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Asset Magazine awards CITI best bank in Asia

Tuesday, 19 February 2008


FE Report
Citi was awarded best bank in Asia by the editors of the Asset Magazine for 2007. This is the eighth year in a row that Citi has picked up best bank from the Asset Magazine, one of Asia's leading monthly financial markets magazines.
"Citi has shown leadership across a broad spread of banking activities. It has built a franchise in all these areas that is unmatched by its peers...it has stood behind its clients in the region, offering them the opportunity to realize their business goals," read the editorial write up on the Best Bank awards.
In 2007, Citi raised over US$30bn for its Asian clients across the region from debt and equity capital markets and was also involved on 102 announced M&A transactions worth close to US$250bn.
Many of these transactions also picked up awards, including best deal in India, best deal in Thailand, best convertible bond, best bond, new bond, corporate bond, best investment grade bond, best liability management, best syndicated loan and best domestic securitisation.