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Citi Earns Top Honors in The Asset’s Triple A Awards 2012

Hong Kong, Singapore - April 16, 2012 – Citi today announced it has been named Best Transaction Bank in Asia for 2012 by The Asset magazine. The awards illustrate Citi’s capability, innovation and continued excellence in the transaction banking sector in Asia Pacific.

Citi was also honored with an additional ten regional awards and nearly 20 country and solution awards recognizing its strength in the local markets and ability to deliver effective, creative and sustainable solutions to clients.

"We are extremely proud to have won these prestigious awards and see this as recognition of our growth, innovative spirit and relentless commitment to our clients," commented Anthony Nappi, Citi Asia Pacific Head of Transaction Services. "We believe this is a true validation of our industry-leadership position in the region and we will continue to leverage our capabilities and experience to further develop unparalleled products and services for our clients."

Regional House Awards

  • Best Transaction Bank
  • Best in Treasury and Cash Management, 3rd consecutive year
  • Best in Corporate Trust
  • Best DR Bank
  • Best Fund Administrator – Alternatives
  • Best Subcustodian – Broker-Dealer, 3rd consecutive year
  • Regional Specialist, Best ADR Bank, 2nd consecutive year
  • Specialist Award for MNCs/Large Corporates
  • Best in Treasury & Cash Management, Southeast Asia
  • Best in Working Capital & Trade Finance, Southeast Asia

Country House Awards

  • Best DR Bank in China
  • Best DR Bank in Korea
  • Best FI Bank in Philippines
  • Best Fund Administrator – Alternatives in Australia, 3rd consecutive year
  • Best Fund Administrator – Alternatives in Japan, 3rd consecutive year
  • Best in Corporate Trust in Hong Kong, 3rd consecutive year
  • Best MNC/Large Corporate Bank in Bangladesh
  • Best MNC/Large Corporate Bank in Hong Kong
  • Best MNC/Large Corporate Bank in Korea
  • Best MNC/Large Corporate International Bank in Philippines
  • Best MNC/Large Corporate International Bank in Taiwan
  • Best MNC/Large Corporate Bank in Vietnam
  • Best Subcustodian in Korea
  • Best Subcustodian in Singapore

Solution/Mandate Awards

  • Best Subcustody Mandate, RBC Dexia Investor Services
    Mandate covers the Japan market and has record levels of both AUC and transaction volumes
  • Best Fund Administrator – Alternatives Mandate, Aviva Investors (Singapore)
    Mandate allows better management of counterparty risk through the right level of collateralization
  • Best Regional Comprehensive FX and Cash Management Solution, Thai Airways
    Supports day-to-day operations across 45 countries worldwide and improves liquidity management in Singapore
  • Best ECA-backed Facility in Vietnam, National Power Transmission Corporation
    Innovative Agency-backed financing solution for large scale power transmission projects in Vietnam

The Asset magazine’s annual awards, now into their second decade, recognize leadership in the cash management, trade finance and securities and fund services industries among international financial institutions operating in the Asia Pacific region.

Citi Transaction Services, a division of Citi’s Institutional Clients Group, offers integrated cash management, trade, and securities and fund services to multinational corporations, financial institutions and public sector organizations around the world. With a network that spans more than 95 countries, Citi’s Transaction Services supports over 65,000 clients. As of the fourth quarter of 2011, it held on average $368 billion in liability balances and $12.5 trillion in assets under custody.

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About Citi
Transaction Services, a division of Citi’s Institutional Clients Group, offers integrated cash management, trade, and securities and fund services to multinational corporations, financial institutions and public sector organizations around the world. With a network that spans more than 95 countries, Citi’s Transaction Services supports over 65,000 clients. As of the first quarter of 2012, it held on average $377 billion in liability balances and $13 trillion in assets under custody.

Additional information may be found at www.citigroup.com | Twitter: @Citi | YouTube: www.youtube.com/citi | Blog: http://new.citi.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi