Can't find what you're looking for?
View all search resultsCan't find what you're looking for?
View all search resultsHaving sold its retail business in Indonesia, Citi is now focusing its services on institutional customers to go through a business transformation and accelerate digitalization in the country to benefit from the potential exponential growth of the country’s digital economy.
On a recent visit to Indonesia, Citi Asia Pacific CEO Peter Babej met government officials and business partners in the country.During his two-day stay, the banker spoke with The Jakarta Post’s Vincent Fabian Thomas on July 21 about banking industry opportunities in Asia, even as a threat of stagflation looms over other regions of the world.
As with other large banks, Citigroup's profits were bolstered by a good performance in its investment banking and trading businesses, as well as the release of $3.9 billion in reserves set aside for bad loans.
Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.
Thank you for sharing your thoughts. We appreciate your feedback.