Citibank Bahrain has won the “Best Consumer Internet Bank” and the “Best Corporate/Institutional Internet Bank” awards in the first round of Global Finance magazine’s awards for the 2013 Best Internet Banks in the Middle East and Africa.  

Citi’s branches in Egypt, UAE, Kuwait, Lebanon, Jordan, Tunisia, Algeria, and Morocco were named winners in the magazine’s award for “Best Corporate/Institutional Internet Bank” in their respective markets.

Winners were chosen among entries evaluated by a world-class panel of judges at Infosys. Global Finance editors were responsible for the final selection of winners in the first round.

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, and web site design and functionality, said a statement from Global Finance.

Mazin Manna, chief executive officer for Citi Bahrain, said: “We are pleased to receive both awards this year. There is a great amount of effort and time that the team dedicates towards our online banking service and web site functionality.”

Global Finance is an international finance magazine with a circulation in over 163 countries. The magazine covers a wide spectrum of subjects including corporate financing, capital markets, monetary policies, banking operations and risk management. - TradeArabia News Service