Global Finance names the World’s Best Internet Banks in Latin America 2011


NEW YORK, July 22, 2011 – Global Finance has announced the First Round winners in the “World’s Best Internet Banks” competition in Latin America. This is the 12th year Global Finance has named the World’s Best Internet Banks. Details on all First Round winners will be published in the September issue. First Round winners include Best Corporate/Institutional Internet Banks and Best Consumer Internet Banks at the country level. The Regional and Global winners for these categories will be announced at an Awards Ceremony in New York City in November and published in the December issue of Global Finance. Also announced were Regional winners in Sub-Categories. Global winners in the Sub-Categories will also be announced at the Awards Ceremony and in the December issue. The list of First Round winners follows.

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.

Only banks that entered the competition were considered for awards, and awards were only given in those regions, countries and categories in which there were entries.

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. Category winners, such as “best online cash management” were selected based on the relative strength and success of those web products and services.

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

For Awards Dinner ticket information please contact: Chris Giarraputo,

For editorial information please contact: Andrea Fiano, Editor,

COUNTRY WINNERS: Best Consumer Internet Banks
Anguilla Scotiabank
Antigua & Barbuda Scotiabank
Argentina Santander Rio
Bahamas Scotiabank
Barbados Scotiabank
Belize Scotiabank
Brazil Banco Bradesco
British Virgin Islands Scotiabank
Cayman Islands Scotiabank
Chile Banco Santander
Colombia Bancolombia
Dominica Scotiabank
Dominican Republic Scotiabank
Grenada Scotiabank
Guatemala Banco Agromercantil de Guatemala
Guyana Scotiabank
Jamaica Scotiabank
Mexico HSBC
Puerto Rico Scotiabank
St. Kitts & Nevis Scotiabank
St Lucia Scotiabank
St. Maarten Scotiabank
St. Vincent & the Grenadines Scotiabank
Trinidad & Tobago Scotiabank
Turks and Caicos Scotiabank
US Virgin Islands Scotiabank
Venezuela BBVA Banco Provincial

COUNTRY WINNERS: Best Corporate/Institutional Internet Banks
Anguilla Scotiabank
Antigua & Barbuda Scotiabank
Argentina Citi
Brazil Citi
British Virgin Islands Scotiabank
Cayman Islands Scotiabank
Chile Corpbanca Chile
Colombia Citi
Costa Rica Citi
Dominica Scotiabank
Dominican Republic Citi
Ecuador Citi
El Salvador Citi
Grenada Scotiabank
Guatemala Citi
Guyana Scotiabank
Haiti Citi
Honduras Citi
Jamaica Citi
Mexico Banamex
Panama Citi
Paraguay Citi
Peru Citi
Puerto Rico BBVA
St Kitts & Nevis Scotiabank
St Lucia Scotiabank
St. Maarten Scotiabank
St Vincent & the Grenadine Scotiabank
Trinidad & Tobago Citi
Uruguay Citi
Venezuela Citi

Best Online Deposit, Credit and Investment Product Offerings Banco Santander Rio
Best Bill Payment & Presentment Banco Popular
Best Web Site Design HSBC
Best Integrated Consumer Bank Site Banco Santander Rio
Best Information Security Initiatives HSBC
Best in Mobile Banking Banco Santander Chile
Best in Social Media Grupo Bancolombia

REGIONAL SUB-CATEGORY WINNERS: Best Corporate/Institutional Internet Banks
Best Investment Management Services Citi
Best Online Cash Management Citi
Best Trade Finance Services Banamex
Best Web Site Design Citi
Best Integrated Corporate Bank Site Banamex
Best Information Security Initiatives Citi
Best in Mobile Banking Citi
Best in Social Media Citi