Author: Dan Keeler

Global Finance names the World's Best Internet Banks in Central & Eastern Europe 2010

NEW YORK, July 26, 2010 – Global Finance has announced the First Round winners in the "World's Best Internet Banks" competition in Central & Eastern Europe. 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:
Bulgaria Raiffeisenbank
Czech Republic mBank
Estonia Swedbank
Hungary Citi
Latvia Swedbank
Lithuania Swedbank
Poland Bank Millennium
Romania Garanti Bank International
Russia Citi
Slovakia Tatra Banka

COUNTRY WINNERS
Best Corporate/Institutional Internet Banks:
Bulgaria Citi
Czech Republic Citi
Hungary Citi
Lithuania SEB Bankas
Poland BRE Bank
Romania Citi
Russia Citi
Slovakia Citi
Ukraine Citi

REGIONAL SUB-CATEGORY WINNERS
Best Consumer Internet Banks:
Best Investment Management Services Swedbank
Best Bill Payment & Presentment Swedbank
Best Online Consumer Credit Swedbank
Best Website Design Citi
Best Integrated Consumer Bank Site BRE Bank
Best Information Security Citi
Best Online Deposits Acquisition Bank Millennium

REGIONAL SUB-CATEGORY WINNERS
Best Corporate/Institutional Internet Banks:
Best Online Cash Management Citi
Best Trade Finance Citi
Best Web Site Design Citi
Best Integrated Corporate Bank Site BRE Bank
Best Information Security Initiatives Bank Pekao