Citigroup plans 900 hires for commercial banking unit in Asia Pacific

China and India will each get around 80 new hires. Hong Kong will add close to 100 people

Citigroup Inc's commercial banking unit will hire 900 staff over the next three years, a large part of which will be for the U.S. bank's Asia Pacific business, as it plans to fast-track growth.

The U.S. lender said on Monday that along with launching in new markets and expanding its digital capabilities, the Citi Commercial Bank (CCB) unit is looking to ramp up its presence in high-growth and emerging markets.

The bank, which currently operates in 60 countries and focuses on lending to mid-sized companies, said a bulk of the hires are expected to be in areas where it sees an increase