Corporate Treasurers name Citi Best Bank in Asia
Citi has been named Best Bank in Asia by Corporate Treasurer magazine. The award was decided by a poll of more than 1,200 corporate treasurers and CFOs across the Asia Pacific region arranged by the magazine and East and Partners.
The poll asked companies for their primary bank and their satisfaction with it across transaction services, including cash and trade and also foreign exchange (FX) services. The winner was then determined by the combined scores of market share and this satisfaction rating.
In the first quarter of 2019, Citi Asia Pacific reported a 60% rise in net income quarter on quarter across its Institutional Clients Group in Asia.