VIA GRAPHIC PLUS — Citi highlighted the firm’s business momentum, transformation progress, and continued commitment to clients during a recent media roundtable discussion led by Paul Favila, Citi Philippines Chief Executive Officer and Banking Head, together with Manish Bajaj, Head of Corporate Banking, and Wilmer Bautista, Head of Markets.
Citi’s leadership in the Philippines shared perspectives on Citi’s performance, opportunities across its businesses, and the importance of the Philippines within Citi’s global network.
For nearly 125 years, Citi has supported clients in both the public and private sectors in the Philippines, partnering with them through periods of economic transformation, expansion, and innovation. The bank reiterated its commitment to helping clients grow and connecting them to opportunities across international markets.
Citi recently hosted a Philippine investor roundtable at its headquarters in New York City with Finance Secretary Frederick Go, National Treasurer Sharon Almanza, Bangko Sentral ng Pilipinas Deputy Governor Zeno Abenoja, Philippine Consul General Senen Mangalile, and other senior officials, on the country’s economic outlook and investment opportunities.
Citi also received recognition by Euromoney as the Philippines’ Best Digital Bank for Large Corporates, underscoring its continued investments in technology, digital capabilities, and client solutions.
Globally, Citi’s 2026 Investor Day showcased the progress the firm has made in simplifying and modernizing the organization, strengthening execution, and deepening connectivity across its businesses. Citi recently reported its strongest quarterly revenue performance in a decade and outlined a clear path toward stronger and more sustainable returns. The firm noted that its global network and interconnected businesses are generating increasingly higher-quality revenues while creating greater value for clients around the world.
“The progress Citi is delivering today reflects years of purposeful investment and consistent execution,” said Favila. “That momentum is reflected in our second quarter results, which marked Citi’s best quarterly revenue in a decade, with revenues up 14% and double-digit growth across the firm and four of Citi’s five core businesses. We’ve built stronger capabilities, deepened our client relationships, and are seeing the impact of those efforts in the momentum across our franchise. Leveraging the strength of our global network and institutional banking platform, we remain committed to delivering value for our clients and supporting the Philippines’ continued growth and development.”
