Finance Asia, one of Asia’s leading magazines covering the banking industry, has named Citi as the Best Bank in Asia Pacific for 2010. The award marks the second year in a row that Citi has picked up the prestigious award and the twelfth time since it was first handed out thirteen years ago. The award is decided by the editorial team of Finance Asia.
Stephen Bird, CEO of Citi Asia Pacific received the award on behalf of Citi’s 50,000 employees in the region at the awards dinner in Hong Kong recently, says a press release here.  In the editorial write up to announce the award, Finance Asia said “Citi continues to expand and grow and also helped Asia Pacific clients raise US$160bn from the international capital markets in 2010. Its global franchise that flows through the emerging markets also helps multinationals expand internationally”
 Citi also picked up the best Commercial Bank, best Private Bank and best Cash Management Bank award in Asia Pacific from Finance Asia for 2010. Citi-led transactions also received wide recognition including deal of the Year and Best IPO, Best Mid-cap Equity Deal, Best Investment Grade Bond, Best High Yield Bond, Best Sovereign Bond and Best Deals in the Philippines and Vietnam.

News: The Independent/ Bangladesh/23- Feb-2011