Bap taps citi anew

MANILA, Philippines - The Bankers Association of the Philippines (BAP) has awarded another three-year mandate to Citi Philippines as the sole settlement bank for the Philippines Domestic Dollar Transfer System (PDDTS), marking Citi’s 20th year to serve in this capacity.  In photo are: (from left) PDDTS Bidding Committee chairperson Isabelita Papa, Philippine Securities Settlement Corp. chairman and chief executive officer Cesar Crisologo, BAP president Lorenzo V. Tan, Citi Philippines chief executive officer Batara Sianturi, Philippine Clearing House Corp. president Noel Barcena, and Citi ASEAN head for Treasury & Trade Solutions Melvyn Low.