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Citigroup’s Russian subsidiary to halt ATMs in Russia by year end

The Citigroup Inc (Citi) logo is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017. REUTERS/Chris Helgren/File Photo/File Photo Acquire Licensing Rights

Sept 4 (Reuters) – The Russian subsidiary of Citigroup Inc (C.N) said on Monday that it will stop operating cash machines in the country, the last step in the winding up of the lender’s retail business in Russia.

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…

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