Citi has received regulatory approval from the Bank of Guyana to establish a representative office in Georgetown, according to reports from multiple outlets. The approval, announced on Friday, is intended to allow the U.S.-based financial firm to formally strengthen its presence in Guyana’s financial sector. Citi says the authorisation covers the establishment of a representative office and is granted to Citibank, N.A., enabling the company to operate more directly in the country. The development is presented by the sources as part of broader growth in Guyana’s economy and its expanding financial services industry. While the reports focus on the regulatory green light and the location of the proposed office, they do not provide further details on the timeline for operations, staffing, or the range of services the office will offer. Overall, the coverage agrees that the Bank of Guyana’s approval is a key step in Citi’s planned expansion within Guyana.