The Citigroup has been funding the Citibank in Venezuela since 2001.
This is being done to help the bank in its effort to support three areas namely:
- Educating the next generation
- Financial education
- Building entrepreneurs and communities
The Citibank in collaboration with the Simon Bolivar University has embarked on a program financing the Naiguata Development Project.
It has also launched an educational campaign in 2005 and according to the estimates of the bank there were 1813 students who have enrolled themselves for the program.
The employees of Citibank Venezuela are an integral part of the project who have volunteered for this program.