Awards of Excellence: Middle Eastern regional awards
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Awards

Awards of Excellence: Middle Eastern regional awards

Awards for Excellence 1997

Best bank Citibank
There is no competition for best bank in this area, as Citibank is the only bank to have a noticeable presence in practically every Middle Eastern country. The scope of products offered by Citibank in the Middle East encompasses the range from transactional banking services and the more traditional day-to-day operations through to sophisticated financial structuring, portfolio management and treasury services. Keeping in mind the unique nature of the Middle Eastern markets, Citibank has successfully innovated a string of sharia-approved products specifically tailored for its clients' needs in the Middle East, as further additions to its Islamic banking activities. Citibank has also placed a great deal of emphasis on introducing standard types of financial products offered in local currency throughout the region, notably its forex and credit derivatives in Lebanese pounds, Jordanian dinars and Egyptian pounds.

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