Citi will inaugurate new location today

Citi, the financial services firm, plans to inaugurate its $35 million Campus Citi in Ribera de Belén today. Public officials are expected to participate.

The site is the Oficentro El Cafetal, which also is shared by the firm Deloitte.

The Citi operation is called a shared services center and basically a call center, and the firm is expected to have about 800 workers there. At the same time the Citi presence in retail banking is decreasing as the local entity closes branches in the Pacific coast.

The project had been announced last year.

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