Citi PH named Best International Bank

HONG KONG-BASED financial publishing firm Financeasia recognized Citi Philippines as the Best International Bank for the 23rd straight year in 2021.

Citi Philippines CEO Aftab Ahmed said the recognition pushes them to continue to take measures to protect the well-being of employees, clients, and community in the face of the challenges brought by the pandemic.

As part of its Covid-19 response measures, Citi, through Citi Foundation, has extended P50 million worth of grants to various groups including the Philippine Business for Social Progress, the Microfinance Council of the Philippines, Makesense Philippines, Philippine Business for Education, Microinsurance MBA Association of the Philippines, and Bayan Academy.

Citi credit cards also launched a Covid-19 relief campaign to enable cardholders to use their rewards points to donate to the relief efforts of the Philippine Disaster Relief Foundation and world Vision.

Citi Philippines also raised over $20 billion from debt deals in the global capital markets for various clients and also led two successful equity trades for a Supranational’s holdings.

“Our global network and deep ties in the Philippines have enabled us to deliver on our strategy and exceed our clients’ expectations. we are honored to be recognized and we will continue in our efforts to provide the appropriate financial solutions for our clients and help them achieve their growth objectives,” said Ahmed.

Citi Philippines banks over 950 Multi-national Companies and over 100 top local corporations. Citi Philippines also said they are the bank of choice of 90 percent of the top 20 companies in the country by listed market cap and is the sole settlement bank for the Philippines domestic dollar transfer system for the past 25 years.