It now offers clients with global centers for liquidity management across six money centers, including New York, London, Amsterdam, Singapore, Hong Kong, and Tokyo.
Compared to other bank branch network, clients using Citi can optimize end-of-day liquidity without loss of value or the limitations of associate bank networks or multi-bank concentration.
Citi treasury and trade solutions liquidity management services EMEA head Amit Agarwal said that Netherlands has been a favorite destination for companies of developed and emerging markets, who have set up their treasury center.
"The introduction of SEPA will also have a positive impact on centralization, with likely consequent further growth in the Netherlands as a liquidity hub," Agarwal added.
Citi’s assortment of cash optimization capabilities include multi-entity and multi-currency notional pooling, enables clients to optimize internal liquidity without commingling cash between subsidiaries or executing FX transactions or alter FX exposures.
Serving some 200 million customer accounts and trading in over 160 nations and regions, Citi offers consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management services to consumers, corporations, and governments.
