Euromoney, a leading magazine on global financial markets, has awarded Citi Bangladesh as the Best Trade Bank in the country at its annual Trade Finance Awards for Excellence 2014, the bank said in a statement yesterday.
“This award is excellent recognition for our team in Asia and I would like to thank our clients who place their trust in Citi,” said Sanjay Tandon, managing director and head of trade for Asia, treasury and trade solutions.
“In a highly competitive market, this recognition is greatly appreciated by all of us at Citi. This win demonstrates Citi's commitment to providing the best solutions to its' clients in this region,” said Rashed Maqsood, Citi country officer for Bangladesh.
In the global category, the bank also won the Best Overall Global Trade Finance Bank award, the Best Short-Term Trade Finance Bank award, and the Best Energy Finance Bank award at the ceremony, according to the statement.
Citi also picked up Best Bank and Best Investment Bank in India and Best Bank in Taiwan.
Euromoney Awards for Excellence have been recognised as among the most prestigious in the financial services industry for two decades.