Citi Earns Top Honors in Global Finance Magazine’s 2011 World’s Best Internet Bank Awards
Citi wins Best Global Internet Bank for the 10th year in a row and sweeps up 17 Asia Pacific awards
Hong Kong - December 5, 2011 – Citi today announced it has been named World’s Best Internet Bank for 2011 by Global Finance magazine. Citi was the recipient of over 90 global, regional and country awards, including 17 awards across Asia Pacific.
Honored with four regional awards, Citi was the first-ever recipient of the Best in Social Media and Best in Mobile Banking awards, both of which were newly introduced categories this year. On a country level, Citi was named the Best Corporate/Institutional Bank in 13 out of 20 Asia Pacific countries and has improved their standing from last year, with recognition in an additional two countries.
"Citi is thrilled to have earned this prestigious recognition by Global Finance," said Sridhar Kanthadai, Regional Head of Treasury and Trade Solutions for Citi’s Global Transaction Services business. "We believe this is a true validation of our industry leadership position in Internet banking and demonstrates our strength in Asia Pacific and as a global organization. Winning these awards is also a reflection of our steadfast commitment to providing our clients with the best technology platforms enabling them to succeed in today’s challenging business environment."
|Best Overall Internet Bank
Best Corporate/Institutional Internet Bank
Best Investment Management Services
Best Online Cash Management Site
Best Web Site Design
Best in Mobile Banking
Best in Social Media for Corporate/Institutional Banking
|Regional Awards & Country Awards:
|Best Corporate/Institutional Bank|
Global Transaction Services, a division of Citi’s Institutional Clients Group, offers integrated cash management, trade, and securities and fund services to multinational corporations, financial institutions and public sector organizations around the world. With a network that spans more than 100 countries, Citigroup’s Global Transaction Services supports over 65,000 clients. As of the third quarter of 2011, it held on average $365 billion in liability balances and $12.5 trillion in assets under custody.
About Global Finance
Global Financ, founded in 1987, has a circulation of 50,050 and readers in 163 countries. Its circulation is audited by BPA. Global Finance’s audience includes chairmen, presidents, CEOs, CFOs, treasurers and other senior financial officers responsible for making investment and strategic decisions at multinational companies and financial institutions. Global Finan also targets the 8,000 international portfolio investors responsible for more than 80% of all global assets under professional management. Its website offers analysis and articles that are the heritage of 22 years of experience in international financial markets, and provides a valuable source of data on 192 countries. Headquartered in New York, with offices in London, Rio de Janeiro and Milan.
Citi, the leading global financial services company, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.
Additional information may be found at www.citigroup.com | Twitter: @CitiGTS | YouTube: www.youtube.com/citi | Blog: http://new.citi.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi