Citibank is Pakistan's most innovative commercial and investment
bank, having won more international citations for deals done
in Pakistan and having more landmark transactions to its credit
than any other financial institution. Euromoney recognised
Citibank as the "Best M & A bank in Pakistan"
in 1999. Citibank's recent notable transactions include:
1999 Arranged the first local currency future flows
1998 First local currency lease rental securitisation.
1998 First local currency securitisation backed by
Notes Payable from a Government owned entity.
1997 First foreign currency foreign future currency
receivables for PTCL of USD 250 million.
1996 Successful placement of the largest term finance
certificates issued in the country, resulting in a double-fold
increase in market appetite.
1996 Arranged the Government of Pakistan's highly successful
issue of USD 150 million FRN.
1995 Successfully placed the largest term finance certificate
issued in the country.
1994 Devised the first local currency corporate bond.
1993 Launched Pakistan's first and to date only Euro-convertible
1992 Successfully structured the first leveraged management
1991 Pakistan's first ever foreign equity fund.