Financial services, global banking, New York, interest rates and multinational corporation

The Right Advice

Mr. Mulamba is Chief Executive of Citibank in the Democratic Republic of Congo; he is also responsible for managing markets for the DRC. In addition, Mr. Mulamba is the president of the Congolese Banking Association, a conglomerate of 17 Congolese banks.

A juggernaut with $21 trillion in assets under custody and a market capitalization of $83.72 billion, Citibank is part of the New York-based financial group, Citigroup, which ranks among the Top 3 largest banks in the United States. A systemic 'Too Big to Fail' bank, a symbol of Wall Street, it is the only American bank established in the DRC and it opened its office in Kinshasa in 1971, and established another one in Lubumbashi in 2013. Citi DRC is primarily aimed at clients in the mining and metals industry and also provides a wide range of banking services to government entities, non-governmental organizations, subsidiaries of multinationals, local businesses and microfinance institutions.

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