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Northeast Asia

New Silk Road Finance Awards 2017 CEE: Best international bank for BRI

Citi

New_Silk_Road_Finance_Awards_2017-200   

BELT AND ROAD          

As the go-to house for capital markets and transaction banking in central and eastern Europe, and a market leader in Asia, Citi is ideally placed to serve companies investing along the New Silk Road. The US bank – which boasts an on-the-ground presence in the majority of the Belt and Road countries – is gearing up to take full advantage of its unique position.

It played a leading role in bringing Beijing Gas Group’s $1.1 billion acquisition of a 20% stake in Verkhnechonskneftegaz (VCNG) from Russian state-owned oil giant Rosneft to a successful conclusion, providing a comprehensive financing and banking solution for the buyer.

Agreed in November 2016, it was hailed as a milestone in the energy dialogue between Russia and China.

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