The Citigroup Private Bank Australian Photographic Portrait Prize was a photographic art prize held at the Art Gallery of New South Wales in conjunction with the Archibald Prize, Wynne Prize and Sulman Prize. The winner received $15,000[1] to $20,000[2] and their work was automatically acquired for the Art Gallery's permanent collection.[3] In its inaugural year in 2003 there were 560 entries received and 50 works exhibited. In 2005 entries rose to 657 and there were 49 works exhibited.[1] The prize was discontinued in 2007.[4]