The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms & Conditions.

All material subject to strictly enforced copyright laws. © 2020 Euromoney is part of the Euromoney Institutional Investor PLC
Best Bank Awards

Singapore's best international bank 2021: Citi

Citi

Amol Gupte, ASEAN Head and Citi Country Officer, Singapore, Citi.jpg
Amol Gupte, Citi

A bank can always plan for the worst. But it demonstrates its skills and understanding of the market and clients from the way it responds and keeps its business humming when the worst actually happens. In Singapore, Citi did a stellar job in navigating the havoc caused by the pandemic in the past 18 months, making it Asiamoney’s pick for best international bank in the city-state.

Citi operates in Singapore through three entities: Citibank Singapore, Citibank NA Singapore branch and Citicorp Investment Bank (Singapore). Together, they reported net income of about S$1.1 billion ($810 million) in 2020, up about 17% from the previous year.

Its recipe for success is its one team approach – or what the management calls One Citi – to make sure all business lines are firing on all cylinders through collaboration across teams and markets.

Take the example of Singapore-based Utac Holdings, a semiconductor chip assembly company whose sale to Wise Road Capital, a China-based private equity firm, was completed in August 2020. Citi was the financial adviser to Utac.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors

LOGIN NOW

Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree