Citi to set up office in Guyana

See below the full statement issued:

Citi announced Friday its intention to establish a representative office in Guyana, subject to regulatory approval from the Bank of Guyana. This strategic initiative is driven by Guyana’s exponential economic growth, particularly in infrastructure and export financing, and its increasingly attractive investment climate.

With a well-established presence in over 90 countries and jurisdictions across the globe, Citi aims to leverage its extensive scale and expertise to contribute significantly to the Guyanese economy.

The opening of a representative office in Guyana will enable Citi to help its clients and partners access global markets and help support the growth, development and financial infrastructure of the country.

“We are very excited about the prospect of establishing a presence through a representative office in Guyana,” said Pablo del Valle, Citi’s Head for Central America and Caribbean. “Guyana’s growth trajectory and vibrant investment landscape, present a compelling opportunity for Citi, and further complement our unmatched global network. We are committed to working closely with the Bank of Guyana and other stakeholders to build strong and lasting relationships.”