Asiamoney is part of the Delinian Group, Delinian Limited, 8 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730
Copyright © Delinian Limited and its affiliated companies 2023
Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
AwardsBest Bank Awards

Korea's best international bank 2022: Citi

Citi

Yoo Myung-soon, Citibank Korea.jpg
Myung-Soon Yoo, Citibank Korea

The unmatched global network that Citi brings to South Korea is offering local clients ready access to international markets. The bank also excels at providing multinational corporations operating in Korea with access to the local market, making it an obvious choice for best international bank in the country.

There are speed bumps in the relationship, of course. In October 2021, Citi said it was closing its consumer banking operations in Korea in phases. After just under two decades of trying to make its retail business work, Citi decided to switch tack, citing high costs and limited growth prospects.

But Citi’s global expertise and networks are still a great fit in Korea, where it offers innovative and comprehensive solutions to clients, regardless of conditions or a client’s location.

Two areas where it excels are corporate banking and investment banking. Citi’s corporate banking arm consistently offers best-in-class advice and execution on the most complex transactions across products with top corporations, financial institutions and government entities.

It