Named Best Bank for Corporates in Hong Kong
HONG KONG SAR23 July 2024 – Citi has won a record of 41 global, regional and local market awards from Euromoney, a leading global financial markets magazine, at its annual Awards for Excellence that recognizes the best in banking across key areas that are most important to a bank’s key stakeholders, clients, board and executive management teams. The period of consideration for the awards was the 2023 calendar year.
In its 29th edition, the Euromoney Awards for Excellence recognized Citi as the World’s Best Digital Bank and the World’s Best Investment Bank in the Emerging Markets.
In Hong Kong, Citi is named Best Bank for Corporates in recognition of the strong growth the Hong Kong business achieved in 2023.
“The range of awards Citi has received from Euromoney is an honor and speaks to the strength of our Banking franchise and unrivalled global network spanning more than 180 markets,” said Aveline San, Citi Hong Kong and Macau CEO and Head of Banking.
“We are advancing our vision to be the preeminent banking partner for institutions with cross-border needs. Our wins validate our commitment to have global conversations with our clients to grow their businesses and seamlessly deliver our products and services to them,” she added.
In Hong Kong, Citi serves more than 1,000 institutional clients including over 600 multinationals and the global interests of over 150 Hong Kong local corporates.
Citi’s commercial banking business has also gained considerable market share in Hong Kong over the past few years, working closely with mid-sized corporates in the healthcare, technology, industrials, consumer & retail, and services sectors.
Euromoney’s Best Bank for Corporates accolade follows the multiple award wins by Citi Hong Kong in 2024. Earlier this year, Citi was named Best Corporate Bank for Large Corp and MNCs by FinanceAsia magazine; and Best Corporate and Institutional Adviser, Best Bank for Sustainable Finance, Best Equity Adviser, Best M&A Adviser, Best Commercial Bank and Digital Bank of the Year by The Asset magazine.
