Citibank Romania won the prizes for “Best Corporate/ Institutional Internet Bank” and “Best Consumer Internet Bank” in Romania in Global Finance magazine’s “World’s Best Internet Banks 2011” competition. This is the seventh consecutive year when Citibank Romania is being awarded Global Finance banking prizes.

After a selection process among entries made by an independent panel of judges and the final selection made by Global Finance editors, Citi won a total of 56 awards across Europe, Middle East and Africa (EMEA).

“In less than a decade, the Internet has transformed the way many consumers and most businesses bank. The continuing improvements in Internet offerings represented by this year’s entries show that more significant Internet banking developments are still ahead of us”, Joseph D. Giarraputo, Publisher of Global Finance, said.

The winners were chosen based on their strength 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 design functionality.

“This year’s result in Global Finance competition is once again a gratifying recognition of Citibank’s culture of innovation. Our continued focus on client service and the investment in technology and best-in-class systems enable us to design innovative solutions that meet our customers’ evolving banking needs”, Tibor Pandi, General Manager of Citibank Romania, said.

Citi, the leading global financial services company, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.

Citi has been present in Romania since 1996 and provides high-quality financial products and services to national and international companies, small and middle enterprises, the public sector, non-profit organizations and individuals.