I'm thinking Citi is conserving cash... but I'm also thinking Citi in Japan isnt talking to Nicks bank in NZ about his credit rating.
And his credit score would only be questionable if he'd been late with payments or defaulted. I'm guessing Nicks bank in NZ would have picked that up, considering I work for the parent and having a fairly solid understanding of the processes.
I'd be keeping an eye on that investment, conserving cash is a sign of trouble.