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Citibank Indonesia to offer account operator service.

Global Banking News-August 31, 2017--Citibank Indonesia to offer account operator service

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Global Banking News - 31 August 2017

Citibank Indonesia, Indonesia Stock Market Clearing House (KPEI) and PT Citigroup Sekuritas Indonesia have launched an account operator service.

The move makes the bank the first custodian bank to offer such a service in Indonesia.

It is intended that the service will improve the efficiency of Indonesia's capital market.

An account operator service supports brokers who seek to leverage the full-service offerings by custodians, including settlement and asset servicing.

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Publication:Global Banking News (GBN)
Geographic Code:9INDO
Date:Aug 31, 2017
Words:115
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