BANGKOK – Citi Thailand has been named Thailand’s Best Foreign Commercial Bank for 2012 by FinanceAsia magazine, one of Asia’s leading financial trade publications. This marks the tenth consecutive year that Citi Thailand has won this highly respected award.
Commenting on the win, Darren Buckley, Citi Country Officer - Thailand, Citibank, N.A. said: “We are proud to receive this award for the tenth consecutive year. It is especially meaningful this year as we celebrate our 200th anniversary. This win underlines strongly our commitment to delivering the best-in-class products and services matched by our strong network to help our clients achieve their goals. I would like to extend our thanks and sincere appreciation to our clients in Thailand for placing their trust in Citi and the entire Citi Thailand team for their dedication and commitment to serving our clients with excellence.”
In selecting Citi Thailand, the FinanceAsia’s editorial team commented: “Despite a challenging environment — with no less than a massive flood and a change in political leadership — Citi opened two branches in 2011 while Citi Advance opened up 43 outlets throughout the country. Citi’s profitability is one of the highest among foreign banks, including locally incorporated foreign banks. It is also one of the most diversified foreign banks. It serves more than 3,000 local and multinational companies and more than one million retail clients. Notably, the bank is also strong on the foreign exchange side, with a market share of about 18% among foreign banks.”
About Citi
Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. 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, transaction services, and wealth management.
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Media Contact
Hassaya Hasitabhan Tel: 02 788 2904 Email:hassaya.hasitabhan@citi.com
Nipon Pila Tel: 02 788 2905 Email:nipon.pila@citi.com
