Over 1,000 clients across the region were polled by the magazine and Citigroup has picked up a number of key awards, underlining its reputation as the region's leading foreign exchange provider, says a press release.

Citigroup was voted the number one overall for FX services for corporate in Asia Pacific region (excluding Japan). The bank also picked up the award for best macroeconomic research for financial institutions in Asia.

In the editorial write up, Asiamoney said: "According to a financial controller in China it is Citigroup's fast and flexible response and service that gives it the edge over its competitors. No one could argue that Citigroup's regional title is well deserved, considering that Citigroup was voted best foreign provider for overall FX services in eight of the 13 countries covered in Asiamoney's poll."