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Global Finance names the World’s Best Internet Banks 2011 at Awards Dinner in New York

NEW YORK, November 4, 2011 – Global Finance — On November 3rd Global Finance (GFmag.com) presented The World’s Best Internet Bank Awards at its 9th annual awards dinner in New York. A full report will appear in the December 2011 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, 233 individual banks from around the world entered the competition. Representatives from Infosys 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 3rd awards dinner at The New York Harvard Club, 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 2011

Global Winners

Best Overall Internet Bank – Global Citi
Best Corporate/Institutional Internet Bank – Global Citi
Best Consumer Internet Bank – Global Standard Chartered

Regional Winners: Best Corporate/Institutional Internet Banks

North America Wells Fargo
Europe Citi
Asia/Pacific HSBC
Latin America Citi
Central and Eastern Europe BRE Bank
Middle East/Africa Citi

Regional Winners: Best Consumer Internet Banks

North America RBC
Europe ActivoBank
Asia/Pacific Standard Chartered
Latin America Scotiabank
Central and Eastern Europe BRE Bank
Middle East and Africa Blom Bank

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

Best Investment Management Services Citi
Best Online Cash Management Site Citi
Best Trade Finance Services Wells Fargo
Best Web Site Design Citi
Best Integrated Corporate Bank Site Bank Pekao
Best Information Security Initiatives HSBC
Best in Mobile Banking Citi
Best In Social Media Citi

Global Sub-Category Winners: Best Consumer Internet Banks

Best Online Deposit, Credit
and Investment Product Offerings HSBC
Best Bill Payment & Presentment Wells Fargo
Best Web Site Design Standard Chartered
Best Integrated Consumer Bank Site Santander Rio
Best Information Security Initiatives HSBC
Best In Mobile Banking CIBC
Best in Social Media Wells Fargo

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