Citibank launches structured notes for retail customers

“The launch of this class of structured products clearly demonstrates Citibank Romania's commitment to offer innovative wealth management products which meet the requirements of our clients. With the growth in the mass affluent population in Central and Eastern Europe, we believe that many customers in Romania are looking for a complete wealth management service.
Structured notes can be customized to meet the unique investment objectives of investors and our Relationship Managers are all investment qualified and help our clients develop wealth management strategies that best fit their circumstances and financial needs. Whether they want to take an aggressive investment approach, or have a more cautious outlook we can use our range of products and expertise to help them,” said Luis Tomassoni, Retail Bank Head at Citibank Romania.
As compared to other similar offers available on the market, the structured notes are available at Citibank starting from as low as 10,000 USD.
The bank also specified that investment products were not guaranteed by any government agency or through any deposit guarantee scheme. The investment products are exposed to, among other risks, the risk of losing partially or totally the invested capital.