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Clients Worldwide Choose Citi As The Best Global Bank For Cash Management In Euromoney Annual Poll.


Citi Voted Best Globally And In 15 Geographic Regions

NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 -- Citi announces that it has been named the #1 ranked cash management bank globally in Euromoney's annual cash management poll. In addition to capturing the top spot in the global poll, Citi also took top honors in 15 individual regions covered in the poll. These regions include: Western Europe Western Europe

The countries of western Europe, especially those that are allied with the United States and Canada in the North Atlantic Treaty Organization (established 1949 and usually known as NATO).
, Nordic & Baltic, Central & Eastern Europe Eastern Europe

The countries of eastern Europe, especially those that were allied with the USSR in the Warsaw Pact, which was established in 1955 and dissolved in 1991.
, North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Brazil, Central America Central America, narrow, southernmost region (c.202,200 sq mi/523,698 sq km) of North America, linked to South America at Colombia. It separates the Caribbean from the Pacific. , Caribbean, South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere.  (excl. Brazil), Japan, North Asia North Asia or Northern Asia is a subregion of Asia. The most common definition of the term is;
  • The Asian part of Russia, namely Asian Siberia; however, by some definitions, not all of Northern Asia is part of Siberia.
, South-East Asia South-East Asia nle Sud-Est asiatique

South-East Asia south nSüdostasien nt

South-East Asia n
, South Asia, North Africa and Sub-Saharan Africa.

This year's poll, conducted annually by Euromoney, polled 11,988 cash managers, treasurers and financial officers from 89 countries around the world. As part of the poll, respondents were asked to name the top three banks used for the majority of their cash management services and rate those providers on a sliding scale in a number of categories. Results of the poll were based on valid responses from 3,801 participants.

Citi was also ranked highly by clients in many service categories, including a #1 ranking for overall service and in categories such as: Provision of Cross-Border Cash Pooling, Availability of Global Banking and Electronic Tools, Innovative Payment and Collection Methods, Global Liquidity Capabilities, Bank Credit Rating, and Comprehensive Electronic Banking Capabilities.

"Citi delivers cash management as an end to end service," says Paul Galant This article is about the musical style. For the Mitsubishi automobile, see Mitsubishi Galant.
In music, Galant was a term referring to a style, principally occurring in the third quarter of the 18th century, which featured a return to classical simplicity
, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Global Transaction Services at Citi. "To enable our clients to succeed, we deliver innovative tools, global connectivity and critical information to give them the visibility and transparency to enhance their treasury functions. This means open architecture, industrial scale globally consistent platforms, excellent service, real-time information and the analytical framework to allow them to act on actionable advice before cut-off times. These combined capabilities enable our clients to administer their business and treasury functions consistently in the 100+ countries in which our people serve on the ground."

"Our goal, first and foremost, is the satisfaction of our clients with our services," says Francesco Vanni d'Archirafi, Global Head of Cash Management at Citi's Global Transaction Services unit. "The Euromoney poll is significant in that it is an opportunity for our clients to tell us how we're doing relative to our peers. This win underscores the work being done each day to keep clients at the center of all we do. We win when our clients win."

Global Transaction Services, a division of Citi Markets & Banking, offers integrated cash management, trade, and securities and fund services to multinational corporations, financial institutions and public sector organizations around the world. With a network spanning over 100 countries, Citi's Global Transaction Services supports over 65,000 clients. As of the 3rd quarter of 07, it held $255 billion in liability balances under administration and $12.5 trillion in assets under custody and trust.

About Citi:

Citi, the leading global financial services company, has some 200 million customer accounts and does business in more than 100 countries, providing 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, and wealth management. Citi's major brands include Citibank, CitiFinancial, Primerica, Smith Barney and Banamex. Additional information may be found at www.citigroup.com or www.citi.com.
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Publication:Business Wire
Date:Nov 7, 2007
Words:537
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