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.

Euromoney Awards for Excellence 2002: Asia

ASIA

Awards for Excellence 2002


       
Citibank: the one true pan-Asian bank

Best bank: Citigroup
Best equities house: UBS Warburg
Best debt house: Citigroup/Salomon Smith Barney
Best M&A house: Merrill Lynch
Best at risk management and treasury: HSBC
Best in cash management: Citibank
Best in custody: Citibank






Citigroup wins the region's best bank award for the third successive year. It is the one true pan-Asian bank with operations in 14 markets across the region. While other banks struggled in the tough operating environment, Citibank had its best ever year in some markets. In Malaysia's slowing and heavily regulated market it reported pre-tax profits 34.3% higher than the previous year. This was more than any other foreign competitor. In Taiwan pre-tax earnings soared by 102% to US$255 million. It is now the fifth most profitable among all financial institutions on the island.


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