28 Oktober 2012

[281012.EN.BIZ] Citigroup Finance License Voluntary Return

JAKARTA: PT Citigroup Finance Indonesia claimed to restore the license as a finance company to regulators because it wanted to focus on other business fields.

This was revealed by Mona Monika, Vice President Corporate Communications Citibank NA. Indonesia. A branch office of a foreign bank is affiliated with Citigroup Finance Indonesia (CFI)

According to Mona, CFI restore its license voluntarily because he wanted to focus on other business fields. "So it was not revoked license but returns CFI license voluntarily. Application for refund of business license has been delivered since last July, "he told Bisnis, Friday (10/26/2012).

Previously, the Ministry of Finance expressed CFI has revoked the business license by the Minister of Finance with a number Kep-381/KM.10/2012 dated August 7, 2012. (tw)

Source : Bisnis Indonesia.

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