If, however, the interest rate and amount of deposit at Citibank exceed the maximum interest rate and amount covered by the IDIC, such a deposit will not be included in the deposit insurance program of the LPS. ĭeposit insurance protection under the Lembaga Penjamin Simpanan (the LPS or the Indonesia Deposit Insurance Corporation ) is available for many of its transactional and deposit products for up to Rp 2 billion per depositor per bank. Its service offerings includes a variety of digital services like online banking, mobile banking, online payments and transfers, alerts and electronic statements and advices. Products & services Citibanking Ĭitibank Indonesia offers a wide range of transactional, deposit, loan, insurance, credit card and investment products. July 2010 - PT Citigroup Securities Indonesia (CSI) awarded membership approval by the Indonesia Stock Exchange to operate as a member of the IDX. JanuFirst State Indoequity Peka Fund, a socially responsible equity fund, that enables investors to contribute 0.5% of their investment to a number of philanthropic funds, launched. Ģ010 - Launched equity brokerage operations.
Ģ009 - The cash office opened on Jalan Jenderal Sudirman Kav.1 in 1986 upgraded to a full branch. Ģ005 - The first cashback credit card launched in Indonesia. May 2004 - The Denpasar branch opened on Jalan Teuku Umar 208-210. November 2002 - Opening of the Semarang branch on Jalan Pahlawan No.5. Ģ002 - CitiDirect Online Banking and Eazy Pay Plan (EPP) introduced. March 2001 - Opening of the Medan branch on Jalan Imam Bonjol No.23. ġ999 - One Bill, a smart billing service platform launched. ĭecember 1998 - Citibank's flagship Corporate social responsibility program, Citibank Peka launched. Īugust 1994 - The Bandung branch opened on Jalan Ir. ġ993 - CitiPhone 24 hours a day, 7 days a week customer service program launched. ĭecember 1989 - Citi's Surabaya branch opens on Jalan Dr. ġ989 - First foreign bank to introduce credit cards to the Indonesian market. ġ986 - Citi relocates to the Landmark Building at Jalan Jenderal Sudirman Kav.1. ġ980 - First bank to introduce electronic banking. ġ976 - Citi obtains approval from Bank Indonesia (BI) to change its name from First National City Bank, Jakarta to Citibank, National Association (Citibank, N.A.), Jakarta Branch as stipulated in the BI Letter No.9/376/UPPB/PBD. It begins its operations in Hotel Indonesia with an initial staff of 15 employees.
JCitibank Indonesia established under the Ministry of Finance Decree No. Its core business includes credit cards, wealth management, consumer lending, savings and deposits, investment product and treasury products.ġ918 - Citibank's precursor, the International Banking Corporation, sets up branches in Batavia (present-day Jakarta) and Surabaya.
Global Consumer Banking - GCB operates 11 branch offices and 70+ ATMs in Indonesia. Its core business includes treasury, cash management, trade and security services, corporate and structured finance and investment management. Institutional Clients Group (ICG) - The ICG has four offices located in Jakarta, Bandung, Surabaya and Medan. 4.5 Growing the Spirit: Youth Entrepreneurship InitiativeĬiti Indonesia's business comprises two main groupings:.4.4 Financial Education for Mature Women.4.3 Citi Microentrepreneurship Awards (CMA).