Citigroup, through its Global Transaction Services business, has launched commercial card issuance on behalf of BASF, the world’s leading chemical company, in the UAE. BASF employees in the Emirates will now use Citi-issued commercial cards for managing and settling corporate expenses using this state-of-the-art technological platform.
Citi has launched its global commercial card off ering in more than 50 local currency issuance markets in recognition of on-going client demand and this is the fi rst step in its strategy to expand the service in the Middle East.