While Citi's credit losses remain quite low compared to historical averages, they did increase markedly sequentially, especially in North America, with that business unit posting a net credit loss figure of 2.97% for 1Q2019 versus 2.60% for 4Q2018 and 2.77% for 1Q2018.
While Citi's credit losses remain quite low compared to historical averages, they did increase markedly sequentially, especially in North America, with that business unit posting a net credit loss figure of 2.97% for 1Q2019 versus 2.60% for 4Q2018 and 2.77% for 1Q2018.
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