Citi receives Certificate of Merit for contribution to Ho Chi Minh City

Citi Vietnam has supported local efforts to combat the pandemic and its impacts in Ho Chi Minh City. The bank responded effectively through philanthropic means as well as through its core business activities.

“This Certificate of Merit is recognition for the whole team in supporting our clients and communities to overcome the challenges presented by the outbreak of COVID-19,” said Ramachandran A.S., country officer for Citi Vietnam.

Citi receiving the Certificate of Merit for its contributions to Ho Chi Minh City

In Ho Chi Minh City, Citi contributed nearly $50,000 in the form of medical equipment to Thong Nhat Hospital to facilitate the fight against the pandemic. The equipment comprised 14 intensive care unit beds, which helped the hospital increase its capacity to effectively treat patients who were battling the virus and those with other diseases.

Citi Vietnam also contributed an estimated $26,090 in medical equipment to Dong Da District Health Centre in Hanoi to accelerate the rollout of vaccinations.

In 2021, Citi’s Global Community Day activities in Vietnam also focused on acts of kindness and virtual and digital volunteering to address the global issues that resulted from the pandemic and food insecurity.

In Ho Chi Minh City, the bank prepared food trucks for hospitals and quarantine areas to help frontline health workers. Citi also provided nutritious meals together with wheelchairs, medicines, masks, sanitisers, and magazines for nursing homes.

Since the pandemic hit in 2020, Citi supported the Emergency support for COVID-19 disease prevention project in Vietnam with a total budget of $100,000 and provided personal protection equipment to 40 community health stations across 10 suburban districts around Hanoi.

In 2021, Citi received the CSR Award from Amcham Hanoi and the Significant Contribution Award for Covid Relief and Recovery in Vietnam by Amcham Ho Chi Minh City. Both awards recognised the commitment of Citi to assist local communities during such a challenging time.

Citi is a global financial leader in Vietnam. It has been serving local and multinational corporation clients in Vietnam for the last 28 years, offering them a broad range of financial products and services including corporate and investment banking, commercial banking, treasury and trade, markets, and securities services.

Citi has raised close to $6 billion from global capital markets to support the growth aspirations of Vietnamese clients over the last five years.

Citi named among top 50 FIEs in Vietnam Citi was among the winners at the 21st Golden Dragon Awards ceremony that was jointly held by the Ministry of Foreign Affairs and Vietnam Economic Times magazine in Ho Chi Minh City on April 8.

Citi supports Vietnam’s climate action commitment On May 10, the Ministry of Natural Resources and Environment and Citi Vietnam signed an MoU to cooperate in their environmental, social, and governance (ESG) agenda towards the net zero target of the nation.

Citi Vietnam organised several activities for Global Community Day 2022 As part of the Citi Vietnam Community Week, Citi Vietnam organised tree planting events and blood donation programmes in both Hanoi and Ho Chi Minh City from June 10 to June 18.

Citi works towards sustainability and client support in Vietnam Citi global head of Social Finance Jorge Rubio and Citi Asia Pacific head of Sustainability and Corporate Transitions Rapheal Erasmus recently made working visits to Vietnam.

Citi named Best Bank in Asia at Euromoney Awards for Excellence Citi has been honoured as Asia’s Best Bank for 2022 at the Euromoney Awards for Excellence.