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Citigroup builds on diversity in CEEMEA

Citigroup’s CEEMEA banks have executed a number of successful transactions in recent years, including several for Polish telecom TPSA. The bank is well positioned in the increasingly important area of Islamic finance. The one area where Citigroup’s CEEMEA banks seek improvement is in the equity markets. Shirish Apte, chief executive for CEEMEA, Citigroup, speaks with Sudip Roy about their plans for the future.

Sudip Roy March 1, 2006

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Arguably Citigroup’s most diverse region, CEEMEA encompasses central and eastern Europe, the Middle East and Africa and Turkey. The region is broken into five divisions: Russia/CIS; central and eastern Europe (though Poland, where Citigroup owns Bank Handlowy is separate); Africa (meaning sub-Saharan Africa down to South Africa); the Middle East and north Africa; and Turkey and Israel.

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