Citi PH named best international bank
HONG KONG-based financial publishing company FinanceAsia recognized Citi Philippines as the top international bank for the 23rd consecutive year in 2021.
Citi Philippines CEO Aftab Ahmed said the recognition inspires them to continue taking action to protect the well-being of employees, customers and the community in the face of the challenges posed by the pandemic.
As part of its response measures to Covid-19, Citi, through the Citi Foundation, has awarded grants worth 50 million pesos to various groups including Philippine Business for Social Progress, Microfinance Council of the Philippines, Makesense Philippines, Philippine Business for Education, Microinsurance Association MBA of the Philippines, and Bayan Academy.
Citi Credit Cards have also launched a Covid-19 relief campaign to allow cardholders to use their reward points to donate to the relief efforts of the Philippine Disaster Relief Foundation and World Vision.
Citi Philippines has also raised over $ 20 billion through debt transactions in global capital markets for various clients and has also led two successful equity transactions for holdings of a supranational company.
“Our global network and close ties in the Philippines have enabled us to execute our strategy and exceed our clients’ expectations. We are honored to be recognized and will continue our efforts to provide the right financial solutions to our clients and help them achieve their growth goals, ”said Ahmed.
Citi Philippines manages more than 950 multinational companies and more than 100 leading local companies. Citi Philippines also stated that it is the bank of choice for 90% of the top 20 companies in the country by listed market capitalization and that it is the only settlement bank in the Philippine national dollar transfer system over the years. Last 25 years.