Citibank 2011 Annual Report Download - page 19

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• Launched CitiDirect BESM Mobile,
a mobile browser-based treasury
management application that allows
clients to receive notifications and
authorize payments using their
mobile phones.
• Launched Citi® Cash to Mobile in
South Korea, India and Poland to
enable corporate clients to pay
their invoices directly through
mobile devices.
• Expanded Direct Custody and
Clearing services to 61 markets
globally with new offerings in South
Africa, Panama and Kuwait.
• Expanded Citi® Commercial Cards
business, making cards available
now in over 100 countries, including
64 where a local currency program
is available.
• Expanded private equity and real
estate administration services with an
extension of the end-to-end portfolio
administration capability.
• Launched a specialized Citi® Supplier
Finance web-based platform that
tracks and reports receivables and
facilitates communication between
buyers and sellers for 14 countries
in Latin America.
• Through our Export Agency Finance
unit, Citi successfully raised over
$1.7 billion in financing, partially
guaranteed by the U.S. Department
of Energy for the Desert Sunlight
project in California — one of the
world’s largest solar energy facilities.
• GTS was recognized with more than
800 industry awards and rankings,
including: Best Global Transaction
Bank by Euromoney and The Banker
and Best in Securities Lending by
Financial-i. Clients voted GTS the #1
Global Cash Management Provider
and Global Trade Finance Bank in
Euromoney polls.
2011 Highlights
As a partner to corporations, financial
institutions and governments as they
expand their operational footprint and
supply chains around the globe, GTS is
the backbone of Citi’s global franchise.