Page 37 - BANKING FINANCE November 2018
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A









           IN THE ARENA




           OF BUSINESS




           BANKING




           GOING GLOBAL














                  o  as  er latest assess ent Citi  ri ate  ank  C       e  lo al  rena   inan ial  n er e ia
                   as  na ed   est   ri ate   ank   or  Custo er   ion     n erna ional  ank
                  Ser ices and  est  lo al  rand in  ri ate  anking
                                                                inancial inter ediation at the international le el in ol es
                  C    as highl  co  ended  or  est  ri ate  ank
                   or      clients  Citi has  een one o  the leading  inter ediation si ilar to the ho e countr  s range o   ank
            anks in utilising custo er  eed ack   ainl  through its  and non  ank  inancial inter ediaries   he international
             oice o  the client  sur e    ut also through its high s eed   inancial inter ediation  rocess is essentiall  a rec cling
           digitisation  roject   here co  laints  ro  clients  ere   rocess and on a glo al  asis one countr  s sur lus is e ual
           sought and acted on at e er  stage o  digital de elo  ent   to  another  countr  s  de icit    nternational   anking
                                                               inter ediates  orld  inancial i  alances and  aturit
            he  lo al  ri ate  anking   ards  held in  ondon last   re erences
            eek  no  in its  th  ear  is  ir l  esta lished as the  orld s
            ost  restigious  ri ate  anking e ent  ith o er      anks   ccording to Dani le  ou   Chair erson o  the Su er isor
           entering  ro  countries around the  orld             oard  o  the  uro ean Central  ank     lo al  inancial
                                                               institutions  acilitate trade and in est ent  create ne
                                                               sources o   unding  or the econo   and i  ro e ca ital

                                                               allocation across nations
                          Dr     Muk o a   a
                                                               Clearl    the  glo al   anking  s ste   is  a  net ork  o
                                e   Ma a e e          i     a
                             e  a i  a   C   e  a            i   interconnected nodes each de icting a s eci ic location
                           e    a          i     ai    a           nternational  anking is the  rocess in  hich  inancial
                           e       C      i e  i               institutions  render  their  ser ices  to   oreign  clients
                            i   a     ia
                                                                nternational  anking in ol es the transactions relating to

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