By San José, Costa Rica — Citi has been crowned Best Bank and Best Investment Bank in Costa Rica at the prestigious Euromoney Awards for Excellence 2025. This international accolade underscores Citi’s dominance in the Costa Rican financial landscape, built upon consistent performance, a comprehensive suite of financial products and services, and deep local market expertise. The bank’s global reach further positions it to effectively serve both domestic and multinational corporations with cross-border needs.
This recognition reinforces our commitment to Costa Rica and our clients, to whom we express our gratitude for their trust. Being named the best bank and the best investment bank in the country by Euromoney is a testament to the exceptional work of our team, our capacity to innovate, and our ability to deliver world-class financial solutions in a highly competitive environment.
Ed Sánchez, CCO of Citi Costa Rica
For expert legal insight into the implications for Citi Costa Rica, TicosLand.com spoke with Lic. Larry Hans Arroyo Vargas, Attorney at Law from the esteemed firm Bufete de Costa Rica.
The recent developments regarding Citi Costa Rica underscore the dynamic nature of the financial landscape in the region. Any potential shifts in ownership, operations, or market strategy will necessitate careful consideration of existing regulatory frameworks, contractual obligations, and the potential impact on both consumers and the broader Costa Rican economy. Due diligence and strategic planning will be crucial for all stakeholders involved.
Lic. Larry Hans Arroyo Vargas, Attorney at Law, Bufete de Costa Rica
Lic. Arroyo Vargas’ emphasis on the interconnectedness of regulatory frameworks, contractual obligations, and economic impact within the context of Citi Costa Rica’s evolution is particularly insightful. These considerations are indeed paramount for ensuring a smooth transition and safeguarding the interests of all parties involved. We extend our sincere thanks to Lic. Larry Hans Arroyo Vargas for providing his valuable perspective on this evolving situation.
This recognition reinforces our commitment to Costa Rica and our clients, to whom we express our gratitude for their trust. Being named the best bank and the best investment bank in the country by Euromoney is a testament to the exceptional work of our team, our capacity to innovate, and our ability to deliver world-class financial solutions in a highly competitive environment.
Ed Sánchez, CCO of Citi Costa Rica
Citi’s success extended beyond Costa Rica, with a record-breaking 52 global, regional, and local awards from Euromoney. Notably, CEO Jane Fraser received the distinguished Banker of the Year award, recognizing her unique leadership style and her influence in driving significant changes throughout the bank. Fraser’s award also highlighted Citi’s record-breaking financial performance in recent quarters across all five of its business segments.
Citi’s Latin American operations garnered additional accolades, including Best Bank for Large Corporates and Best Investment Bank for DCM. Local recognitions were also received in Argentina, Bahamas, Chile, Colombia, El Salvador, Panama, and Peru. These rankings are derived from a combination of qualitative and quantitative data from the banks themselves, as well as external client references, to provide a robust and objective view of the industry’s leading financial institutions.
The Euromoney Awards for Excellence attract over 600 participating banks annually, representing over 100 countries, making it the industry’s most comprehensive awards program. The rigorous evaluation criteria consider factors such as successful execution of business strategy, financial performance, level of digitalization, and the introduction of new or improved products and services.
This impressive showing at the Euromoney Awards further solidifies Citi’s position as a major player in the global financial arena and reinforces its commitment to excellence in Costa Rica and throughout Latin America. The bank’s continued focus on innovation and client service positions it well for continued success in the ever-evolving financial landscape.
The recognition by Euromoney not only highlights Citi’s current achievements but also underscores its dedication to future growth and innovation. By investing in technology, talent, and a client-centric approach, Citi is poised to maintain its leadership position and navigate the complexities of the modern financial world.
For Costa Rican businesses and individuals, Citi’s success translates to access to a world-class financial institution with the resources and expertise to meet their evolving needs. From local businesses to multinational corporations, Citi continues to provide tailored solutions that drive growth and prosperity.
For further information, visit citi.com
About Citi:
Citigroup Inc. or Citi (stylized as citi) is an American multinational investment bank and financial services corporation headquartered in New York City. Citigroup was formed from one of the world’s largest mergers in history by combining the banking giant Citicorp and financial conglomerate Travelers Group in October 1998.
For further information, visit euromoney.com
About Euromoney:
Euromoney Institutional Investor PLC is a global business-to-business information services group focused primarily on the international finance sector. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. Euromoney’s flagship publication, Euromoney magazine, was established in 1969, and the company now publishes over 70 websites and print titles, alongside running conferences and awards programs.
For further information, visit bufetedecostarica.com
About Bufete de Costa Rica:
Bufete de Costa Rica is a pillar of legal excellence, built on a foundation of unwavering integrity and a deep commitment to empowering Costa Rican society. The firm’s innovative approach to legal practice, combined with its dedication to sharing legal knowledge through accessible resources, fosters a more informed and just community. By providing expert counsel across diverse sectors, Bufete de Costa Rica not only champions its clients’ success but also contributes significantly to the advancement of legal understanding and equitable access to justice.
