Citi’s Landscape for Supporting Financial Inclusion

Sanjiv Vohra Country Head and Citi Country Officer

Philippines

29 October 2009

Citi Priorities

Microfinance and Microenterprise

Financial Education and Asset Building

Environment with focus on sustainable enterprises

Small and Growing Businesses

Youth Education

Disaster Response

Workplace - inclusive, diverse, empowering

Expanding access to financial servicesWorking across Citi’s businesses, product groups and geographies

Citi commercial scaling – beyond philanthropy

Strictly Private and Confidential

Citi Microfinance serves more than 100 MFIs, networks and investors as clients in over 40 countries with products and services spanning the financial spectrum – from

financing, access to capital markets, transaction services and hedging foreign exchange risk, to credit, savings, remittances and insurance products - to expand access to

financial services for the underserved.

Supporting sector development, Supporting the microfinance sector development through networks for more than 20 years through Citi Foundation

Leveraging Citi footprint, No other American bank has local bank presence in more than 100 countries

Establishing MFIs relationship, Citi has established policies and procedures to bank, finance and commercially partner with MFIs in their local currency, local language and local law.

Serving international investors, donors and funds working in the microfinance sector

Working with 100 clients in more than 40 countries

US7 Networks

2 Fund Managers

Latin America26 MFIs

11 Countries1 Fund Manager Africa

13 MFIs9 Countries

Asia35 MFIs

9 Countries

EE / Central Asia13 MFIs

7 Countries

Europe1 Network

3 Fund Managers

Citi Microfinance has been a pioneer in leading milestone transactions in various financial areas and geographies.

Citi Microfinance works in partnership with MFIs to extend the depth of financial services to low income households.

Leading innovation through milestone transactions

Strictly Private and Confidential

Citi Microfinance is embedding microfinance across all Citi’s businesses

FromConsumer Banking

To Local Capital

MarketsPrivate

Banking

Export and Agency

FinancingCorporateBanking

Commercial Banking

Peru

First microfinance

Bond

2002

US$20 million

Mexico

Investment grade

structured bonds

2002 - 2003Sole Bookrunner

MXP 200 million

Mexico

1.4 million women

covered by

micro insurance

From 2005

Bangladesh

First Securitization

of microloans

2006US$180 million

over 6 years

USA

Microloans

portfolio

Purchase

2008US$30 million

India

Savings products

using biometrics ATM

2004

Pakistan

First microfinance

local currency

syndication

2007US$22 million

Examples of Citi milestone transactions worldwide

Philippine Initiatives: Microfinance

7th Citi Microentrepreneur of the Year Awards

Microfinance Training and Accreditation Program with Asian Institute of Management

Citi Network Strengthening Program

Commercial Microfinance: CARDS

US$11.2 million international grant program that will increase the ability of 12 major microfinance networks to develop products and services that will meet the needs of their members and clients.

Management training modules developed by Citi to offer train-the-trainer courses to more than 100 trainers from MFIs across 10 countries in the region.

7 years running. Gave more than US$375,000 in grants

and recognizing 41 outstanding Filipino microentrepreneurs nationwide.

CARD – Citi Php 150 Million Microfinance Facility Agreement

Signing

10-year, US$200 million commitment to Financial Education

Strictly Private and Confidential

Citi Financial Education and Asset Building programme focuses on personal finance and touches people of every age, ethnicity and economic level and reaches across

businesses, languages and countries.

April 2004 – Office of of Financial Education

10-year, $200 million commitment to promoting financial education around the world

As of 2008 - Citi and Citi Foundation has invested approximately US$149 million in hundreds of financial education programmes around the world

Philippine Initiatives: Financial Education“Estudyantipid” Series

Citi Junior Bankers Congress

Citi-FINEX Rafael B. Buenaventura Outstanding Finance Educators Award

“Hatch” Series

Money Matters for Kids Travelling Exhibit and Workbook

Contributed US$ 200,000 in 7 years and benefited 210 students from various universities nationwide

Held campus tours in 2007 covering 15 universities in Metro Manila and Cebu reaching over 7,500 students.Hatch II: Personal Education Program for Call Center

Agents for implementation in 2009

1st Series – 7 episodes on basic personal finance

Money for Kids Traveling Exhibit: To run a month-long traveling exhibit in 4 locations nationwide in 2009-2010Money for Kids Workbook: Production of 3,000 copies of workbooks for distribution to beneficiary children during exhibit.

Citi-FT Financial Education Summit 2009

Strictly Private and Confidential

3 – 4 December 2009, Singapore in partnership with the Pearson Foundation and the Financial Times

Sixth in a series held annually

Provides a unique platform to share best practices in developing, delivering and evaluating financial education initiatives from around the globe

Consumer Education

Use Credit Wisely

Financial Planning and Investor Education

Customer Communication