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Citibank Hungary named winner for the fifth time in Global Finance Magazine's Awards for "World's Best Internet Banks 2010"
 

Awards covered Citi's services in Hungary, Czech Republic, Romania, Slovakia, Bulgaria, Ukraine and Russia

 
5th August, 2010

Citibank Hungary today announced that for the fifth consecutive year it has been named 'Best Consumer Internet Bank' and 'Best Corporate/Institutional Internet Bank' in the Global Finance Magazine awards for 'World's Best Internet Banks 2010'. Citi won prestigious awards in six other CEE countries, including the Czech Republic, Romania, Slovakia, Bulgaria, Ukraine and Russia. Together with the CEE countries Citi's internet banking services have been awarded in 74 countries around the world.

In addition Citi was also awarded, Best Information Security, Best Website Design, Best Trade Finance and Best Online Cash Management award categories in Central and Eastern Europe.

Batara Sianturi, Citi Country Officer for Citibank Hungary said, "Global Finance awards speak volumes about Citi's state-of-the-art platform and advanced internet capabilities. We are delighted that our efforts to increase the service level, security and design of our internet banking platform for our customers in Hungary and in the region have been recognized by such a high-profile global publication as Global Finance. I would like to thank the professionals who work with great determination and skill which enables Citi to meet the needs of our diverse customer base with innovative solutions."

Global Finance is a monthly international finance magazine 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 for awards such as 'Worlds Best Internet Bank'. These honors have become a recognized and trusted standard of excellence. According to Global Finance this year's 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, website design and functionality.

Global winners will be announced and honored during an award ceremony in New York in November 2010.

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