Citibank Korea headquarters in Seoul / Courtesy of Citibank Korea

Citi was recently named best Asia-Pacific bond house by both publications IFR Asia and Finance Asia in their annual awards for 2024, with the bank also picking up the titles for best equity and equity-linked adviser for Asia-Pacific from business news outlet The Asset, Citibank Korea said Monday.

"This recognition is a testament to the teams' focus on supporting Citi's clients to deliver the best possible solutions for them. I would also like to thank clients for the trust they place in our network and advice on their key business decisions," Jan Metzger, head of Asia-Pacific investment banking for Citi, said.

The awards, decided by the editors and teams at the magazines, recognize the bank that was best at supporting clients and leading and managing key debt and equity capital market transactions over the last 12 months across the region.

In the editorial write-up announcing the awards in February, IFR Asia wrote: "Citigroup stood out for its ability to meet a variety of issuer needs and push for successful execution of sometimes challenging deals," later adding, "Citigroup was the clear leader for its geographical reach, broad distribution and ability to execute deals across the credit spectrum."

Citi helped raise more than $250 billion from global equity and debt markets for Asian clients throughout 2024, according to Dealogic data. This included more than $35 billion in financing raised for Korean clients.

Citi was also named South Korea's Best Bank for Sustainable Finance, Best Corporate and Institutional Adviser, Best Equity Adviser and Best Bond Adviser in 2024 by The Asset.