Citi Named Best Bank for Liquidity Management and Best Bank for Working Capital Optimization in Latin America

Miami, Florida, January 20, 2017 - Citi has been named the Best Bank for Liquidity Management and the Best Bank for Working Capital Optimization in Latin America by Global Finance magazine as part of its 2017 World’s Best Treasury & Cash Management Banks and Providers awards. In addition, Citi was named Best Cash Management Bank in Peru.

Global Finance used a multi-tiered assessment process—which included a readers’ poll, input from industry analysts, corporate executives, technology experts and independent research—to select the best providers of treasury and cash management services. A variety of subjective and objective criteria were considered, including: profitability, market share and reach, customer service, competitive pricing, product innovation and the extent to which treasury and cash management providers have successfully differentiated themselves from their competitors around core service provision.

“It is an honor for us to receive this award,” said Steve Donovan, Latin America Region Head, Treasury and Trade Solutions. “Given the diverse economic conditions in the region, and the evolving business environment, our clients rely on us for the advisory and the insights to navigate macroeconomic, regulatory and technological changes as well as the solutions and infrastructure locally and globally to attend to their complex needs.”