Citi Hungary wins banking awards
Citi Hungary was named the Best Foreign Bank in Hungary for the second consecutive year, as well as the Best Investment Bank in Hungary for the fifth year in a row by EMEA Finance Magazine in their annual financial institution ranking, the Europe Banking Awards 2012. Batara Sianturi, Citi Country Officer for Citi Hungary said: “In 2012 we celebrated Citi’s 200th anniversary of serving our clients and the communities around the globe. In Hungary, where Citi has been in operation for close to 27 years, we continue to be at the forefront of the banking sector by delivering innovation and landmark products for the benefit of our stakeholders. We are very honored and pleased to have our 2012 outstanding performance recognized by the prestigious EMEA Finance magazine. In 2012, Citi Hungary’s performance remained strong in a continued challenging global and local macro environment, delivering profitable results and we participated in a number of landmark investment banking transactions for our key corporate clients in the business and public sector supporting them in achieving their financial goals.” According to EMEA Finance's criteria, the prestigious Europe Banking Awards recognize the achievements of leading commercial and investment banks in Europe, the Commonwealth of Independent States and Russia that stand out among their peers, demonstrate leadership in their home markets, top the performance and deal-making tables both in individual countries and across the region. The awards consider various performance and structural factors, such as market share, growth in important product classes, profitability and corporate strategy.
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