EMEA Finance Magazine has named Citi “Best Foreign Investment Bank” for the fifth year in a row and “Best Foreign Bank” for the third consecutive year in Bahrain as part of the magazine’s Middle East Banking Awards 2015. The awards were recently announced at a charity awards dinner held at Conrad Hotel Dubai.
EMEA Finance is a bimonthly publication that reports on the major financial events and happenings initiated and influenced by the international financial industry active in Europe, Middle East, and Africa (the EMEA region).
“Citi Bahrain is proud to receive these two awards again; they are a testament to the teams’ efforts in serving our clients and offering them innovative and customized solutions through our leading global network and unrivalled product capabilities”, said Usman Ahmed, CEO of Citi Bahrain.
According to EMEA Finance‘s criteria, ‘Awards recognize the leading banks across the Middle East 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 Middle East. The awards consider various performance and structural factors such as market share, growth in important product classes, and corporate strategy.’
Citi has been in the Arab World for nearly fifty years and views the region as critical to its global franchise. It currently offers full scale corporate and investment banking services across ten Arab countries including Bahrain, UAE, Qatar, Kuwait, Lebanon, Jordan, Egypt, Tunisia, Morocco, and Algeria.