US-based lender Citibank has expanded its network in Greece with the opening of four new branches in Argyroupolis, Kalamaki, Attiki and Ilion. The bank said the move was designed to improve customer access.

Within the first half of 2006, six branches have opened in total and five more are planned to open by the end of the year. The expansion is part of the wider organic growth strategy of the bank, which now has 63 branches throughout the country and plans to open more in the near future.

Chris Vassiliades, business manager for Citibank in Greece, commented: Citibank evolves, in branches, in products and in services, by maintaining at the same time an excellent working environment. We want to continue our leadership in the offering of investment products, while growing in mortgage loans and investing more in co-branded credit cards with leading companies that will become the new generation of credit cards.