Citigroup's Business Strategy in Asia-Pacific

The video discusses the strong growth in Asia due to investments in digitization and network banking. It highlights the contributions of various Asian countries, including China, and the role of joint ventures. The Belt and Road Initiative is seen as a significant opportunity for trade and capital movement. The shift from physical branches to digital platforms is emphasized, with a focus on improving customer experience and efficiency. Despite the reduction in brick-and-mortar branches, the impact on employment is minimal due to retraining and digital engagement.

What has been a key focus for the company in capturing opportunities throughout Asia?

• Expanding physical branches

• Increasing product prices

• Digitizing consumer business

• Reducing workforce

Which countries are mentioned as major contributors to the company's growth in Asia?

• Vietnam and Thailand

• Japan and South Korea

• Hong Kong and Taiwan

• Malaysia and Indonesia

What is the company's stance on its joint venture in China?

• They are planning to exit the joint venture

• They are reconsidering their position

• They are committed to the Chinese market

• They are reducing their workforce in China

How many Belt and Road countries is the company directly present in?

• 38

• 52

• 65

• 17

What has been a significant change in the company's strategy regarding its consumer business?

• Increasing the number of physical branches

• Reducing digital platforms

• Focusing solely on institutional clients

• Accelerating digitization

What percentage of credit card origination is now digitally originated?

• 50%

• 40%

• 60%

• 30%

What is the growth percentage year on year for digitally originated personal loans?

• 80%

• 50%

• 60%

• 76%