Citibank Worldwide Securities Services (WWSS) is a unit of Citigroup's of Global Corporate and Investment Bank. WWSS serves global issuers, investors and intermediaries through the industry's largest proprietary network, spanning 51countries. It currently provides securities services to more than 2,500 customers worldwide and has $4 trillion in assets under custody. WWSS is the industry's premier custodian of cross-border assets, top ranked global clearer and recognized leader in depositary receipt services, and agency and trust services. The local presence of WWSS, supported globally by Regional Service Centers, ensures clients of consistent transaction processing worldwide, proprietary control of clearing cycles and reduced risk in all cross-border securities transactions.

With a global leadership position in virtually every market served, Worldwide Securities Services offers corporate and institutional clients the full spectrum of custody, trust and safekeeping services. Citibank is capable of handling end-to-end transactions on a global scale that few financial institutions can match. We have been consistently recognized for our excellent execution, global consistency and local market expertise. Citibank is rated Most Acclaimed Network by the Global Custodian magazine (Industry Benchmark) - with 38 countries Top rated

Citibank's core custody product offers a range of services which include safekeeping, settlement, cash processing, income collection and corporate actions, proxy voting services and market information.

Securities Services in Pakistan

Citibank was the first foreign bank to offer custody services in Pakistan. We offer a full range of services under our core custody product with the capability of offering value-added services such as Escrow and Depository Services. Citibank's execution capabilities cover a broad range of financial instruments, which includes equities, corporate, and government bonds and money market instruments. We have experience of operating in both the physical and scripless environment and have consistently demonstrated our ability to service the client's needs by maintaining high service standards.

We have a highly experienced team of professionals with strong local market expertise and skills who have extensive experience in dealing with local market participants such as brokers, companies, and regulatory bodies such as the stock exchange and the central depository.

Citibank has played a major role towards the development of a condusive framework to facilitate foreign portfolio investment through its close interaction with different regulatory bodies.

The bank was rated as 'Commended' with the highest scores in the Global Custodian Survey (Industry Benchmark) for 1999 for its service excellence.