Citibank Hong Kong operates as a part of the Citigroup, one of the world’s largest financial institutions. The company was among the first foreign banks, started operations in the city in 1902. Citibank serves customers with a network of 48 branches in Hong Kong, operating there through three main divisions: Citi Markets & Banking, Global Consumer Group and Global Wealth Management. The bank is also known as one of the largest issuers of credit cards in Hong Kong.