Citigroup's Asian Internet Services Pick Up Key Awards From Global Finance Magazine
Hong Kong — Global Finance magazine, one of the world's leading finance magazines, has chosen Citigroup as Asia's best online cash management site for 2006. The award was decided by the editors of Global Finance with input from a panel of judges consisting of representatives from Tata Consultancy Services. Banks were selected on the strength of their strategy for attracting and servicing online customers, the success in getting clients to use web offerings, the breadth and depth of services and tangible benefits gained from internet initiatives acc ording to Global Finance magazine.
"The internet is central to Citigroup's strategy. We have invested heavily in technology to help provide innovative solutions to our clients to meet their ever evolving needs. I am extremely proud that our internet offerings have been recognized by Global Finance magazine. This award is testament to the hard work and dedication of staff across the region to serve our clients. I would also like to thank our clients. This award would not be possible without their trust and support,' said Anthony Nappi, head of Global Transaction Services for Asia Pacific at Citigroup.
Citigroup also picked up best corporate/institutional internet bank for eight countries in the region. Citigroup was awarded the title in Australia, China, Hong Kong, Indonesia, Korea, Pakistan, Singapore and Thailand.
The winners of the awards will be honoured at an awards ceremony in New York in November and published in the December edition of Global Finance magazine.
Citigroup (NYSE: C), the leading global financial services company has some 200 million customer accounts and does business in more than 100 countries, providing 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, and wealth management. Major brand names under Citigroup's trademark red umbrella include Citibank, CitiFinancial, Primerica, Smith Barney and Banamex. Additional information may be found at www.citigroup.com
Citigroup Corporate and Investment Banking
Our Corporate and Investment Banking group achieves the extraordinary for our clients around the world. No financial institution is more committed to understanding and advancing the goals of its clients – our diverse and talented staff in some 100 countries advises companies, governments, and institutional investors on the best way to realize their strategic objectives. We create solutions for and provide the broadest possible capital and market access to thousands of issuer and investor clients, and no institution better executes the increasingly complex payment and cash management solutions required in today's global economy. Core business lines under Citigroup Corporate and Investment Banking include Global Capital Markets, Global Banking and Global Transaction Services.