Nama NPM Kelas

: Ria Komala : 16212243 : 1EA18

Mata Kuliah : Softskill B.Inggris 2 Tugas : Writing 3

Foreign Bank Which Operates in Indonesia

A lot of foreign banks operating in Indonesia. One of the foreign banks operating in Indonesia, namely Citibank N.A. Indonesia Branch. Citibank N.A Indonesia Branch is a branch of Citibank N.A headquartered in New York USA. First present in Indonesia in 1918 through its predecessor company, the international banking corporation in Batavia and Surabaya. The branch was closed in 1920, Citibank again present in Jakarta in 1968 and offers a range of banking services. Citibank is a major international bank, consumer banking with financial services giant Citigroup. Citibank was founded in 1812 as a New York Citibank. Ownership and management of the bank was taken over by Musa Taylor, a protg of John Jacob Astor and one of the business giants in the 19th century. Citibank is the third largest bank holding company in the United States, after bank of America and JP Morgan Chase. Citibank has retail banking operations of more than 100 countries worldwide. More than half of 1400 office located in the United States.

In addition to banking, Citibank offers insurance, credit card and investment products. Global consumer group is one of the main business at Citibank Indonesia that manages consumer finance market. Consists of four business groups namely, banking services (retail banking), credit cards, unsecured loans, personal loans, and CitiFinancial. Citibank retail banking in Indonesia operates 19 branch offices and 120 ATM in six major cities in Indonesia namely, Jakarta, Surabaya, Bandung, Medan, Semarang, and Bali. Citibank customers can freely use the 11.000 ATM in Indonesia that use the network logo plus. Plus access information through Citibank online banking (internet banking), CitiMobile (mobile banking), and cutting-edge innovation Citibank, Citibank the webcam service that allows customers to meet face to face through a screen with a staff or an employee Citibank. Citibank has innovative products and comprehensive, ranging from the traditional to the savings banks and mutual assurance. With the aim to provide integrated financial solutions by leveraging the expertise and international network. Citibank has expertise in the field of Wealth Management that provides financial advisory services in order to grow client assets and protected. Understand that every individual has the financial needs and goals are different, then the Citibank financial help formulate solutions in order to achieve the goal. Wealth Management banking is a world-class service that prioritizes service is personal. Citibank credit card to start a business in 1989. Citibank credit card business is a pioneer in Indonesia to always bring innovative and exciting programs for its customers. Citibank introduced Citibank Personal Loans 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. Generally these loans are used for education, travel, home renovation, marriage, and other needs. Citibank launched CitiFinancial in August 2004 as a lender for the

lower middle class and the people greeted him well. In 2007, CitiFinancial in cooperation with PT Pos Indonesia. This partnership aims to expand the coverage area of CitiFinancial in reaching the market in Indonesia by leveraging the breadth of distribution of PT Pos Indonesia. Citibank Indonesia currently offers nine types of credit cards. Payment network in Indonesia consists of more than 11.000 payment points, 13 banks and a post office from which the customer can pay the credit card bills. Online payment facilities are also available. Citibank main expertise is in the field of Indonesia Wealth Management, where he provided financial advisory services to clients. Citibank helpline has an 24-hour CitiPhone banking to its customers. Citibank in Indonesia also offer loan bank, deposits, and insurance to its customers.

REFERENCE
http://id.wikipedia.org/wiki/citibank http://wahyu-ranti.blogspot.com/p/sejarah-city-bank.html