Citi China Q&A

Au discusses Citi's China challenge

Citi China’s CEO Andrew Au, and managing director of China corporate banking, Henry Zhang, discuss strategy and the increasingly competitive banking market in China.

China’s banking market has become increasingly crowded, what is Citi’s strategy to stay competitive
Andrew Au
We also see the market as very competitive. We need lots of strength to compete and we believe we have that strength. When looking at the competition, there are only a handful of foreign players that compete with us, whereas the local banks are very competitive in the domestic market. But while we are looking at local banks’ competitiveness we are also looking at our own strengths, and we opt to compete in chosen areas.

We see competition in corporate banking in global markets that’s why we have set up China...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222