Dhaka, Bangladesh (BBN) – Citi has been named the region’s best cash management bank in the Asiamoney 2008 Cash Management Poll.

In the client voted survey, Citi won both regional awards, named by respondents as the Best Cash Management Bank for Corporates and the Best Cash Management Bank for Financial Institutions, a Citi press statement said in the capital, Dhaka on Saturday.

This year marks the first time that Citi has swept both regional cash management awards in the Asiamoney Cash Management Poll.

The 2008 poll included over 2,200 corporates and 350 financial institutions. From the corporate space, votes were cast by senior treasury officials from listed companies, multinationals, small medium enterprises and unlisted firms. Individuals responsible for cash management and correspondent banking were polled for the financial institutions survey.

“These rankings and customer testimonial are additional evidence that our global reach, comprehensive portfolio of solutions, innovative technology and superior service quality are recognized and appreciated in the marketplace,” said Parvez Murshed, Global Transaction Services Head for Citi Bangladesh.

BBN/SI/SS/AD-04October08-10:36 PM (BST)