Citi Successfully Closes 6th Edition of e for Education campaign

Posted 28 November 2018 in EMpower News   |   Share

As one of the benificiaries, EMpower is more than thrilled to announce that Citi has raised a record $7 million through the 2018 edition of its annual e for Education campaign. Launched in 2013 by Citi’s Foreign Exchange and Local Markets (FXLM), the initiative has raised $30 million over the past 6 years in support of several key projects focused on youth education and literacy.

This year alone, Citi’s FXLM business raised $7 million by donating $1 for every $1million of FX that clients traded via a broad range of electronic platforms including Citi Velocity, Citi’s flagship trading platform for institutional clients, and CitiFX Pulse for corporate clients. For the first time this year, the campaign also included local market bonds, in addition to FX.

This year, EMpower had the honor to be awarded $869,000! EMpower’s president, Marta Cabrera, commented on the partnership with Citi by saying: “Citi’s e for Education has given a huge boost to our work in youth education. We have been able to expand and deepen our support of outstanding organizations in 15 countries world-wide, keeping girls in school in India, teaching computer and language skills in Africa and giving young people more opportunity for a better future. Citi’s support has been a game-changer, and has made a critical difference in the lives of thousands of young people.”

“We are delighted to have raised record funds for the 6th edition of the campaign,” Nadir Mahmud, Citi’s Global Head of Foreign Exchange and Local Markets, said. “As we continue to gain momentum with this initiative, we are pleased to work with a growing number of non-profit partners to further support youth inclusion globally and facilitate equal access to education in the communities we operate in.”

Additional information about the campaign may be found at www.citifx.com/e4e