FRANKFURT - Citibank Beteiligungen AG, the new German holding company formed by Citicorp last August, posted a profit of $19.7 million in 1992, chief executive Friedrich Menzel said.

Earnings in 1991 at the group, which combined Citibank AG and Citibank Privatkunden AG, were only partly comparable with the prior year's results, Mr. Menzel said at a news conference.

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