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Jakarta Post

Crédit Agricole widens expansion in RI

  • Winny Tang

    The Jakarta Post

Jakarta   /   Tue, April 17 2018   /  12:58 am

France-based Crédit Agricole CIB is seeking an opportunity to widen its client base in Indonesia as it moves forward with the opening of a new representative office to better serve the local market.The bank aims to capture abundant opportunities in Indonesia, a growing economy with a population of approximately 260 million and great number of young people aspiring to be in a global top 10 economy by 2030.“We work with major corporates in oil and gas, telecommunications sectors, banks, government agencies,” Régis Monfront, deputy chief executive officer of Crédit Agricole, told The Jakarta Post in an interview recently.“Our goal is to create a bridge between these companies and the rest of the world, to give them access to capital abroad,” he added.As a bank, Crédit Agricole provides financing for specific sectors, such as energy, telecommunications, transportation, aviation a...