Citi Plans Baltic Hub on NATO Frontier Leading Defense Boom
4 Articles
4 Articles
One of the largest US banks, Citigroup, is planning to open an office in the Baltic States, and the most likely location is Lithuania, writes the Verslo žinios portal, citing the Bloomberg news agency.
He wants to take advantage of the defense spending boom.
Citi Plans Baltic Hub on NATO Frontier Leading Defense Boom
(Bloomberg) — Citigroup Inc. will open a representative office in the Baltics to better facilitate defense-related financing on NATO’s eastern frontier, where nations are ramping up military outlays in response to Russian threats.
Citigroup is planning to open an office in the Baltics, with Lithuania being the most likely location. One of the world's largest banks is seeking to strengthen its role in defense financing and take advantage of growing investments in European security.

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