Citigroup Inc. (NYSE: C)
December 30, 2008
Citi Named Best Overall Internet Bank & Best Corporate/Institutional Internet Bank Globally by Global Finance
New York – Citi today announced it has been ranked the Best Overall Internet Bank and Best Corporate/Institutional Internet Bank Globally by Global Finance at its World's Best Internet Bank Awards Dinner held in New York. Citi was also named the global winner for Best Information Security Initiatives, Best Online Cash Management Site and Best Investment Management Services.
Global Finance's World's Best Internet Bank Awards are based on submissions from banks that wish to be considered. This year's competition drew entries from 207 banks from around the world. Winners were determined based on evaluations conducted by a judging panel and selected by Global Finance's editors. Selection criteria included 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 form internet initiatives, and web site design and functionality. Sub-category winners were selected on the basis of relative strength of those products and services.