Citi named Best Corporate and Institutional Digital Bank

Citi swept Global Finance Magazine’s country awards in the Corporate/Institutional Digital Bank category, winning 15 accolades for Vietnam, Australia, Bangladesh, Hong Kong, India, Indonesia, Kazakhstan, Malaysia, New Zealand, Pakistan, Singapore, ROK, Sri Lanka, the Philippines, and Thailand.

In the World’s Best Corporate/Institutional Digital Banks in the Asia-Pacific category Citi won five regional sub-category awards, including Most Innovative Digital Bank, Best Online Cash Management, Best Online Treasury Services, Best in Mobile Banking, and Best Mobile Banking App.

“We are honoured to be recognised by Global Finance for our excellence in digital banking for corporate and institutional clients. 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, blockchain distributed ledger technologies, and digital identity solutions", said  Rajesh Mehta, Citi’s Asia-Pacific head of Treasury and Trade Solutions (TTS).

Winning these awards would not have been possible without our clients, as we have a very client-centric approach to innovation and actively engage our clients to co-create innovative and differentiated solutions that are relevant to them,” noted Mr. Rajesh Mehta.

Citi’s TTS business has been at the forefront of innovation with the introduction of a wide range of leading solutions. This included the launch of the CitiConnect API solution for treasury services, helping clients leverage the full value of Citi’s API capabilities, as well as the launch of a unique capability for digital advisory through the Connectivity Module of Citi Interactive Solutions.

In addition, MobilePass was launched across 11 markets in Asia. This first-in-market mobile password solution eliminates the need for corporate users to carry physical tokens for login when accessing their online banking accounts on desktop, mobile or tablet devices.

“Citi’s goal is to be the world’s leading digital bank and deliver remarkable banking experience to our clients wherever they are. We have accelerated efforts to transform our model to be simpler, more nimble, highly relevant, scalable, and far more digital. We are honoured that this transformation has been recognised by Global Finance Magazine,” said Natasha Ansell, managing director and Citi Country Officer for Vietnam.

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