Citibank Hungary Named Best Foreign Bank and Best Investment Bank in Hungary by EMEA Finance

In 2011, we celebrated the 25th anniversary of our presence, ingenuity and leadership in Hungary, and we are also very excited about 2012, which marks the 200th anniversary of Citi serving our clients and the community around the globe. Citibank Hungary was recently named Best Investment Bank in Hungary for the fourth year in a row, as well as the Best Foreign Bank in Hungary by EMEA Finance Magazine as part of their annual financial institution ranking, the Europe Banking Awards 2011.

EMEA Finance is a bimonthly publication dedicated to reporting major financial events and happenings in the financial industry across Europe, the Middle East, and Africa. EMEA Finance's Europe Banking Awards honor the leading commercial and investment banks in Europe, the Commonwealth of Independent States and Russia for their leadership in their home markets, and performance both in individual countries and across the region. The awards consider various performance and structural factors, such as market share, growth in important product classes, profitability and corporate strategy.

Citibank Hungary rests on solid foundations. In 2011 we achieved a strong year-on-year top line growth and positive operating leverage, managed our expense base, risks and liquidity successfully and participated in a number of landmark investment banking transactions for our key corporate clients in the business and public sector supporting them in achieving their financial goals. We are very honored and pleased to have our 2011 outstanding performance recognized by the prestigious EMEA Finance magazine.