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.

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