Citi best bank for corporate responsibility in Asia

Citi was named best bank for corporate responsibility in Asia by Euromoney in their recent annual awards.

Citi said the editorial award recognises a bank’s commitment to fostering diversity and inclusion; reducing the environmental impact of operations; promoting workforce development and social mobility; and innovative and effective initiatives to strengthen local communities in which banks are domiciled.

Peter Babej, Citi Asia Pacific CEO, said: “Citi is committed to building a more diverse, inclusive and sustainable future. This award is excellent recognition of everything we do to support our clients and communities to generate positive change.”

In a statement issued on Friday, the bank said the award recognised its important work in these areas over the last year.

In September 2020, Citi Asia Pacific and the Citi Foundation committed US$35mil in philanthropic investments to advance economic opportunities and employability for youth from low-income and underserved communities in the region by 2023.

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