Citigroup announced on September 14, 2026, it raised over $40 billion for Saudi Arabian clients this year. This move signals the bank's deepening commitment to the Kingdom. Citigroup considers Saudi Arabia a primary growth market despite increasing regional tensions.
The U.S. bank also increased its internal risk exposure limits for Saudi Arabia. Fahad Aldweesh, Citi's Chief Country Officer, stated the decision reflects the country's robust financial landscape.
Citigroup continues its regional expansion, strengthening its presence to capitalize on economic opportunities.