The Citigroup Inc (Citi) logo is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017.
In a statement, the bank said that all its cash machines in Russia would stop working by the end of 2023, and that customers could use mobile banking for most transactions.
Citigroup Inc announced at the end of last summer that it was closing its Russian division, which resulted in a write-off of about $170 million.
At the end of last year, Russian bank Uralsib (USBN.MM) announced that it had bought Citibank's portfolio of consumer loans and would continue servicing them.
Reporting by Elena Fabrichnaya; writing by Felix Light; editing by Jason NeelyOur Standards: The Thomson Reuters Trust Principles.
Persons:
Chris Helgren, Elena Fabrichnaya, Felix Light, Jason Neely
Organizations:
Citigroup Inc, Citi, REUTERS, Thomson
Locations:
Toronto , Ontario, Canada, Russian, Russia