Euromoney Names Citigroup as Europe’s Best Issuing and Paying Agent in 2002
April 17, 2003, New York – Citibank® Agency and Trust has been named by Euromoney as Europe's best Issuing and Paying Agent for 2002 for Euro Medium Term Notes. This is the second consecutive year Citibank has won the award.
Commenting on the award, Jeffrey Volk, Managing Director for Citibank Agency and Trust said, "We are pleased to receive this prestigious award from Euromoney because it reflects the confidence of Citigroup's customers in our quality of service in a market where Agency and Trust maintains a dominant market share and is widely recognized as the fixed income market's preferred choice as issuing and paying agent."
In Europe, Citibank continues to be the market leader for issuing and paying agency services with a 34% share of the Euro Medium Term Notes market, a 32% share of the Euro Commercial Paper market, and a 27% share of the Eurobonds market.
Agency and Trust, which is part of Citigroup Global Transaction Services, offers a full range of agency, fiduciary, tender and exchange, and depositary and escrow services in both established and emerging markets. It manages in excess of $2.5 trillion in fixed income and equity investments on behalf of 2,500 corporations, financial institutions, super-nationals, and sovereign governments worldwide. For more information on Citibank Agency and Trust visit www.agencyandtrust.citigroup.com.
About Citigroup Global Transaction
Services
Citigroup® Global Transaction Services is a leading provider of
integrated cash management, trade finance and securities services
for corporations, financial institutions, intermediaries and governments
around the world. With over $ 85 billion in average liability balances,
more than $5.5 trillion in assets under custody and the largest proprietary
branch network, Citigroup’s award-winning operating systems
and Internet-based delivery channels enable clients to manage and
monitor working capital and investments more efficiently, streamline
transaction processing cycles, and re-engineer receivables and payment
processes. Citigroup® Global Transaction Services provides clients
with access to Citigroup’s full range of capabilities and solutions
along with an on-the-ground presence and in-depth knowledge of more
than 90 local markets. For additional information, see www.transactionservices.citigroup.com
