?Citi has shown leadership across a broad spread of banking activities including corporate finance, investment banking, advisory, financing and structuring. Citi has built a franchise in all these areas that is unmatched by its peers…it has stood behind its clients in the region, offering them the opportunity to realize their business goals,? read the editorial write up on the Best Bank awards.

In 2007, Citi raised over US$30bn for its Asian clients across the region from debt and equity capital markets and was also involved on 102 announced M&A transactions worth close to US$250bn.

Many of these transactions also picked up awards, including best deal in India, best deal in Thailand, best convertible bond, best bond, new bond, corporate bond, best investment grade bond, best liability management, best syndicated loan and best domestic securitization. Citi also picked up best Asian bond house and best Asian leveraged finance house at the annual awards.

?This recognition from the Asset Magazine is testament to the dedication and performance of our employees across the region. To be awarded best bank eight years in a row is a great honour, especially as Asia becomes ever more competitive. I would also like to thank our clients, who place their trust in us ? this award would not be possible without their support,? said Robert Morse, CEO Asia Pacific Markets & Banking at Citi.

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