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Citi named Best Global Emerging Markets Bank and Best Global Transaction Banking House in 2011 by Euromoney magazine

Citi won 16 top awards globally, including Best Cash Management House Award in Central and Eastern Europe

August 24, 2011

Citi was named Best Global Emerging Markets Bank and Best Global Transaction Banking House by Euromoney magazine as part of its Euromoney Awards for Excellence 2011. In addition to capturing these two global awards, Citi also took top honors with seven regional awards, including Central and Eastern Europe being named Best Cash Management House, and seven country awards, adding up to altogether 16 awards globally.

“We are tremendously proud of this recognition from Euromoney. Our primary goal is to help our clients succeed in the global marketplace as they look toward emerging markets for yield and growth. Citi's unique international network and experience on the ground in more than 100 countries are strategic strengths which we are intensely focused on delivering to clients,” said John Havens, President and Chief Operating Officer of Citi and Chief Executive Officer of Citi's Institutional Clients Group.

Francesco Vanni d'Archirafi, Chief Executive Officer of Global Transaction Services at Citi said, “We are delighted to be recognized by Euromoney for our transaction services business with this global award. We continue our focus on serving our clients locally, regionally and globally, wherever they do business in the world. Our next level of growth will come from capturing further opportunities by focusing on the emerging markets, increasing wallet share with our clients and their global supply chain ecosystems, and tapping into new opportunities in cities with digital solutions and enterprise-wide services in collaboration with other parts of Citi.” Citi's Global Transaction Services has been recognized by Euromoney as the best global provider of treasury services 11 times since 1997.

Batara Sianturi, Citi Country Officer for Hungary added, “We are honored to see that our commitment to increase service levels and enhance technology continues to be recognized by Euromoney's prestigious industry awards. We are focused on providing client excellence in every single interaction with our clients and as part of the world's leading global financial institution we provide our clients in Hungary and the South Central Europe and Baltic region access to the best products and services and banking innovations from around the world.”

Euromoney is one of the world's leading monthly financial publications focusing on the banking industry. Their Awards for Excellence, currently in their 20th year, continue to be among the most respected awards in the financial services industry. The global awards were presented on July 7th at a dinner in London, and the full list of awards winners will appear in Euromoney's August issue.

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