[Mr. John Reed, CEO Citibank]
New York, New York, United States
Undated, early 1987?
Document with tear-off postcard addressed to John Reed, CEO of Citibank calling on Citibank to close its branches and headquarters in South Africa, sell its holdings of Diners South Africa, make every effort to assure rapid repayment of its outstanding South African loan, and commit itself to issue no new loans in any currency to South African borrowers until apartheid has ended. The document says on December 10, 1986, Human Rights Day, a coalition of religious institutions working through ICCR, labor unions, and community organizations launched a campaign calling on Citibank to withdraw from South Africa until apartheid is dismantled; Citibank has refused to adopt this policy. The document says Citibank is the only U.S. bank with headquarters and branch banks in South Africa, where it reported outstanding loans during 1985 totaling $700 million.
Used by permission of the Interfaith Center on Corporate Responsibility.
Collection: Private collection of Donna Katzin