Author: Dan Keeler

Global Finance names the World's Best Internet Banks in Asia 2010

NEW YORK, July 26, 2010 – Global Finance has announced the First Round winners in the "World's Best Internet Banks" competition in Asia. 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, chris@gfmag.com
For editorial information please contact: Dan Keeler, Editor, dan@gfmag.com

COUNTRY WINNERS
Best Consumer Internet Banks:
Australia HSBC
Brunei HSBC
China ICBC
Guam Citi
Hong Kong HSBC
India Citi
Indonesia Citi
Japan HSBC
Kyrgyz Republic AsiaUniversalBank
Malaysia Standard Chartered
Philippines Citi
Singapore Standard Chartered
South Korea Citi
Sri Lanka HSBC
Taiwan Chinatrust
Thailand Citi
Vietnam HSBC

COUNTRY WINNERS
Best Corporate/Institutional Internet Banks:
Australia Citi
Bangladesh Citi
Brunei HSBC
China Standard Chartered
Hong Kong HSBC
India Standard Chartered
Indonesia HSBC
Japan Citi
Kazakhstan Citi
Kyrgyz Republic AsiaUniversalBank
Macau HSBC
Malaysia Standard Chartered
New Zealand Citi
Pakistan Citi
Philippines Citi
Singapore Standard Chartered
South Korea Citi
Sri Lanka Citi
Taiwan Citi
Thailand HSBC
Vietnam Citi

REGIONAL SUB-CATEGORY WINNERS
Best Consumer Internet Banks:
Best Investment Management Services Standard Chartered
Best Bill Payment & Presentment Citi
Best Online Consumer Credit Site Standard Chartered
Best Web Site Design Standard Chartered
Best Integrated Consumer Bank Site Standard Chartered
Best Information Security Initiatives HSBC
Best Online Deposits Acquisition HSBC

REGIONAL SUB-CATEGORY WINNERS
Best Corporate/Institutional Internet Banks:
Best Investment Management Services HSBC
Best Online Cash Management HSBC
Best Trade Finance Services HSBC
Best Web Site Design HSBC
Best Integrated Corporate Bank Site Standard Chartered
Best Information Security Initiatives HSBC