Citibank issues sole-branded card in China

Citibank, the largest credit card issuer in the world, issued its first sole-branded credit card in China on Wednesday.

Five cards in two categories were issued and will be available in thirteen cities that Citi operates in.

With a renminbi-denominated and a US dollar denominated card, the new Citi China UnionPay, Visa and MasterCard credit cards can be used at outlets across China and around the world.