Miami, Florida – Citi announced today that it has been named by Global Finance as the "Best Foreign Exchange Bank and Provider" in Latin America for the fifth consecutive year, in the magazine's World's Best Foreign Exchange and Provider 2011 Awards. Citi was also recognized as "Best Foreign Exchange Bank and Provider" in Argentina, Ecuador, El Salvador, Mexico (Banamex) and North America.
"Citi's continued recognition in these prestigious awards, both at a regional and country level, distinguish the sustained efforts made to deliver the best solutions to our clients," said Ricardo Braga, Regional Head of Markets, Citi Latin America and Mexico. "We are very proud of the recognitions received and we are committed to continue providing the best foreign exchange services to our clients in the region."
According to Global Finance, its editors, with input from industry analysts, corporate executives and technology experts, also selected the best currency trading providers in 86 countries or regions. Criteria for choosing the traditional and online winners included transaction volume, market share, scope of global coverage, customer service, competitive pricing and innovative technologies.
Highlights of Global Finance World's Best Foreign Exchange Banks and Providers received by Citi:
Citi
Citi, the leading global financial services company, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Through Citicorp and Citi Holdings, Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Additional information may be found at www.citigroup.com or www.citi.com.