Clients Vote Citigroup Number One Cash Management Bank in Asiamoney Poll
Asiamoney magazine has announced the results of its cash management polls for 2006. Clients across the region were polled and Citigroup has picked up a number of key awards, underlining the bank's reputation as the region's leading cash management solution provider.
Clients voted Citigroup the number one cash management services provider for financial institutions in Asia Pacific for 2006 and the number one cash management bank for medium and large corporates by clients in the region. Citigroup was also voted the best local currency cash management provider in Malaysia and Singapore.
Citigroup picked up another 19 awards - more than any other bank - across several countries in the Asia Pacific region for best foreign cash management bank. For the polls, a total of 575 client responses were used by Asiamoney.
Citigroup was ranked number one by clients also for four specialised categories in the financial institutions poll. These were best at understanding business strategies, best at implementing cash management solutions, best after sales customer service and the best electronic trading platform.
"We are naturally delighted with this vote of confidence from clients. We appreciate their support and trust. These poll results underline our commitment to provide clients with the best cash management solutions to meet their ever evolving needs," said Anthony Nappi, head of global transaction services for Asia Pacific at Citigroup.
Asiamoney is one of Asia's leading monthly financial magazines. In 2006, Citigroup also picked up Euromoney's Award for Excellence for being the best cash management bank in Asia Pacific, was selected by FinanceAsia as the market's leading cash management bank in the region and was also chosen by Global Finance as having the region's best online cash management site for 2006.
Citigroup (NYSE: C), the leading global financial services company has some 200 million customer accounts and does business in more than 100 countries, providing consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, and wealth management. Major brand names under Citigroup's trademark red umbrella include Citibank, CitiFinancial, Primerica, Smith Barney and Banamex. Additional information may be found at www.citigroup.com
Citigroup Corporate and Investment Banking
Our Corporate and Investment Banking group achieves the extraordinary for our clients around the world. No financial institution is more committed to understanding and advancing the goals of its clients – our diverse and talented staff in some 100 countries advises companies, governments, and institutional investors on the best way to realize their strategic objectives. We create solutions for and provide the broadest possible capital and market access to thousands of issuer and investor clients, and no institution better executes the increasingly complex payment and cash management solutions required in today's global economy. Core business lines under Citigroup Corporate and Investment Banking include Global Capital Markets, Global Banking and Global Transaction Services.