Citi also wins Best Depositary Receipt Mandate Award for Alibaba
Group Holding Limited’s Sponsored ADR Program
The Asset magazine recently honored Citi as the “Best DR Bank” in Asia
in its 2015 Triple A Asset Servicing, Investor and Fund Management
Awards. In addition, Citi won the “Best DR Mandate” award for its role
as the depositary bank for Alibaba Group Holding Limited’s American
Depositary Receipt (ADR) program.
The Asset Triple A Awards honor those that have excelled in the region,
according to The Asset magazine. In 2014, Citi raised more than
80% of the total capital issued in depositary receipt form from the Asia
Pacific region.
“Citi’s Issuer Services business is proud to be recognized as the
leading depositary bank in Asia and for our relentless focus on helping
our clients build and execute successful depositary receipt programs,”
said Nancy Lissemore, Global Head of Depositary Receipt Services at
Citi. “As these awards demonstrate, we are committed to providing our
clients and their investors with the highest quality depositary receipt
services.”
“We are thrilled to once again be named the leading provider of
depositary receipt services in Asia,” said Valentina Chuang, Asia Head
of Depositary Receipt Services at Citi. “Depositary receipts continue to
be an effective means for issuers to raise capital in the Asia Pacific
region. With our global presence, investor relations expertise and
best-in-class service, we will continue to help our clients in Asia
expand their investor bases worldwide and maximize the visibility of
their depositary receipt programs.”
Citi is a leading provider of depositary receipt services. With
depositary receipt programs in 55 markets, Citi leverages its global
network to help companies connect to new markets and raise capital
worldwide.
For more information about Citi’s Depositary Receipt Services, please
visit www.citi.com/dr.
Citi
Citi, the leading global bank, has approximately 200 million customer
accounts and does business in more than 160 countries and jurisdictions.
Citi provides consumers, corporations, governments and institutions with
a broad range of financial products and services, including consumer
banking and credit, corporate and investment banking, securities
brokerage, transaction services, and wealth management.
Additional information may be found at www.citigroup.com
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