Citi to continue to innovate next generation technology


Citibank, N. A. will continue to innovate and invest in next generation technology to create solutions that would guide the customers to navigate through increasingly changing and complex operating environment through innovation and digital transformation. 

Md. Moinul Huq, Head of Treasury and Trade Solutions (TTS), Citibank, N.A.; Bangladesh said this while expressing reaction as the bank received Global Finance Recognizes Citi’s Digital Leadership in Bangladesh for the Twelfth Consecutive Year.

Citibank, N.A. Bangladesh was recently recognized for it’s digital leadership by Global Finance in the publication’s annual World’s Best Digital Bank Awards. 

In the publication’s 2019 World’s Best Corporate/Institutional Digital Bank Awards in Asia Pacific, Citi swept the winning title across all 17 markets covered by the awards programme. 

Citi was named Best Corporate/Institutional Digital Bank in Australia, Bangladesh, China, Hong Kong, India, Indonesia, Japan, Malaysia, New Zealand, Pakistan, Philippines, Singapore, South Korea, Sri Lanka, Taiwan, Thailand and Vietnam. 

The bank also won six regional sub-category awards, including Best Online Cash Management, Best Trade Finance Services, Best Online Treasury Services, Best in Mobile Banking, Best Mobile Banking App, and Best Open Banking APIs. 

Citi’s Treasury and Trade Solutions launched CitiDirect BE on mobile and table devices in Asia Pacific over the past year. CitiDirect BE is the bank’s award-winning institutional online banking platform. The business also introduced biometric authentication for institutional clients, enabling facial recognition and fingerprint authentication for convenient access to CitiDirect BE. 

Commenting on the wins, Rajesh Mehta, Citi’s Asia Pacific Head of Treasury and Trade Solutions said, “We are delighted that our ongoing efforts to digitize and innovate to serve our clients better have been recognized by Global Finance. We continue to make strategic investments to expand our digital capabilities and fintech partnerships and establish Citi as the financial ecosystem of choice for clients in the digital economy.” 

N. Rajashekaran, Citi Country officer for Citibank, N.A.; Bangladesh said, “As the leading digital bank in Bangladesh, Citi is committed to bringing its range of global innovative solutions to customers.