Citi Kazakhstan today announced that it has won the Global Finance Best Corporate/Institutional Internet Bank Award 2008 in 68 countries around the world, including in Bulgaria, Czech Republic, Hungary, Poland, Romania, Russia, Slovakia, Ukraine, and Kazakhstan.

This represent a clean sweep across the Central and Eastern European countries where Citi has a presence. Cit has also earned new awards in Poland and Kazahkstan.

In addition Citi won Best Online Cash Management Site a across all regions globally, a tremendous acheivement.

Citi also won several regional awards including Best Investment Management Services Site in North America, Latin America, and Europe; Best Trade Finance Services Site in North America and Latin America; Best Integrated Corporate Bank Site in Latin America; Best Information Security Services in North America and Latin America, bringing Citi’s total awards to 82.

Saule Zhakayeva, Head of Global Transactions Service in Kazakhstan said, “Citi Kazakhstan is delighted to be recognised by Global Finance and feel this is demonstrative of our state of the art platform and advanced internet capabilities. As a leader and innovator in global banking and online treasury management services, Citi has been at the forefront of developing integrated online corporate and institutional banking services and Web-based treasury management solutions to meet our clients’ growing demands for integration, efficiency and control – locally, regionally, and globally.”

Winning banks were selected based on the following criteria: strength of strategy for attracting and servicing online customers, success in getting clients to use web offerings, growth of online customers, breadth of product offerings, evidence of tangible benefits gained from Internet initiatives, and web site design and functionality.

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