Citi Handlowy’s ability to deliver best-in-class products despite a slowdown in activity has earned the bank the SRP ‘Best Distributor’ and ‘Best Performance’ in Poland, which were presented on SRP's 16th Structured Products & Derivatives Conference on February 6 in London.
“We tried to deliver products taking into account that the local equity market didn’t perform well so we focused on known European indices,” says Piotr Bulkowski ( pictured ), head of investment products and treasury sales at Citi. Although product issuance dropped by 22% in 2018, “in the second half of the year, customers started looking for capital protected products paying regular coupons in Polish zloty and US dollar, and we were able to offer them such products.&rdq
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