The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.
Awards

Islamic finance awards 2012: Most improved international Islamic bank

Citi’s Islamic finance business has greatly enhanced its rankings in the recent past. Between December 2010 and November 2011 it acted as bookrunner for deals totalling $1.8 billion, with a 7.6% share of the market. Compare this with the same period for 2008-09; then Citi acted as bookrunner for $599 million-worth of bonds.

In two years Citi managed to more than triple the deal volume for which it acted as bookrunner, and more than doubled its market share. This increase made it the world’s fifth-largest bookrunner for Islamic bonds, up from its previous high of seventh-largest bookrunner in 2009.

Citi’s Islamic syndicated loans performance was also strong: it acted as bookrunner for $596 million of deals, an 8.3% market share, making it the second-largest bookrunner for Islamic syndicated loans. This marks the first time that Citi has reached the top-five bookrunners for syndicated loans.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors

LOGIN NOW

Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree