Identifier
Created
Classification
Origin
08ASHGABAT1056
2008-08-13 12:40:00
CONFIDENTIAL
Embassy Ashgabat
Cable title:
TURKMENISTAN: CITIBANK LOOKING FOR BUSINESS
how-toVZCZCXRO9524 PP RUEHAG RUEHBI RUEHCI RUEHLH RUEHPW RUEHROV DE RUEHAH #1056 2261240 ZNY CCCCC ZZH P 131240Z AUG 08 FM AMEMBASSY ASHGABAT TO RUEHC/SECSTATE WASHDC PRIORITY 1342 INFO RUCNCLS/ALL SOUTH AND CENTRAL ASIA COLLECTIVE RUCNCIS/CIS COLLECTIVE RUCNMEM/EU MEMBER STATES COLLECTIVE RUEHAK/AMEMBASSY ANKARA 4152 RUEHBJ/AMEMBASSY BEIJING 1964 RUEHKO/AMEMBASSY TOKYO 1829 RUEHIT/AMCONSUL ISTANBUL 2400 RUCPDOC/DEPT OF COMMERCE WASHDC RHEHNSC/NSC WASHDC RUEATRS/DEPT OF TREASURY WASHDC RHMFISS/CDR USCENTCOM MACDILL AFB FL RUEAIIA/CIA WASHDC RHEFDIA/DIA WASHDC RUEKJCS/JOINT STAFF WASHDC RUEKJCS/SECDEF WASHINGTON DC RUEHVEN/USMISSION USOSCE 2775
C O N F I D E N T I A L ASHGABAT 001056
SIPDIS
STATE FOR SCA/CEN, EEB
E.O. 12958: DECL: 08/13/2017
TAGS: EFIN TX
SUBJECT: TURKMENISTAN: CITIBANK LOOKING FOR BUSINESS
OPPORTUNITIES
Classified By: Charge d'Affaires a.i. Sylvia Reed Curran for reasons
C O N F I D E N T I A L ASHGABAT 001056
SIPDIS
STATE FOR SCA/CEN, EEB
E.O. 12958: DECL: 08/13/2017
TAGS: EFIN TX
SUBJECT: TURKMENISTAN: CITIBANK LOOKING FOR BUSINESS
OPPORTUNITIES
Classified By: Charge d'Affaires a.i. Sylvia Reed Curran for reasons 1.
4 (B) and (D).
1. (C) Two officials from Citibank are visiting Turkmenistan
for annual client meetings: a Citibank Vice President and
Senior Correspondent Banker from Citibank's Bank Services
Group and a Relationship Manager of Citibank's Central Asia
and Transcaucasia Department. Citibank has provided money
transfer services for the Central Bank and Vneshekonombank
since Turkmenistan's independence. The Citibank officials
said that, during this trip, their counterparts from
Turkmenistan organizations avoided discussing statistics or
giving specific figures. However, these Turkmen officials
noted the country's eagerness to expand ties with
international companies and asked for training programs.
Citibank would like to explore opportunities to provide
future training to Turkmenistan in electronic payment
systems, credit services, and debt services.
2. (C) COMMENT: These observations support post's
experiences with Turkmenistan's financial community since the
beginning of this summer. Turkmenistan appears to want to
open up its markets to the world and accept assistance, but
is not sure how to do so. Post encouraged Citibank to accept
the invitation to put on some training programs as a way to
deepen the relationship and have a foot in the door for
future business opportunities. END COMMENT.
CURRAN
SIPDIS
STATE FOR SCA/CEN, EEB
E.O. 12958: DECL: 08/13/2017
TAGS: EFIN TX
SUBJECT: TURKMENISTAN: CITIBANK LOOKING FOR BUSINESS
OPPORTUNITIES
Classified By: Charge d'Affaires a.i. Sylvia Reed Curran for reasons 1.
4 (B) and (D).
1. (C) Two officials from Citibank are visiting Turkmenistan
for annual client meetings: a Citibank Vice President and
Senior Correspondent Banker from Citibank's Bank Services
Group and a Relationship Manager of Citibank's Central Asia
and Transcaucasia Department. Citibank has provided money
transfer services for the Central Bank and Vneshekonombank
since Turkmenistan's independence. The Citibank officials
said that, during this trip, their counterparts from
Turkmenistan organizations avoided discussing statistics or
giving specific figures. However, these Turkmen officials
noted the country's eagerness to expand ties with
international companies and asked for training programs.
Citibank would like to explore opportunities to provide
future training to Turkmenistan in electronic payment
systems, credit services, and debt services.
2. (C) COMMENT: These observations support post's
experiences with Turkmenistan's financial community since the
beginning of this summer. Turkmenistan appears to want to
open up its markets to the world and accept assistance, but
is not sure how to do so. Post encouraged Citibank to accept
the invitation to put on some training programs as a way to
deepen the relationship and have a foot in the door for
future business opportunities. END COMMENT.
CURRAN