Citibank Bangladesh wins digital banking award

Citibank NA Bangladesh has recently won the Global Finance Magazine country award for excellence in digital banking in corporate and institutional segments of the market for the tenth consecutive year.

Citi also swept the country awards for Australia, Hong Kong, India, Indonesia, Kazakhstan, Malaysia, New Zealand, Pakistan, Singapore, South Korea, Sri Lanka, the Philippines, Thailand, and Vietnam.

In the category for the world's best corporate/institutional digital banks in Asia Pacific, Citi won in five regional sub-categories in 2017: the most innovative digital bank, the best online cash management, the best online treasury services, the best in mobile banking and the best mobile banking app.

 "We are honoured to be recognised by Global Finance for our excellence in digital banking for corporate and institutional clients," said Rajesh Mehta, Citi's Asia Pacific head for treasury and trade solutions, in a statement.

"Being truly digital is fundamental to our strategy. We continuously invest in the next generation of technology, intuitive user interfaces and advanced online analytics, and are early adopters in exciting areas such as robotics, predictive analytics, block chain distributed ledger technologies, and digital identity solutions," he said.

Moinul Huq, head of treasury and trade solutions of Citi Bangladesh, said Citi pioneered digital banking in Bangladesh and the ten consecutive Best Digital Bank awards signifies Citibank's stronghold in this crucial segment.

"Digital Banking has transformed the way most businesses operate and Citibank has been paving the way with continued investment in technology and best-in-breed systems for designing innovative solutions that meet clients' evolving treasury management and trade needs."