Citigroup Named World's Best Internet Bank and Wins 32 Awards in Total by Global Finance Magazine
32 awards for Citigroup and subsidiaries at the country, regional and global levels for consumer and corporate/institutional categories
New York, December 9, 2003 - Citigroup is the world's best Internet bank and the world's best corporate/institutional Internet bank for the second consecutive year according to Global Finance magazine in their December issue. In their fourth annual world's best Internet bank awards, Global Finance also named Citigroup as the best corporate/institutional Internet bank in Latin America, Middle East/Africa and Central and Eastern Europe. Banamex won 11 awards at the country, regional and subcategory levels and Citigroup Handlowy won two awards as best online cash management bank in Poland and Central and Eastern Europe. Citigroup won best consumer Internet bank awards in Guam, Indonesia, Mexico, Singapore and Thailand; best consumer online bill presentment and payment service in Malaysia; and best corporate/institutional Internet bank awards in Argentina, Australia, Bolivia, China, Colombia, Costa Rica, Guatemala, Kenya, Korea, Mexico, Netherlands and Poland.
In total, Citibank won 32 awards at the country, regional and global level based on the breadth of product offerings; success in acquiring and retaining new clients and migrating existing clients to the Web; and use of the Internet to improve business processes, cut costs and deliver other functionality. A judging panel from Deloitte and Touche, IBM Global Services, KPMG Consulting, Logica, MeridianGS and Tata Infotech chose finalists and the editors of Global Finance made the final decisions.
About Citigroup
Citigroup (NYSE: C), the preeminent global financial services company
with some 200 million customer accounts in more than 100 countries,
provides consumers, corporations, governments and institutions with
a broad range of financial products and services, including consumer
banking and credit, corporate and investment banking, insurance, securities
brokerage, and asset management. Major brand names under Citigroup's
trademark red umbrella include Citibank, CitiFinancial, Primerica,
Smith Barney, Banamex, and Travelers Life and Annuity. Additional
information may be found at: www.citigroup.com.
About Citigroup Global Transaction Services
Citigroup® Global Transaction Services is a leading provider of
integrated cash management, trade and securities services for corporations,
financial institutions, intermediaries and governments around the
world. With over $ 92 billion in average liability balances, more
than $ 5 trillion in assets under custody and the largest proprietary
branch network, Citigroup's award-winning operating systems and
Internet-based delivery channels enable clients to manage and monitor
working capital and investments more efficiently, streamline transaction
processing cycles, and re-engineer receivables and payment processes.
Citigroup® Global Transaction Services provides clients with access
to Citigroup's full range of capabilities and solutions along with
an on-the-ground presence and in-depth knowledge of more than 90
local markets. For additional information, see www.transactionservices.citigroup.com.
Citigroup Global Transaction Services is part of Citigroup's global
corporate and investment banking group, which provides complete
financial solutions to corporations, governments and institutional
investors in more than 100 countries. Award-winning businesses include
corporate and investment banking, sales and trading, transaction
services, commercial finance and insurance products. Additional
information can be found at: www.citigroupgcib.com
