Citi Expands Global Coverage of Commercial Cards Business in Israel
Citigroup’s global transaction services (GTS) business has extended its commercial cards offering to Israel. Citi commercial cards solutions are now available in 102 countries, which include 64 local currency programmes. The launch is part of Citi’s strategy to support its clients by continuously expanding its cards business globally.
Manish Kohli, global head of commercial cards, Citi GTS, said: “We are very pleased to offer commercial card solutions to our clients in Israel. By adding this sophisticated payment method to our local offering, we are helping clients to move from traditional payment instruments to electronic ones, thus enabling digitization and providing a more secure, efficient and transparent solution that is underpinned by a best in class reporting tool. We are committed to expanding the global coverage of our commercial cards business and look forward to further strengthening our network.”