Citi moves to expand footprint in Guyana amid rapid economic growth

Citi said on Friday it plans to establish a representative office in Guyana, pending regulatory approval from the Bank of Guyana, as part of its strategy to tap into the country’s rapid economic expansion.

The bank said the move reflects Guyana’s strong growth in infrastructure and export financing, as well as its increasingly attractive investment climate.

With operations in more than 90 countries, Citi said it intends to leverage its global network and expertise to support the country’s financial infrastructure and economic development.

“We are very excited about the prospect of establishing a presence through a representative office in Guyana,” said Pablo del Valle, Citi’s Head for Central America and Caribbean. “Guyana’s growth trajectory and vibrant investment landscape, present a compelling opportunity for Citi, and further complement our unmatched global network. We are committed to working closely with the Bank of Guyana and other stakeholders to build strong and lasting relationships.”