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LATIN AMERICA ADVISOR

Financial AMERICA ADVISOR

A daily publication Of the dialogue

November 18, 2025

What Does Citi’s Entry Mean for Banking in Guyana?

Citi announced in October that it will open a representative office in Guyana. Industrial activity in the country’s capital, Georgetown, is pictured. // File Photo: espiegle via Adobe Stock.

Q

A

Gina Arjoon, director of Fiscal Frontier in Providence, Guyana: “Citi’s decision to establish a representative office in Guyana reflects growing international confidence in the country’s strong leadership and accelerating economic transformation. Under President Irfaan Ali’s vision for national development, Guyana has expanded its financial ecosystem, modernizing regulation, encouraging innovation and promoting deeper integration with international markets. This expansion coincides with record oil production—now at 900,000 barrels per day—and more than $60 billion in offshore investments. The government’s ambitious development program, including the Berbice Industrial and Deepwater Port, Gas-to-Energy Project and planned facilities for fertilizer, alumina and direct-reduced iron, has created new demand for financing and strategic partnerships. Citi’s entry strengthens Guyana’s connectivity to global capital markets and signals a new phase of financial diversification. For consumers and businesses, it promises…”

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Covering Latin America’s banking and insurance sectors, remittances trends and data, micro lending issues, new technologies in the industry, anti-money laundering regulations, and much more, the Inter-American Dialogue’s biweekly Financial Services Advisor, a sister publication of the Latin America Advisor, gives readers fresh insight and diverse viewpoints from financial sector leaders. To subscribe or for more information, contact Gene Kuleta, editor of the Advisor, at gkuleta@thedialogue.org.

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