Citi Malaysia bags multiple banking awards


Citi Malaysia CEO Usman Ahmed

KUALA LUMPUR: Citi Malaysia has won three banking awards, a recognition of the strength and leadership of the global bank’s institutional business in Malaysia.

Asiamoney in its Best Bank Awards 2021 named Citi Malaysia as Best International Bank while Global Finance gave the bank for the sixth consecutive year, the Best Corporate/Institutional Digital Bank award.

Citi also won the Best Corporate Sukuk Award by the Asset in its Triple A Awards in recognition of Citi’s role as a Bookrunner and Lead Manager for Axiata Group’s US$500mil Wakala Sukuk transaction.

In a statement Thursday, Citi Malaysia said the Best International Bank Award was in recognition of several notable deals by Citi including the Genting Bhd New York US$525mil five-year bond and the Petronas Canada US$600mil seven-year bond offer.

“The awards from prominent regional publications provide independent recognition of our leading presence and strong team in Malaysia demonstrating the depth of our capabilities across capital markets, digital solutions, Islamic banking and the franchise as a whole,” chief executive officer Usman Ahmed said.

“We would like to thank our clients for their trust and remain committed to always providing the best-in-class solutions and advice to help them grow domestically and abroad,” he added.

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