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View all search resultsCitibank
Business 9 years ago
Slim chance for BI to cut benchmark rate in 2017: Citibank
The Indonesian branch of foreign lender Citibank predicts that Bank Indonesia (BI) will have limited room to cut its seven-day reverse repo rate next year as it expects inflation to rise as a result of the removal of electricity subsidies.
Business 9 years ago
Citi Indonesia aims US$38m of transactions from virtual card
Riding on optimism of the country’s e-commerce business, Citi Indonesia is eyeing to score Rp 400 billion (US$30.8 million) to 500 billion in transactions from the newly launched the Citi Virtual Card Account (VCA), which is intended for corporate clients.
Business 9 years ago
BKPM works with Citi Indonesia to lure global investors
The Investment Coordinating Board (BKPM) has forged collaboration with Citi Indonesia to enhance investment promotion among big global investors, allowing Citi to act as a "liaison officer" for its clients who want to invest in Indonesia.
