London – Citi is pleased to announce that it has recently won several high-profile industry awards in the trade finance sector that demonstrate its capabilities.
Citi was named the World's Best Trade Financier and the World's Best Supply Chain Financier in the Trade Finance Global (TFG) International Finance Awards 2022. These awards were announced at the recent BAFT 2022 Global Annual Meeting in Washington, DC.
Furthermore, Citi was named the World's Best Bank for Trade Digitalisation and won five Deal of the Year awards at the Global Trade Review Leaders in Trade Awards.
The five winning deals were for Gavi Covax, Henkel sustainable supply chain finance, John Wood Group, Basrah Gas Company and Panama Metro Line 3. More information on these deals can be found here.
These awards are recognized around the world and winners are selected by a panel of judges.
Chris Cox, Global Head of Trade & Working Capital Solutions, Citi, said, "We are delighted to have won these awards. It has been a very challenging time for world trade. These awards show the global strength and innovative nature of our solutions, and our commitment to finding creative solutions to help address our clients' priorities and support their growth. We provide industry leading supply chain finance and working capital solutions to our clients – which these awards acknowledge. Our progress in digitalization is recognized and we are committed to innovative social and sustainable financing."
The TFG Awards are presented to businesses and service providers in trade, supply chain, and receivables finance and are a recognition of excellence in both the intermediary and direct markets. The GTR Awards highlight excellence in the trade, commodity, supply chain and export finance markets.
Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. 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.
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