Citibank Korea named Best International Bank in Korea by Asiamoney

Citybank Korea’s head office in Seoul [CITYBANK KOREA]

Citibank Korea has been named Best International Bank in Korea for 2023 by finance publication Asiamoney.

According to Asiamoney, Citibank Korea demonstrated significant performance improvements across financial metrics, with tangible gains in total revenue and net income compared to 2022. Particularly strong growth was seen in corporate banking.

Citibank Korea is navigating a trajectory of substantial growth across all fronts of the Institutional Clients Group, encompassing foreign exchange and capital markets, corporate client treasury management and securities services. These endeavors strategically underscore the commitment of Citibank Korea to reshape its revenue model, reinforcing its position as a beacon of financial strength.

“Thanks to all our employees, who are working together for the growth of clients and the bank. We were able to win this award during a time of change and challenge,” said Citibank Korea's CEO Myung-Soon Yoo.

“Citibank Korea will continue to provide high-quality financial services as a trusted financial partner for the sustainable growth of corporate clients that are rapidly expanding in the global market.”

BY KIM SU-HYEON [kim.suhyeon4@joongang.co.kr]