Preview

Citibank Indonesia Essay By Minischoles1

Powerful Essays
Open Document
Open Document
557 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Citibank Indonesia Essay By Minischoles1
5/16/2015

Citibank Indonesia ­ Essay by Minischoles1

Search thousands of free essays... Search

JOIN

LOGIN

HELP

CONTACT

Welcome
Anti Essays offers free essay examples to help students with their essay writing.
Sign Up for free

Citibank Indonesia Essay
Below is a free essay on "Citibank Indonesia" from Anti Essays, your source for free research papers, essays, and term paper examples.

CITIBANK INDONESIA
Assignment in økonomiske styringssystemer.
In this paper I am going to write about the case study Citibank Indonesia and discuss around what Mr. Mehli Mistri should do with the budget issues discussed in the beginning of the case study. Mr. Mehli is the primary spokesman for Citibank in Indonesia and he has the primary responsibility for determining the budget. Mr. Mehli gets after the presentation of the budget in 1983 a restriction from his headmaster that he needs to increase the country 's after tax profit by $ 500.000­ $ 1,000,000. What opportunities does he have to make changes on the budget? What factors affected the choices he made and will he be willing to make changes eventually how? Indonesia is a young country that became independent as recently as 1949. Citibank has been a leading bank in Indonesia since 1968 when the president permitted eight foreign banks to install in the capital Jakarta. The reason for this interest was to get a steady economic growth in the country. These banks where supposed to help the country by transferring capital, establish a modern banking infrastructure, supplying well­trained personnel and by this attract foreign investment. At this time, the Indonesian economy had enormous opportunities. Indonesia is the fifth largest country in the world based on population and the economic growth had been great in previous years because of the country 's wealth of raw materials, oil and tin and not to


Citations: MLA Citation "Citibank Indonesia". Anti Essays. 16 May. 2015 Citibank Indonesia. Anti Essays. Retrieved May 16, 2015, from the World Wide Web: http://www.antiessays.com/free­essays/Citibank­Indonesia­685214.html
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Satisfactory Essays

    MBA 733 - Tyva Brief
    • 848 Words
    • 4 Pages

    MBA 733 - Tyva Brief

    Based on the June cash budget, what are the relevant items that could impact the ending cash balance?…

    • 848 Words
    • 4 Pages
    Satisfactory Essays
    Read More
  • Good Essays

    Policing Levels, Roles, and Functions
    • 1037 Words
    • 5 Pages

    Policing Levels, Roles, and Functions

    Now to prepare the budget. Before I do the final draft, I should consult with other department managers. For the reason it could have an impact on the budget.…

    • 1037 Words
    • 5 Pages
    Good Essays
    Read More
  • Better Essays

    Commonwealth Bank
    • 2844 Words
    • 12 Pages

    Commonwealth Bank

    This paper will show the situational analysis of commonwealth bank, it also analysed the organisational structure and its strategies. Because every business needs to take some action that will help them keep a good position in the market, but before taken any action they have to do some research the find to cause of problem in order to identify the resolution. The results and useful information during this analysis will help the organisation to choose suitable strategies, develop that management strategies and improving the service operation, which is going to help them achieve their objectives. At the beginning it will be presented brief history of commonwealth bank and following by their operational service, problems and challenges, current situation in the business, strategies analysis and management structures and organisation structures. Almost the end of this paper it has provided the recommendation based on how commonwealth bank could done better or improved their business such as what they should keep doing and what they have to change or adjust. However, if you still want to double-check your understanding you can read more in the conclusion part, which provides at the end of this report.…

    • 2844 Words
    • 12 Pages
    Better Essays
    Read More
  • Powerful Essays

    Citibank Budgeting
    • 2019 Words
    • 9 Pages

    Citibank Budgeting

    Direction and control of Citibank’s international branches are conducted via two formal management processes. Each year, top management sets sovereign risk limits for its independent branches based on proposals by country managers. Country managers may choose to operate with self-imposed limits below this upper guideline. Following, there is the budget setting process, where headquarters only provides administrative guidelines but not specific targets, with operating managers being responsible for budgets for the following year. Indonesia often set their targets above these long-term goals. Performance is measured and compared against the budget each month, and a new forecast, which will be reviewed by the division manager, is drawn up each quarter for the remainder of the year.…

    • 2019 Words
    • 9 Pages
    Powerful Essays
    Read More
  • Good Essays

    Has Cultural Globalization Been Good or Bad for Egypt?
    • 400 Words
    • 2 Pages

    Has Cultural Globalization Been Good or Bad for Egypt?

    To begin, with the spread of the idea of globalization in Egypt and worldwide new economical advancements have forced an alteration in how bank systems are used today. The positive outlook on this developing issue is that the new system tries to adapt in order to fit the global picture of how a bank should act and what exactly their roles should contain. Also, globalization has “enhanced the manner of how businesses should operate and the manner of how larger companies take in and execute the cash flow of money” (Ganguly). On the other hand, the bank system is corrupt and several citizens till this day do not understand the new system. The reason behind their confusion is because the lack of knowledge, gap of social classes, and inability to adapt to a new development. Their aspect is the manner in which the bank is perceived negatively and is why several citizens, especially the ones of a lower class, stay far away from the bank system.…

    • 400 Words
    • 2 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    P3 Qayyum
    • 364 Words
    • 2 Pages

    P3 Qayyum

    cuts. He has been asked to develop a cost budget for the coming year that is 10 per cent lower…

    • 364 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Good Essays

    Indonesia case study
    • 659 Words
    • 3 Pages

    Indonesia case study

    What political factors explain Indonesia’s poor economic performance? What economic factors? Are these two related?…

    • 659 Words
    • 3 Pages
    Good Essays
    Read More
  • Powerful Essays

    Ekonomi Islam Sebagai Model Alternatif Pembangunan Ekonomi Di Indonesia (Penerapan Bank Syariah)
    • 2590 Words
    • 11 Pages

    Ekonomi Islam Sebagai Model Alternatif Pembangunan Ekonomi Di Indonesia (Penerapan Bank Syariah)

    Sangat disayangkan dewasa ini masih banyak kalangan yang melihat bahwa Islam tidak berurusan dengan bank dan pasar uang, karena yang pertama adalah dunia putih, sedangkan yang kedua adalah dunia hitam, penuh tipu daya dan…

    • 2590 Words
    • 11 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Sistem Informasi Di Perbankan
    • 5917 Words
    • 24 Pages

    Sistem Informasi Di Perbankan

    Bank merupakan lembaga perantara keuangan memberikan jasa-jasa keuangan baik kepada pihak yang membutuhkan dana dan pihak yang memiliki dana. Bank melakukan beberapa fungsi dasar dan tetap menjalankan kegiatan rutinnya di bidang keuangan. Kegiatan perbankan ini, ditunjang oleh sistem informasi yang memberikan aplikasi –aplikasi yang dapat digunakan untuk mendukung kegiatan oprasional. Dalam dunia Perbankan keberadaan sistem informasi sangat dibutuhkan untuk menjalankan mekanisme dan sistem operasi Bank. Saat ini hampir semua transaksi bisnis memanfaatkan jasa perbankan. Bank memiliki peranan sebagai penghimpun dan penyalur dana masyarakat serta bertujuan untuk menunjang pelaksanaan pembangunan nasional dalam rangka meningkatkan pemerataan pembangunan dan hasil-hasilnya, pertumbuhan ekonomi dan stabilitas nasional, kearah peningkatan taraf hidup rakyat banyak. Dalam cara pandang lama, Strategi bank yang digunakan dalam menghimpun dana adalah dengan memberikan penarik bagi nasabahnya berupa balas jasa…

    • 5917 Words
    • 24 Pages
    Powerful Essays
    Read More
  • Good Essays

    Gross Domestic Product and Local Citibank Official
    • 1151 Words
    • 5 Pages

    Gross Domestic Product and Local Citibank Official

    Citibank expanded into Indonesia in 1968. By 1983, the local Citibank official in Indonesia, Mr. Mistri, maintained a profitable division which tracks the growth of the country. Attaining the profit growth correlation with the Indonesian economy was an original reason for expansion into Indonesia. The government of Indonesia had requested international banks to make the foreign direct investment to increase human and financial capital. In 1983, Citibank corporate managers increased the Indonesia’s after-tax profit goal by $500,000 to $1,000,000. In pursuit of these goals, the local Indonesia Bank officials based decisions on diverse risks, regulatory restrictions, local growth and competition, and personal compensation.…

    • 1151 Words
    • 5 Pages
    Good Essays
    Read More
  • Good Essays

    Preventive Vigilance in Banks
    • 570 Words
    • 3 Pages

    Preventive Vigilance in Banks

    |mention here that the Citibank is a bank which has international character, has well laid down systems and procedures, is totally |…

    • 570 Words
    • 3 Pages
    Good Essays
    Read More
  • Powerful Essays

    Financial Flexibility
    • 778 Words
    • 4 Pages

    Financial Flexibility

    Bank, serta lembaga keuangan lainnya, berfungsi sebagai perantara keuangan antara agen dengan kas yang surplus kas (penabung) dan agen dengan kas yang deficit (peminjam). Literatur menunjukkan bahwa sistem keuangan dapat secara luas diklasifikasikan sebagai sistem keuangan berbasis perbankan dan berbasis pasar (Antzoulatos et al, 2008.). Sebuah sistem keuangan berbasis perbankan umumnya mengacu pada sistem keuangan dimana bank deposito dan kredit…

    • 778 Words
    • 4 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Wateva
    • 2498 Words
    • 10 Pages

    Wateva

    Maybank was established in 1960, Maybank has grown into an international brand. Malaysia’s financial services leader with presence in 20 countries operating from 2,200 offices, with a workforce of over 47,000. Corporate responsibility is integral to the way they do their business. For more than 50 years ago, they have believed in an actively practiced ‘Putting People First’. To be Maybank customers, investors, partners, employee or even the community. In 1990, Maybank has set up the Tabung Kebajikan Kumpulan Maybank (TKKM), a trust fund through which Maybank could reach out to various communities to bring about good social.…

    • 2498 Words
    • 10 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Japan Net Bank Case Analysis
    • 7098 Words
    • 29 Pages

    Japan Net Bank Case Analysis

    in Japan – that of Internet-only banking. As president of Japan Net Bank (JNB), the first…

    • 7098 Words
    • 29 Pages
    Powerful Essays
    Read More
  • Satisfactory Essays

    Otoritas Jasa Keuangan
    • 813 Words
    • 4 Pages

    Otoritas Jasa Keuangan

    OJK is an independent Institution with authority to regulate, supervise, examine, and investigate Financial Services sector in Indonesia • OJK is funded from the State Budget and/or fees (levy) from parties who conduct their businesses in the financial services sector. With the objective to promote and organize a system of regulations and supervisions that is integrated into the overall activities in the financial services sector The Function of OJK are; • To ensure that the overall activities within the financial services sector are iimplemented in an organized fair organized, fair, transparent and accountable manner • Promotes a financial system that grows in a sustainable and stable manner; and • Protect the interest of Consumer in the Financial Market…

    • 813 Words
    • 4 Pages
    Satisfactory Essays
    Read More

Related Topics