Proud to be awarded the Best Bank in Cash & Liquidity Management in the MENA Region
Dubai, February 9, 2015 – Citi, the leading provider of cash management and trade services in the MENA region, announced that it has won the award for the Best Bank in Cash and Liquidity Management for the Middle East and North Africa Region at the 2014 Treasury Management International Awards for Innovation and Excellence ceremony (TMI) held in London. Citi was also awarded the Best Bank for Cash & Liquidity Management in Sub-Saharan Africa, Best Bank for Payments & Collections in Latin America and won the Treasury Analytics award in the Technology Innovation category.
“We are proud that Citi has been recognized in the MENA region as best-in-class for its Cash and Liquidity solutions. This award reflects the strength of our solutions, our continuous investment and also the depth of our customer relationships in MENA,” said Jagadeshwaran K, Citi’s Head of Cash Management, Treasury and Trade Solutions (TTS) for the Middle East, North Africa, Pakistan and Turkey.Citi’s Cash and Liquidity solutions in MENA provides multi-currency concentration platform that enables clients not only to move balances across different countries in a fully automated way as the last transaction of the day, but also maintain a large number of other non-regional currencies to enhance control and visibility of their daily functions.
Citi Treasury and Trade Solutions Awards for Innovation & Excellence at TMI Awards:
|Bank Awards||Best Bank for Cash & Liquidity Management||MENA|
|Bank Awards||Best Bank for Cash & Liquidity Management||Sub-Saharan Africa|
|Bank Awards||Best Bank for Payments & Collections||Latin America|
|Technology Innovation||Treasury Analytics|
Citi has been present in the Middle East and North Africa since 1955, and offers full scale corporate and investment banking services in Egypt, UAE, Bahrain, Qatar, Kuwait, Lebanon, Jordan, Tunisia, Morocco, Algeria, Pakistan and Iraq. Citi’s institutional capabilities in the region include Treasury & Trade Solutions, Corporate & Investment Banking, Capital Markets Origination, Global Markets and Islamic Banking.