Citi has announced it will continue to expand its global Commercial Cards business by adding Brazil to its market leading proprietary platform ECS+.
Citi’s Commercial Card programmes have proven their value as an effective means for enhancing bottom-line profitability. Treasury departments of corporations and public sector entities can streamline their procurement processes, while cashing in on critical costing savings, increasing staff productivity, as well as improving their purchasing power and cash management efficiencies.
Manish Kohli, Citi’s Global Commercial Cards Head, said: “Latin America is a key strategic region for our global clients, and this significant investment represents our continued commitment to enhancing our solutions across the region. This will ensure that cardholders and clients have access to consistent services, wherever they are in the world.”
“The launch of local issuance capabilities in Brazil represents an important milestone in this key strategic market for Citi – one requiring local solutions that will meet the high service standards demanded from global clients. Citi will continue to make the technology investments necessary to provide clients with a high quality and consistent experience globally.” said Adoniro Cestari, Treasury and Trade Solutions Head Brazil.
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