Dhaka, Bangladesh (BBN)- Citi Asia Pacific was a big winner in this year's Global Finance magazine's annual World's Best Internet Banks competition, hauling a total of 26 awards across the corporate/ institutional and consumer banks categories.
For the 5th consecutive year, Citibank, N.A. has been adjudged as the "Best Corporate/Institutional Internet Bank in Bangladesh" in this prestigious competition.
Citi has won this award on the merit of superior electronic banking solutions, along with the highest success rate in increasing usage of its facilities. The consistent performance indicates Citi's contribution to the IT sector of Bangladesh, especially in promoting Electronic Fund Transfers.
Managing Director and Citi Country Officer for Bangladesh, Rashed Maqsood said, "Internet banking has transformed the way most businesses operate, and five consecutive Best Internet Bank awards signifies Citi's stronghold in this crucial segment. Citi is paving the way for more significant developments and will continue to serve its patrons by being the first to introduce those to the Bangladesh market."
In the category of best corporate/institutional internet bank, Citi won in 15 out of 16 Asian markets. At the regional level, Citi was named Best Trade Finance Services, Best in Mobile Banking and Best Web Site Design as well.
BBN/SSR/AD-24Aug12-1:09 pm(BST)