|
|
 |
  |
| Sunday, 11 July 2004 |
 |
|
 |
Business |  |
| News Business Features Editorial
|
Citigroup's Corporate Banking ranked No. 1 Citigroup's CitiDirect Online Banking took first place in an independent study by Greenwich Associates to evaluate the Internet-based cash management applications of ten leading banks in the U.S. For the second year in a row, the respected institutional research firm chose CitiDirect as "best in class" among cash management websites for U.S. corporations and financial institutions, giving it an overall score of 94 out of 100. "We have involved clients in the development of our Internet-based banking offerings to ensure that our products truly meet their needs - and set the standard for the industry," Paul Galant, Global Head of Cash Management, Citigroup Global Transaction Services said. "CitiDirect Online Banking stands out in a highly competitive peer group, driven by strong product functionality, focus on client work flow, and many unique value-added features. Online cash management functionality in the market overall continues to evolve at a rapid pace, and Citibank's ability to stay ahead of the pack is impressive," Steven Busby, Principal and Director of Business Development, Greenwich Associates, said. Citibank N.A. commenced its operations in Sri Lanka in December 1979 as a full service branch of Citibank N.A., New York. CitiDirect centralises the corporate banking functions to give authorised users in any location direct access to accounts in an easy-to-use and familiar web-based environment. Citibank won the award as the World's Best Internet Bank and the World's Best Corporate/Institutional Internet Bank for the 2nd consecutive year according to Global Finance magazine in their December 2003 issue. Citibank also won the Euromoney Technology Award for the 3rd consecutive year for "Best Bank in Electronic Cash Management," published in Euromoney's November 2003 issue. Citigroup (NYSE: C), has some 200 million customer accounts and does business in more than 100 countries, providing consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, insurance, securities brokerage and asset management. |
|
News | Business | Features
| Editorial | Security Produced by Lake House |
