Citi has executed its first stock loan transaction in Romanian securities through its Agency Securities Lending business. This milestone follows previous successful launches of securities lending in a number of emerging markets.
“We are pleased to have pioneered our first securities lending transaction in Romania, which is a key development in an emerging market with great potential,” said Alin Duhnea, Senior Product Manager at Citi. “The strength of our Securities Services business is our ability to deliver local expertise and innovation to our global clients. Our in-depth understanding of the market, close relationships with local regulators and market infrastructures, and client focus are the foundation of Citi’s leading position in Romania.”
Citi Executes First Securities Lending Transaction in Romanian Securities
Citi has executed its first stock loan transaction in Romanian securities through its Agency Securities Lending business. This milestone follows previous successful launches of securities lending in a number of emerging markets further highlighting Citi s strength in this sector. We are pleased to have pioneered our first securities lending transaction in Romania, which is a key development in an emerging market with great potential, said Alin Duhnea, Senior Product Manager at Citi. The strength of our Securities Services business is our ability to deliver local expertise and innovation to our global clients. Our in-depth understanding of the market, close relationships with local regulators and market infrastructures, and client focus are the foundation of Citi s leading position in Romania.