Citi Selected as Best Bank for Global Cash Management and Liquidity Management by Global Finance for 2022 | Nation/World
NEW YORK–(BUSINESS WIRE)–February 22, 2022–
Citi was named both the Best Global Bank for Cash Management and the Best Global Bank for Cash Management by Global finance. The publication also named Citi Virtual Accounts as the best global virtual account solution. Additionally, Citi has won a number of regional awards in liquidity, cash management and investment solutions.
“In the face of another challenging year for treasurers around the world, Citi continued to distinguish itself by providing the best digital solutions that address pressing cash and liquidity management needs,” said Joseph D. Giarraputo, publisher and director Global Finance editorial. “The Global Finance Awards recognize organizations that have best served their clients in an unprecedented and ongoing crisis.”
“As our customers become more global and digital, it has become critically important to be able to access faster, smarter payments that provide transparency, convenience and lower cost,” said Debopama Sen, Global Co-Head of Payments and Receivables, Citi Treasury and Commercial Solutions. “Citi is committed to providing globally consistent platforms, innovative solutions and excellent service,” added Amit Agarwal, Global Co-Head of Payments and Receivables, Citi Treasury and Trade Solutions. “These include domestic and cross-border instant payments allowing customers to access new markets, optimal payment experiences and real-time daily cash management, such as providing payments in wallets and cards that allow you to choose for increased visibility and efficiency.”
“Cash management remains a critical objective for companies looking to not only better manage capital and liquidity risk, but also set the stage for success around growth opportunities,” added Stephen Randall, global head of cash management services, Citi Treasury and Trade. Solutions. “To be recognized as the best global bank for liquidity management by Global finance for what is now the third consecutive year is a real honor. Citi has one of the strongest and most global cash management networks in the industry and we remain steadfast in our commitment to help our clients as they move towards greater growth, resilience and efficiency. »
Citi received top honors in global, regional and national categories, including:
- Best bank for cash management
- Best Bank for Cash Management
- Best Virtual Accounts
Regional and National Awards:
- Best Bank for Payments and Collections – Asia Pacific
- Best Bank for Cash Management – Latin America
- Best Bank for Cash Management – North America
- Best Bank for Payments and Collections – Western Europe
- Best Short Term Investment/Money Market Fund Provider – Western Europe
- Best Bank for Cash Management – Bahamas
- Best Bank for Cash Management – Mexico
- Best Bank for Cash Management – Puerto Rico
Citi Treasury and Trade Solutions (TTS) helps our clients succeed by providing an integrated suite of innovative and customized treasury management and trade finance services to multinational corporations, financial institutions and public sector organizations around the world. Building on the foundation of the industry’s largest proprietary network with banking licenses in over 90 countries and globally integrated technology platforms, TTS continues to lead the way in offering a full suite of digital management solutions. cash, trade and liquidity.
Citi, the world’s largest bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, businesses, governments, and institutions with a wide range of financial products and services, including personal banking and lending, corporate and investment banking, securities brokerage, transaction and wealth management services.
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Copyright BusinessWire 2022.
PUBLISHED: 02/22/2022 09:00/DISC: 02/22/2022 09:02
Copyright BusinessWire 2022.