CITI has been named Best Bank for Public Sector Clients, Best Corporate Bank – Large Corporates & MNCs, and Best Correspondent Bank, among international banks in the Philippines, at the FinanceAsia Awards 2025. These recognitions underscore Citi’s leadership and commitment to delivering with excellence to its clients and to advancing economic growth in the Philippines.
In 2024, Citi’s public sector unit backed an ADB agreement for SME supply chain financing, generating $100M in trade, and was key in the Republic of the Philippines’ G3 sovereign bond deal. For corporate clients, Citi provided innovative financing and risk management solutions.
The bank leads payments as the sole US dollar clearing settlement bank, supporting 40+ local banks. Its mandate for the Philippine Domestic Dollar Transfer System (PDDTS) was extended to 2030.
“These recognitions highlight the strength of our innovative solutions, our incredibly dedicated team, and the immense trust our clients place in Citi,” said Paul Favila, Philippines Citi Country Officer and Banking Head. “As we continue to work as a trusted partner to our clients, we remain laser-focused on the important role we play in helping businesses thrive and in fueling economic growth.”
Earlier this year, Citi also won at The Asset Triple A Awards, including Best Bank for Sustainable Finance and Best Commercial Bank.
