AirAsia Group explores several funding sources to expand fleet
09 Sep 2024 09:38
AirAsia Group is reportedly exploring several funding opportunities to back its plan to acquire additional 75 units of aircrafts until 2031.
Efficiency allows Citi Indonesia to book 14% surge in H1 2024 net profit
15 Aug 2024 18:32
Citibank N.A. Indonesia, or widely known as Citi Indonesia, reported solid growth in its net profit performance in the first half (H1) of 2024, increasing 14% year-on-year (yoy).
Citi Indonesia: Low domestic consumption calls for structural reform, starting from services sector boost
09 Aug 2024 15:02
Amidst the streak of domestic consumption decline, Helmi Arman, Chief Economist of Citi Indonesia, believes that one of the keys to correct the issue lies on balanced growth of economic sector, giving more emphasis on labour-intensive sector, such as services sector.
Citigroup: US in early phase of recession, opportunity for BI-rate cut
08 Aug 2024 11:39
Chief Economist of Citi Indonesia, Hemi Arman, revealed that the US economy is probably heading towards recession.
Credit slowed down, Citi's profit remains solid; up 82% in 2023
02 Apr 2024 19:02
Solely focusing on institutional banking business now, Citibank N.A. Indonesia, or more popularly known as Citi Indonesia, was still able to record 82% year-on-year (yoy) surge in its net profit, arriving at IDR 2.5 trillion in 2023.
UOB pairs up with Garuda Indonesia to introduce GIUC card
08 Mar 2024 16:13
PT Bank UOB Indonesia joins hands with PT Garuda Indonesia Tbk (GIAA) and Mastercard to introduce Garuda Indonesia UOB Credit Card (GIUC), which combines the perks of credit card spending and rewards from mileage system.
Citi wrapped up consumer banking business divestment in Indonesia to UOB
21 Nov 2023 11:46
Citi announced the completion of divestment and migration of its consumer banking business line to PT UOB Indonesia (UOB).
Going exclusively institutional, Citi to complete user migration to UOB this week
13 Nov 2023 16:40
The higher-ups of Citibank N. A. Indonesia (Citi Indonesia) confirmed that the acquisition of consumer banking business line of Citi Indonesia by Bank UOB Indonesia will be completed this Saturday, November 18, 2023.
Citi Indonesia saw 46% jump in net profit in Q3 2023
13 Nov 2023 14:00
Net profit of Citibank N. A. Indonesia (Citi Indonesia) skyrocketed, increasing as high as 46% year-on-year (yoy) to IDR 1.7 trillion at the end of September 2023.
Citi Indonesia ready to welcome green financing trend
10 Aug 2023 14:41
Having contributed to the trend of sustainable financing, Citibank N.A. Indonesia or Citi Indonesia stated its readiness to seize green financing growth opportunities in the future.
