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HSBC wins internet banking award
Global Finance in recognition of the World's Best Internet Banks, has named HSBC Sri Lanka the Best Consumer Internet Bank and Best Corporate/Institutional Internet Bank. Held for the ninth consecutive year, the regional and global winners for these categories will be announced at an awards ceremony in New York City in November 2008. HSBC also swept the Consumer and Corporate/Institutional sub-categories at regional level, winning seven of the eight sub-categories for Consumer Internet Banks and three of the six sub-categories for Corporate Internet Banks.

Sarit G Wijeyekoon Head of Personal Financial Services at HSBC Sri Lanka said, "The internet has transformed the way we do business; and at HSBC Sri Lanka, we are committed to offering our customers the latest in technology. Our on-line customers have benefited vastly from the convenience, speed and security of on-line banking - and the increasing adoption rate proves that on-line banking is the future."

Winning banks were selected on several criteria, including the strength of their strategy for attracting and servicing on-line customers, success in getting clients used to web offerings, growth of on-line customers, breadth of product offerings, and evidence of tangible benefits gained from internet initiatives and website design and functionality. The winners were chosen by a world class judging panel that evaluated the entries.

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