Foreign bank, Which Operates in Indonesia

Citibank

Citi is a leading global bank with a capacity which has 200 million customers and is in 160 countries. Citi provides various banking products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management services to its customers, corporations, governments and institutions.

Citibank, NA, Indonesia Branch ("Citibank") is a branch of Citibank, NA Headquartered in New York, U.S.A. Citigroup Inc. ("Citigroup") fully owns Citibank, NA. We first present in Indonesia in 1918 through its predecessor company, The International Banking Corporation in Batavia and Surabaya. Although the branch was closed in the 1920s, Citibank is back in Jakarta in 1968 and offers a range of banking services. Global Consumer Group is one of the main business at Citibank Indonesia managing consumer financial services markets. Consists of four business groups, namely Banking Services (Retail Banking), Credit Card, Personal Loan - Personal Loan and Citifinancial.

Citybank, a major international bank, is the consumer banking with financial services giant citygroup. Citybank was founded in 1812 as the City Bank of New York, kemuadian First National City Bank of New York. In March 2010, citygroup is the third largest bank holding company in the United States by total assets, after Bank of America and JP Morgan Chase. Citybank has retail banking operations of more than 100 countries worldwide teoriti. More than half of the 1,400 offices located in the United States.          

In addition to banking, insurance meawarkan Citybank, credit card and investment products. Their online services division is among the most successful in the field, claiming about 15 million users. As a result of the global financial crisis of 2008-2009 and huge losses in the value of its subprime mortgage assets, Citybank rescued by the U.S. government under plans agreed for citygroup. On 23 November 2008, in addition to helping start $, 25 billion, a further $ 25 billion invested in the firm together with guarantees for risky assets for $ 306.000.000.000

Founded in 1812 as the City Bank of New York, ownership and management of the bank was taken over by Moses Taylor, a protégé of John Jacob Astor and one of the business giants in k-19 century. During the Taylor rule, majority of the banks functioning segabai financial center and business finance to a broad kerjaa sendiri.Taylor Citybank first president was Col. Samuel Osgood, born in North Andover, Massavhusetts. National City became the first U.S. national bank to open office overseas perbankkan when branches diBuenos Aires, Argentina, dibukaa in 1914. Many kanor current international citi older, offices in London, Shanghai, Calcutta, and elsewhere opened in 1901 and 1902 by Iternational Banking Corporation (IBC), a company hired to conduct banking business outside the U.S., at that time prohibited krgatan national banks in 1918, IBC became a wholly owned subsidiary and merged kemuadian bank.Pad to 1919, bathtub has become the first U.S. bank has $ 1 billion in aet. Charles E. Mitchell terilih as President in 1921 and in 1929 was made chairman, a position he held until 1933. In countries outside the United Amrika. Policies pursued by the bank under the leadership of Mitchell segabai seen by one of the economic history of the main causes of the 1929 stock market crash, which led eventually to the Great Deperssion. In 1933 a Senate committee, commission pecora, investigated Mitchell for his part in tens of millions of dollars in losses, excessive pay, and tax avoidance. Senator Carter Glass said of him: "Mitchell more than 50 men is responsible for this stock crash. On December 24, 1927, its headquarters in Buenos Aires, Argentina, detonated by the Italian anarchist Saverino In Geovanni, in the framework of the international campaign supporting Sacco and Vanzetti. In 1952, James Stilman Rockefeller was elected president and kemuadian chairman in 1959, serving until 1967. Stilman dalah direct descendant of the Rockefeller family through the William Rockefeller (brother John D.) branch. In 1960, a second cousin, David Rockefeller, became president of the Chase Mahattan Bank, National City of New York old rival for dominance in the banking industry in America.

Retail Banking

Citibank retail banking in Indonesia operates 19 branch offices and 102 ATMs in six major cities in Indonesia, namely Jakarta, Surabaya, Bandung, Medan, Semarang and Denpasar.

Citibank has expertise in Wealth Management where we provide financial advisory services in order to grow client assets and protected. Understand that every individual have different needs and financial goals are different, so we helped formulate c financial solutions in order to achieve the aspired goals.

Citibank has the innovative products and comprehensive, ranging from traditional savings through bancassurance and mutual funds. In short, Citibank aims to provide integrated financial solutions by leveraging the expertise and international network.

Banking Wealth Management we have a world-class service that prioritizes personal service. We have a dedicated team of relationship management that will assist in determining strategies to develop and protect the investment in accordance with the risk profile of each customer.

In addition our services also comes with extensive ATM network. Citibank customers can freely use the 11,000 ATMs in Indonesia using the logo Plus network. Plus, access information via Citibank Online (Internet Banking), Citi Mobile (Mobile Banking), and our cutting-edge innovation that, Citibank Webcam service that enables customers to meet face to face through the monitor by our staff.

Key People

Tigor Siahaan - Chief Country Officer

Suparman Kusuma - Card Business Head

Kahar Anwar - Citi Commercial Head

Ditta Amahorseya - Director, Country Corporate Affairs Head

Credit Card

Credit card business started in 1989. Citibank is the pioneer of the credit card business in Indonesia by always presenting innovative and exciting programs for its customers.

Citibank credit card types include share market segments. Currently we have 9 kinds of credit cards are: Citibank Ultima Card, Citibank Platinum Card, Citibank Gold Card, Citibank Silver Card, Citibank Choice Card, Citibank Clear Card, Citibank Cash Back Card, Garuda Indonesia Citibank Card, Citibank and Telkomsel Card.

In addition to the use of credit cards as a means of payment, we also provide added value to support the lifestyle needs of its customers through products like Clear Card for young professionals, Cash Back rewards to customers who want in cash, Garuda Indonesia Citibank Card for frequent travelers , and Citibank Telkomsel Card for requiring intensive telecommunications.

We emphasize the importance of peace (peace of mind) as one of our priorities. To that end, Citibank has a system and the specialized staff on duty to monitor the pattern of customer transactions. Through CitiPhone banking are ready to serve our customers for 24 hours. Besides, we also provide education to clients and the general public through the "Use Credit Wisely" which can be accessed through the site www.citibank.co.id

We continue to improve the service by implementing a technology infrastructure capable of processing large amounts of data to achieve efficiency in every transaction. We have the largest payment network in Indonesia, which includes more than 11,000 locations payment of 13 banks and post offices that enables our customers to pay with a credit card is easy.

Citibank Personal Loan

Citibank Personal Loan Citibank introduced in 2003. Citibank Personal Loan is intended to serve the financial needs of our customers by providing the ease and convenience of obtaining loan funds.

These loans are available without the need for collateral and have a competitive interest rate. With fixed monthly payments, customers can manage the flow of their personal finances better. Citibank will provide the funds to make the transfer directly to the customer's account.

Citibank offers loans ranging from Rp 4 million to Rp. 200 million with a maximum repayment period of 36 months.

Generally these loans are used for education, travel, home renovation, marriage and other needs.

Citifinancial

Citibank Citifinancial launched in August 2004 - as a lender for the lower middle class. Products in the form of loans with fixed repayment methods and flexible up to 48 months. Citifinancial approach to the surrounding community is well received, customers can meet face to face and interact directly with our staff. In lending, Citifinancial has always stressed the importance of budgeting and cash flow analysis process. Thus, we also educate clients and potential clients about how to manage their finances responsibly and take out loans in accordance with their capabilities. Citifinancial currently has 56 branches spread across six major cities of Jakarta, Bandung, Semarang, Surabaya, Medan, and Denpasar.In 2007, Citifinancial in cooperation with PT Pos Indonesia. This collaboration aims to expand the coverage area of ​​Citifinancial in Indonesia's market reach by leveraging the breadth of distribution of PT Pos Indonesia

Time Line

2004 - Citibank launches Citifinancial.

2005-2007 – Citibank receives the Indonesia Best Brand Award from SWA Magazine.

2006 – Citibank ranked Best Bank On Service Quality by a banking sector customer service poll conducted by Infobank magazine in collaboration with the Institute of Service Management Studies (Trisakti University, Jakarta).

2007 – Receives the Employer of Choice Award from Warta Ekonomi.

2007 – Receives the Indonesia Bank Loyalty Award in the Savings Account and Credit Card Category from InfoBank.

2007 - Receives the Best Internet Bank Award from Global Finance.

2007- Receives the eCompany Award from Warta Ekonomi.

2007 - Receives the Best Financial Performance Award from Infobank.

2007 - Receives the Best Foreign Bank from Finance Asia.

2007 - Receives the Indonesia Most Admired Company 2006 Award (for 2 consecutive years) from Business Week and FrontierMarketing Research.

2007 - Receives the Best Wealth Management and Retail Bank & Service Satisfaction Index from Marketing Magazine & CCSL.

2007 - Receives the Best Corporate PR Program award from Mix Magazine.

2007-2008 – Receives the Banking Service Excellence Award from InfoBank.


sumber:
http://en.wikipedia.org
https://www.citibank.co.id