Citi wins award for bank of the year in Asia Pacific

By Phong Van   March 22, 2023 | 01:00 am PT
Citibank has been honored as "Bank of the Year" in the Asia Pacific at the 2022 International Financing Review Asia Awards.

The award was based on a unanimous decision by the editors of IFR Asia, a leading regional capital markets magazine.

The recognition from IFR Asia reaffirms the expertise and solution-driven approach of Citi’s capital markets and advisory teams in developing and executing complex transactions for clients in an ever-changing and challenging macro-environment.

"Citi’s pan- Asian footprint and diverse sector coverage made it a bastion of stability, while its commercial bank enabled it to give issuers more options in rapidly changing market conditions," IFR Asia concluded in an editorial write up accompanying the award win.

"This win is a recognition of the strength of Citi’s franchise, the competitive advantage of our global network and the passion and energy of our teams," Jan Metzger, head of Asia Pacific banking, capital markets and advisory at Citi, said.

In Vietnam, the bank recently won the 2023 Golden Dragon Award for its role as an outstanding foreign enterprise promoting green investment, digital transformation and sustainable development.

the bank recently won the 2023 Golden Dragon Award

Citibank's representative receives the 2023 Golden Dragon Award. Photo by Citibank Vietnam

Ramachandran A.S., Vietnam Citi Country Officer, said: "We have been financing and facilitating a wide array of climate solutions, from renewable energy and clean technology to carbon credits, to help accelerate the country’s transition to a low-carbon economy.

"Our strategy in Vietnam is to continue doing what we do best: corporate and institutional banking for large companies and financial institutions with cross - border needs, and simultaneously supporting Vietnam’s ambitions to build a more sustainable future."

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