Citibank Wins Prestigious Wealth Management Awards

25 June 2008

Shanghai – Citibank has been recognized with key awards. Citibank’s Structured Investment Account product with “Lock the Return” was named as a “Top 10 Wealth Management Product 2008” and the Citigold center at Citi Tower was named as a “Top 10 Wealth Management Centrer of China 2008.”

The awards, designed to promote best practice in the wealth management sector in China, are from Shanghai Securities News, one of China’s leading newspapers. The judging panel includes Shanghai Securities News, experts from the Chinese Academic Science Institution, and online polling by consumers.

An awards ceremony was held on June 20 in Shanghai. Mr. Leong Chin Lin, Product Director of Retail Banking, Citibank (China) Co., Ltd, represented Citibank China and joined a panel discussion regarding wealth management trends in China.

Chin Lin noted in his remarks that the awards are important recognition, he said, “Citi was the first foreign bank to enter the consumer banking business in 2002 and these awards are great recognition for the team and I would like to thank Shanghai Securities News for this welcome recognition. Citi in China is committed to delivering world class products to meet the evolving needs of our clients across China.”

Chin Lin also emphasized the importance of financial education in the panel discussion. He noted, “We are strongly committed to engaging with our customers, and providing the best possible service experience to them. And as we do so, we maintain our commitment to financial education, ensuring that our customers continue to build their knowledge of financial products.”

Earlier this year, Citibank China was selected as the “Top 5 Wealth Management Brand in China” by China Times and received the “Service Excellence Award” from hexun.com. Asian Banker also selected Citi as the sole winner for “Excellence in Customer Experience Initiative in China” in early June.

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