day-1-financeasia-achievement-awards-2005--transactional-banking

Day 1: FinanceAsia Achievement Awards 2005 - Transactional Banking

FinanceAsia is pleased to announce the winners of six transactional banking awards for 2005.

Best Cash Management Bank

Citigroup

Citigroup has defended its position as the best cash management bank in Asia, keeping uncompromising competitors at bay for the moment. This year our judges were impressed by Citigroup's consistent growth in client acquisition, a steady transition to electronic banking channels, an ability to execute complex regional mandates and the development of new products that increase visibility and flexibility for corporate treasurers.

Citigroup won 1,845 new mandates from medium to large corporate clients in the first 10 months of the year worth just over $50 million in revenue. The bank also picked up 971 incremental mandates from existing...

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