Citigroup waives certain fees for consumers impacted by coronavirus

(Reuters) – Citigroup Inc said on Friday it will waive monthly bank account fees and certificate of deposit penalties for consumers impacted by coronavirus.

Small business accounts are also eligible for relief.

“This is a rapidly evolving situation and we want our customers to know we are here to provide assistance should they need it,” said Anand Selva, CEO of Citi’s U.S. Consumer Bank.

(Reporting by Imani Moise; Editing by Chris Reese)