Citi Named Best Depositary Receipt Bank in Asia by The Asset Magazine
July 02 2015 - 10:35AM
Business Wire
Citi also wins Best Depositary Receipt
Mandate Award for Alibaba Group Holding Limited’s Sponsored ADR
Program
The Asset magazine recently honored Citi as the “Best DR Bank”
in Asia in its 2015 Triple A Asset Servicing, Investor and Fund
Management Awards. In addition, Citi won the “Best DR Mandate”
award for its role as the depositary bank for Alibaba Group Holding
Limited’s American Depositary Receipt (ADR) program.
The Asset Triple A Awards honor those that have excelled in the
region, according to The Asset magazine. In 2014, Citi raised more
than 80% of the total capital issued in depositary receipt form
from the Asia Pacific region.
“Citi’s Issuer Services business is proud to be recognized as
the leading depositary bank in Asia and for our relentless focus on
helping our clients build and execute successful depositary receipt
programs,” said Nancy Lissemore, Global Head of Depositary Receipt
Services at Citi. “As these awards demonstrate, we are committed to
providing our clients and their investors with the highest quality
depositary receipt services.”
“We are thrilled to once again be named the leading provider of
depositary receipt services in Asia,” said Valentina Chuang, Asia
Head of Depositary Receipt Services at Citi. “Depositary receipts
continue to be an effective means for issuers to raise capital in
the Asia Pacific region. With our global presence, investor
relations expertise and best-in-class service, we will continue to
help our clients in Asia expand their investor bases worldwide and
maximize the visibility of their depositary receipt programs.”
Citi is a leading provider of depositary receipt services. With
depositary receipt programs in 55 markets, Citi leverages its
global network to help companies connect to new markets and raise
capital worldwide.
For more information about Citi’s Depositary Receipt Services,
please visit www.citi.com/dr.
Citi
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.
Additional information may be found at www.citigroup.com |
Twitter: @Citi | YouTube: www.youtube.com/citi | Blog:
http://blog.citigroup.com | Facebook: www.facebook.com/citi |
LinkedIn: www.linkedin.com/company/citi
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version on businesswire.com: http://www.businesswire.com/news/home/20150702005532/en/
Media:CitiRobert Julavits,
212-816-8020robert.w.julavits@citi.com
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