Citi Asia Pacific wins World’s Best Internet Banks award for this year, an annual reward by Global Finance magazine.

The bank hauls a total of 26 awards in the competition under corporate, institutional and consumer banks categories, said a press release.

Citibank, NA has been judged as the “Best Corporate, Institutional Internet Bank in Bangladesh” for the 5th consecutive year.

Citi has won the award on the merit of superior electronic banking solutions, 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.

Rashed Maqsood, Managing Director and Citi Country Officer for Bangladesh said, “Internet banking has transformed the way of most businesses operations”.

“Five consecutive Best Internet Bank awards signifies Citi’s stronghold in this crucial segment and the bank is paving the way for significant developments to serve its customers by

introducing the technology in the Bangladesh market,” he added.

News: Daily Sun/Bangladesh/24-Aug-12