Global Finance names the World’s Best Internet Banks 2010 at Awards Dinner in New York

NEW YORK, November 3, 2010

On November 2nd Global Finance ( presented its World’s Best Internet Bank Awards at its 8th annual awards dinner in New York. A full report will appear in the December 2010 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, 247 individual banks from around the world entered the competition. Representatives from Infosys Technologies Limited 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 2nd 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.

Best Overall Internet Bank Global Citi
Best Corporate/Institutional Internet Bank Global Citi
Best Consumer Internet Bank – Global HSBC
North America Wells Fargo
Europe Citi
Asia/Pacific Standard Chartered
Latin America Citi
Central and Eastern Europe BRE Bank
Middle East/Africa Standard Chartered
North America Wells Fargo
Europe HSBC
Asia/Pacific Standard Chartered
Latin America Banco Santander
Central and Eastern Europe Citi
Middle East and Africa Samba Financial Group
Best Investment Management Services HSBC
Best Online Cash Management Site Citi
Best Trade Finance Services Standard Chartered
Best Web Site Design Citi
Best Integrated Corporate Bank Site Standard Chartered
Best Information Security Initiatives HSBC
Best Investment Management Services Standard Chartered
Best Bill Payment & Presentment Banco Popular Puerto Rico
Best Online Consumer Credit Site Banco Santander
Best Web Site Design Standard Chartered
Best Integrated Consumer Bank Site Standard Chartered
Best Information Security Initiatives HSBC
Best Online Deposits Acquisition Wells Fargo