Citi Indonesia: Best Bank-Global and Best Corporate and Institutional Adviser-Global in Indonesia 

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Starting the new year on a strong note, Citi Indonesia has been named as Best Bank Global in Indonesia and Best Corporate and Institutional Adviser-Global in Indonesia by The Asset Magazine. The achievement marks the twentieth time in a row that Citi Indonesia has won the Best Bank Global award.

Commenting on the wins, Citi Indonesia Chief Executive Officer Batara Sianturi said, “As with most other businesses, Citi Indonesia has been striving to get back to our pre-pandemic condition. These awards are great validations of our hard work, especially coming from a prestigious publication such as The Asset.

Among other notable achievements that helped Citi Indonesia to earn the two awards, the bank’s Banking, Capital Markets and Advisory (BCMA) group recorded an earnings growth of 14% during the year-to-Q3 2021 period, when compared to the same period in the previous year.

The Local Corporates, Public Sector Group and Financial Institutions Group continued to support both major deals and transactions in various sectors, including corporate actions, syndicated loans, and the capital markets. Meanwhile, the Global Subsidiaries Group, that have multinationals as clients, also provided positive contribution, particularly from treasury, trade financing / services and loan businesses.

Citi Indonesia Chief Executive Officer Batara Sianturi 

Now in its 23rd year, The Asset Triple A Country Awards represents the industry’s most prestigious awards for banking, finance, treasury, and the capital markets. Evaluation and judging were conducted by The Asset’s editorial team by using its Benchmark Surveys and follow-up interviews with the industry’s Board of Directors.

“We dedicate this award to all Citi Indonesia employees for their hard work throughout 2021. This will certainly serve as a great motivation to start the new year strong,” Batara concluded.

About Citi Indonesia

Citibank, N.A., Indonesia (Citi Indonesia) is a branch of Citibank, N.A, New York, USA. Citibank, N.A., Indonesia has been in Indonesia since 1968 and is one of the country’s largest foreign banks. Citibank operates 10 branches in six major cities in Indonesia – Jakarta, Bandung, Surabaya, Semarang, Medan and Denpasar. Citibank has consumer transaction networks of around 33,000 payment points and corporate distribution networks of around 6,000 locations in 34 provinces. Citibank, N.A., Indonesia is connected to ATM Bersama networks with more than 70,000 ATM terminals throughout Indonesia.

In 2021, Citibank Indonesia received the prestigious award as Best International Bank in Indonesia from Finance Asia and also as Digital Bank of the Year during The Asset Triple A Digital Awards 2021.

Citibank N.A., Indonesia is a bank that is licensed, registered and supervised by the Indonesia Financial Services Authority (OJK).

Citibank N.A., Indonesia an insured member of Deposit Insurance Corporation.

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