FOR IMMEDIATE RELEASE
Citigroup Inc. (NYSE: C)
April 22, 2008
Citibank Peru Supports Improved Standards in Education with "Adopt A School" Program
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| The children of Buena Esperanza School that are benefiting from Citibank Peru's "Adopt A School" program. |
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Lima, Peru – Four years ago, through Citi Foundation, Citibank Peru decided to include Buena Esperanza School among its social assistance programs through the "Adopt a School" program. The objective of this institution is to contribute toward education through improvements in the infrastructure of this school, which is responsible for the education of 130 children between the ages of three and nine in the district of Villa El Salvador.
As a result, on April 10, two new classrooms and a play area were inaugurated at the school. These new additions now join other buildings constructed in previous years.
Support for education is part of Cit's commitment to the development of the communities where it operates, and that is why, through Citi Foundation, the bank reaffirms its commitment to education in Peru. "We believe that children should have access to quality education and a good career in the future," said Mónica Perales, the bank's vice president of Public Relations and Human Resources.
"The support we have received from Citi over the years has been fundamental in the growth of the school," said Patricia de Bary, Buena Esperanza School representative
The Buena Esperanza School is a non-profit organization which provides a service to indigent Peruvian children from the Villa El Salvador district. It aims to provide them with a solid personal, social and academic formation through modern teaching techniques designed to give students a well-rounded education. The school also concentrates on other important aspects which complement the children's education, such as nutrition, physical and emotional health, and employment for parents.
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Citi
Citi, the leading global financial services company, has some 200 million customer accounts and does business in more than 100 countries, providing consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, and wealth management. Citi's major brand names include Citibank, CitiFinancial, Primerica, Smith Barney, Banamex, and Nikko. Additional information may be found at www.citigroup.com or www.citi.com.
Citi Foundation
The Citi Foundation is committed to enhancing economic opportunities for underserved individuals and families in the communities where we work throughout the world. Globally, the Citi Foundation is focusing its giving on Microfinance and Microentrepreneurship, which helps individuals become economically self-sufficient; Small and Growing Businesses, leading to economic expansion and job creation; Education, which prepares young people for personal and professional success; Financial Education, which helps individuals make informed financial decisions; and the Environment with a focus on sustainable enterprises that generate jobs and stimulate economic growth while preserving the environment. Additional information can be found at http://www.citigroupfoundation.com/.
