Author: Dan Keeler

Global Finance names the World's Best Internet Banks in Middle East/Africa 2010

NEW YORK, July 26, 2010 – Global Finance has announced the First Round winners in the "World's Best Internet Banks" competition in Middle East/Africa. This is the 11th 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 judging panel. 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: Dan Keeler, Editor,

Best Consumer Internet Banks:
Egypt Citi
Israel Bank Leumi
Jordan Arab Bank
Kuwait Kuwait Finance House
Lebanon Blom Bank
Oman Bank Muscat
Qatar Mashreq Bank
Saudi Arabia Samba Financial Group
South Africa Absa Digital Channels
United Arab Emirates Abu Dhabi Commercial Bank

Best Corporate/Institutional Internet Banks:
Algeria Citi
Bahrain Citi
Cameroon Citi
Congo Citi
Cote D'Ivoire Citi
Egypt Citi
Gabon Citi
Ghana Standard Chartered
Israel Citi
Jordan Citi
Kenya Standard Chartered
Kuwait HSBC
Lebanon Citi
Morocco Citi
Nigeria Standard Chartered
Qatar HSBC
Saudi Arabia The Saudi British Bank
Senegal Citi
South Africa Citi
Tanzania Citi
Tunisia Citi
United Arab Emirates Standard Chartered
Uganda Citi
Zambia Citi

Best Consumer Internet Banks:
Best Investment Management Services Falcom Financial Services
Best Bill Payment & Presentment HSBC
Best Online Consumer Credit Site HSBC
Best Web Site Design Samba Financial Group
Best Integrated Consumer Bank Site Samba Financial Group
Best Information Security Initiatives Samba Financial Group
Best Online Deposits Acquisition HSBC
Best Corporate/Institutional Internet Banks:
Best Investment Management Services Citi
Best Online Cash Management Standard Chartered
Best Trade Finance Services Standard Chartered
Best Web Site Design Citi
Best Integrated Corporate Bank Site Standard Chartered
Best Information Security Initiatives Standard Chartered