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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
Egypt  Citi
Gabon  Citi
Ghana  Standard Chartered
Israel  Citi
Jordan  Citi
Kenya  Standard Chartered
Kuwait  HSBC
Lebanon  Citi
Morocco  Citi
Nigeria  Standard Chartered
Oman  HSBC
Qatar  HSBC
Saudi Arabia  The Saudi British Bank
Senegal  Citi
South Africa  Citi
Tanzania  Citi
Tunisia  Citi
United Arab Emirates  Standard Chartered
Uganda  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
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