Citi Vietnam has been recognized as the Best International Bank in Vietnam at the Euromoney Awards for Excellence 2025, reaffirming its consistent growth, innovation, and leadership in the country’s banking sector.
In its award citation, Euromoney highlighted Citi’s strong performance in environmental, social, and governance (ESG) initiatives. Notable achievements include facilitating Vietnam’s first voluntary carbon credit transaction and signing a memorandum of understanding with the Ministry of Natural Resources and Environment to promote low-emission development.
The magazine also emphasized Citi Vietnam’s comprehensive suite of banking services, which span corporate and investment banking, securities brokerage, and trading.
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A Citi’s logo. Photo courtesy of Citi |
In 2024, for instance, Citi provided a VND onshore loan combined with onshore-offshore FX hedging for a Taiwanese technology client, marking the first transaction of its kind. The deal showcased Citi’s ability to leverage its global network to deliver innovative financial solutions.
On the digital front, Citi Vietnam launched CitiDirect NextGen, a platform that enhances the online banking experience by integrating Big Data technology. Its digital network enables multi-bank 24/7 access to over 230 banks in 49 countries, real-time global transfers via WorldLink, near real-time fund movement across branches, and 24/7 automated funding services. These advances have significantly improved both customer experience and operational efficiency.
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Pham Huu Hai, Citi Vietnam’s Corporate Banking Head. Photo courtest of Citi |
Pham Huu Hai, Citi Vietnam’s Corporate Banking Head, said the award is a testament to the bank’s long-term vision and strategy. “Being named Best International Bank in Vietnam by the Euromoney Awards 2025 affirms our steadfast dedication to supporting Vietnam’s dynamic growth and development through innovative financial solutions, a robust global network, and a deep commitment to our clients’ success,” he said.
“We will remain fully committed to delivering world-class banking services, fostering sustainable economic progress, and contributing positively to the communities we serve,” Hai added. “This prestigious award inspires us to continue raising the bar in excellence, collaboration, and customer-centricity as we drive Vietnam’s financial future forward.”
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The Euromoney Awards for Excellence 2025 was held on July 17, 2025. Photo courtesy of Euromoney |
Citi also earned a record 52 global, regional, and local awards from Euromoney, including Banker of the Year for Citi CEO Jane Fraser.
Founded in 1969, Euromoney is an English-language monthly magazine covering global business and finance. The Euromoney Awards for Excellence is regarded as a leading annual awards program in the banking industry, honoring the top-performing banks and financial professionals worldwide.
Source: Dan Minh – vnexpress