Korea Citibank Selected as 'Best Corporate Finance Digital Bank'

Jinhoe Park, President of Citibank Korea

[Asia Economy Reporter Minyoung Kim] Citibank Korea announced on the 26th that it was selected as Korea's Best Consumer Finance Digital Bank and Best Corporate Finance Digital Bank at the '2020 World's Best Digital Bank Awards' hosted by the global financial magazine Global Finance. The Best Corporate Finance Digital Bank award has been won for three consecutive years since 2018.

Citigroup was selected as the Best Consumer Finance Digital Bank not only in Korea but also in Australia, Hong Kong, and the Philippines. Additionally, in the Best Corporate Finance Digital Bank category, Citigroup won awards in 16 countries including Korea, Australia, Bangladesh, China, Hong Kong, India, Indonesia, Japan, Malaysia, New Zealand, Pakistan, the Philippines, Sri Lanka, Taiwan, Thailand, and Vietnam.

Global Finance magazine explained that the winners were selected based on excellence in online customer acquisition and service strategies, customer usage rates of digital products, expansion of the online customer base, product diversity, and the tangible benefits and functionality of digital initiatives.

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