United States. Citibank (Citibank, the Chinese name "Citi" comes from the habitual name of Shanghai residents for the bank) is a retail bank under Citigroup. Its main predecessor is the "City Bank of New York" established on June 16, 1812. After recent After two centuries of development and mergers and acquisitions, it has become one of the largest banks in the United States and a major international bank with branches in nearly 150 countries and regions around the world. It is headquartered at 399 Park Avenue, New York City. On September 19, 2012, Citibank (China) Co., Ltd. announced the official operation of its credit card business in China in Shanghai.

Take Citibank and Bank of China as an example. The differences between the two are as follows:

Difference 1. The two were established at different times.

Citibank's main predecessor is the "City Bank of New York" established on June 16, 1812. Bank of China (BANK OF CHINA) was formally established on February 5, 1912 with the approval of Dr. Sun Yat-sen.

Difference 2. The number of branches between the two is different.

Citibank is a major international bank with branches in nearly 150 countries and regions around the world. It is headquartered at 399 Park Avenue, New York City. Bank of China has branches throughout mainland China and 57 countries and regions, so Citibank has more branches than Bank of China.

Difference 3. The nature of the two is different.

Citigroup is currently recognized as one of the most successful financial services groups in the world, not only because it continues to occupy a leading position among the companies with the highest profitability and growth rate in the global financial services industry, but also because it is the world's largest financial services company. The most globalized financial services chain company in the world. The Bank of China is a large state-owned bank managed by the central government and a deputy ministerial level unit.

Difference 4. The services provided by the two are different.

Citigroup provides services to approximately 200 million customers in more than 100 countries around the world, including individuals, institutions, businesses and government departments. Bank of China is mainly engaged in commercial banking business, including corporate, personal finance, treasury business, international treasury business and financial institution business.

Difference 5. The world rankings of the two are different.

In the 2002 ranking of the world's top 1,000 banks by various indicators, the British "Banker" magazine ranked Citigroup with tier one capital of 59 billion, total assets of approximately 1.097 billion, and profits of approximately US$15.28 billion. First, the profit level accounts for 6.1 of the total profit of 1,000 large banks of US$252.4 billion.

In July 2018, Bank of China ranked 46th among the Fortune Global 500. On July 22, 2019, the Fortune Global 500 list was released, with Bank of China ranking 44th. Worldwide, Citibank's credit card customers can meet their consumption needs and adapt to their different financial situations through credit cards issued by Citibank, or credit cards jointly issued by Citibank and other well-known institutions. Citibank is the world's largest credit card issuer.