Asset magazine names Citigroup as Best Bank in Asia for 10th consecutive year

Seoul--(뉴스와이어)--Citigroup was awarded best bank in Asia by the editors of the Asset Magazine for 2009. The announcement was made at the annual Asset Asian Awards Dinner that was held in Hong Kong in mid January. This is the tenth year in a row that Citi has picked up best bank from the Asset Magazine, one of Asia's leading financial magazines.

In its editorial on the awards, the Asset said: ‘Against the backdrop of the financial crisis, Citi was dedicated to expanding in this part of the world. Citi remains a force to be reckoned with in many of the markets in the region with its comprehensive franchise in commercial banking, investment banking, transaction banking and the flow business. In China, it also maintained its investments as others were forced to sell and it continues to excel in India, executing landmark transactions.”

“This recognition from the Asset Magazine is testament to the dedication and performance of our employees across Asia Pacific. We will continue to invest across the region to support our clients,” said Stephen Bird, joint CEO for Citi Asia Pacific.

“To be awarded best bank ten years in a row is a great honour, especially as Asia becomes ever more competitive. I would also like to thank our clients who continue to place their trust in us,” said Shirish Apte, joint CEO for Citi Asia Pacific.

Citi was also awarded best bank in China, Indonesia, Philippines, South Korea and Taiwan. In addition, Citi was named regional best small-cap equity house and best TMT house; best foreign investment bank in India and best equity house in Hong Kong. In Australia, Citi won the best equity-linked deal and best M&A while in Japan, Citi captured the best equity deal and best M&A deal.

In 2009, Citi raised over US$150 bn for its Asian clients across the region from debt and equity capital markets, according to data from data provider Dealogic. Many of these transactions also picked up awards, including best quasi-sovereign bond, best LBO/cross border M&A and best project finance and best deals in India and South Korea. For a full list of Citi's awards in Asia Pacific please visit http://www.citigroup.com/citi/global/apawards.htm.

About Citi

Citi, the leading global financial services company, has approximately 200 million customer accounts and does business in more than 140 countries. Through its two operating units, Citicorp and Citi Holdings, Citi provides 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. Additional information may be found at www.citigroup.com or www.citi.com.

한국씨티은행 개요
씨티은행은 1967년 최초로 한국에 진출한 이래 45년 동안 선진 금융 서비스를 국내 고객에게 제공해 왔으며, 2008년 글로벌 금융위기 때 8억불을 증자해 국내 외환시장 안정에 기여했고, 1970년대 석유 파동시 2억불 차관 제공으로 한국의 무역수지 개선에 기여한 공로로 수교훈장 ‘숭례장’을, 1997년 외환위기 당시 240억불 대외 부채 상환 연장에 기여한 공로로 수교훈장 ‘흥인장’을 받는 등 한국 경제가 어려움에 처할 때에 곁에서 힘이 돼 준 친구 같은 은행이다.

웹사이트: http://www.citibank.co.kr

연락처

Shin, Hyeon Jeong
Communication Dept.
Citibank Korea Inc.
82-2-3455-2330

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