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Citi named winner for the eighth year in Hungary in Global Finance Magazine’s “World’s Best Internet Banks 2013” Competition

Aug 14, 2013

Citi has once again won the honor of being the “Best Corporate/Institutional Internet Bank” in Hungary, for the eighth year in a row, and the “Best Consumer Internet Bank” in Hungary, for the fifth time from Global Finance magazine in its “World’s Best Internet Banks 2013” award program. Citi won prestigious awards in seven other countries in Central and Eastern Europe (CEE), including the Czech Republic, Slovakia, Romania, Bulgaria, Ukraine, Poland and Russia. Together with the CEE countries Citi’s internet banking services have received 86 country awards in 76 countries around the world this year, and 31 regional sub-category awards in six regions.

In addition, Citi is a regional winner in the CEE in the Best Online Deposit, Credit and Investment Product Offerings, Best Investment Management Services, Best Online Cash Management, Best Trade Finance Services, Best Web Site Design, Best Information Security Initiatives and Best in Social Media award sub-categories.

Aftab Ahmed, Citi Country Officer for Citi Hungary said, “Winning these distinguished awards is again an acknowledgement of Citi’s culture of innovation, further encouraging us to continue to focus on client service and to invest in technology and best-in-class delivery systems.”

Global Finance is a monthly international finance magazine founded in 1987 with a circulation of 50,000 readers in 163 countries. It covers a wide spectrum of subjects which include corporate finance, capital markets, monetary policies, banking operations and risk management. Each year Global Finance selects the best financial institutions around the world. These awards have become a recognized and trusted standard of excellence.

After an evaluation process among entries made by a world-class panel of judges, the final selection was made by editors of Global Finance Magazine, one of the world’s leading global financial markets publications. Winning banks were selected based on the following criteria: strength of strategy for attracting and servicing online customers, success in getting clients to use web offerings, growth of online customers, breadth of product offerings, evidence of tangible benefits gained from Internet initiatives, and web site design and functionality. Category winners, such as “best in social media” were selected based on the relative strength and success of those web products and services.

The Regional and Global winners for these categories will be announced at an Awards Ceremony in New York City in November and published in the December issue of Global Finance. The full lists of prizes and winners by region are available on www.gfmag.com.

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