Is Citigroup Saudi Arabia licensed? - Versión para impresión

Is Citigroup Saudi Arabia licensed? - Versión para impresión

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Is Citigroup Saudi Arabia licensed? - doaausef3li - 28-01-2024

Is Citigroup Saudi Arabia licensed?
No, Citigroup in Saudi Arabia is not a financial brokerage company in the first place. The Capital Market Authority of the Kingdom of Saudi Arabia and other official regulatory bodies have confirmed that there is no licensed trading company in any of the financial markets in the world bearing the name “Citigroup Saudi Arabia.
شركة سيتي جروب العربية السعودية

While the real Citi group has a subsidiary in the Kingdom of Saudi Arabia, known as Citibank Saudi Arabia, it is a fully licensed company in Saudi Arabia, but it does not provide any trading services in the financial market, especially CFD trading in particular. Therefore, it is necessary to be careful when you encounter any advertisement for a company claiming to be affiliated with Citigroup and providing trading services.

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