Citi Bank executes first securities lending transaction in Romanian securities

Citi has executed its first stock loan transaction in Romanian securities through its Agency Securities Lending business. This milestone follows previous successful launches of securities lending in a number of emerging markets.

“We are pleased to have pioneered our first securities lending transaction in Romania, which is a key development in an emerging market with great potential,” said Alin Duhnea, Senior Product Manager at Citi. “The strength of our Securities Services business is our ability to deliver local expertise and innovation to our global clients. Our in-depth understanding of the market, close relationships with local regulators and market infrastructures, and client focus are the foundation of Citi’s leading position in Romania.”

With the addition of Romania, Citi now supports securities lending in 74 markets globally as part of a suite of investment services provided by its Agency Securities Lending business.

Citi has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions.