Global Finance names the World’s Best Internet Banks for 2009 at Awards Dinner in New York

NEW YORK - November 5, 2009 – On November 4th, 2009 Global Finance (website: www.gfmag.com) presented its World’s Best Internet Bank Awards at an awards dinner in New York. A full report will appear in the December 2009 issue of Global Finance.

Global Finance’s World Best Internet Bank Awards are based on submissions from banks that wish to be considered. This year, 222 individual banks from around the world entered the competition. Representatives from Infosys Technologies Limited comprised the judging panel. Based on the judges’ evaluations,Global Finance’s editors made the final selections.

Winners were selected based on strength of strategy for attracting and servicing online customers, success in getting clients to use web offerings, growth of online customer base, breadth of products offered, evidence of tangible benefits gained from internet initiatives, and web site design and functionality. Sub-category winners were selected on the basis of relative strength of those products and services.

At the November 4th Awards Dinner, the overall winners for Regional and Global Corporate/Institutional Internet Banks as well as Regional and Global Consumer Internet Banks were announced. Also announced were the overall global sub-category winners. The grand prize of Best Overall Global Internet Bank was presented to Citi.

Global Finance names the World’s Best Internet Banks for 2009

Global Winners

Best Overall Internet Bank - Global Citi
Best Corporate/Institutional Internet Bank - Global Citi
Best Consumer Internet Bank - Global HSBC

Regional Winners: Best Corporate/Institutional Internet Banks

North America Citi
Europe HSBC
Asia/Pacific HSBC
Latin America Banamex/Citi
Central and Eastern Europe Bank Pekao
Middle East/Africa Citi

Regional Winners: Best Consumer Internet Banks

North America Wells Fargo
Europe Garanti Bank
Asia/Pacific Citi
Latin America Banco Santander
Central and Eastern Europe Swedbank
Middle East and Africa HSBC

Global Sub-Category Winners: Best Corporate/Institutional Internet Banks

Best Investment Management Services Citi
Best Online Cash Management Site Citi
Best Trade Finance Services HSBC
Best Web Site Design HSBC
Best Integrated Corporate Bank Site ICBC
Best Information Security Initiatives HSBC

Global Sub-Category Winners: Best Consumer Internet Banks

Best Investment Management Services Bank Hapoalim
Best Bill Payment & Presentment Citi
Best Online Consumer Credit Site HSBC
Best Web Site Design Commonwealth Bank
Best Integrated Consumer Bank Site Banco Santander
Best Information Security Initiatives HSBC
Best Online Deposits Acquisition HSBC


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About Global Finance
Global Finance, 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 Finance 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.

About Citi
Citi, the leading global financial services company, has approximately 200 million customer accounts and does business in more than 140 countries. Through its two operating units, Citicorp and Citi Holdings, 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, transaction services, securities brokerage and wealth management. Additional information may be found at www.citigroup.com or www.citi.com.