Citi has demonstrated an impressive blend of digital innovation, liquidity sophistication and client-centric modernisation in its cash management offering in Indonesia.
Despite a challenging rate environment, the bank has maintained a dominant position among foreign banks in the country, underpinned by robust deposit growth and a high proportion of low-cost CASA (current account and savings account) balances.
A key highlight of Citi’s recent progress was its push toward real-time treasury capabilities. The bank’s real-time liquidity sharing proposition enables clients to utilise intraday liquidity instantly across entities and currencies, allowing automated virtual lending and borrowing between accounts.
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