JAKARTA, NNC - Citi Indonesia has been recognized as one of Best Primary Dealer in the issuance of government bonds in 2017 from the Indonesia Ministry of Finance. This prestigious award is given to the Primary Dealers based on their performances in managing the state bonds. This is Citi’s sixth consecutive time receiving the award.
Batara Sianturi, CEO of Citi Indonesia, noted that “We are truly humbled by the trust and opportunity the Indonesian government has given us. This award demonstrates our commitment to the country’s development as we are committed to continue to play an important role locally as well as globally.”
In addition, Citi Indonesia’s Head of Markets and Securities Services Franziska Wagiu added, “As one of the Primary Dealers, Citi has the opportunity to assist the government in providing funding options, along with market deepening debt securities trading. We always believe that when we do the right things right, we and the clients win.”
The award was handed over by Luky Alfirman, Director General of Budget Financing and Risk Management at the Ministry of Finance during the 2018 Investor Gathering event held recently by the General Directorate of Budget Financing and Risk Management at the Ministry of Finance. Citi Indonesia is one of the primary dealers, which currently consist of 16 banks and 4 securities houses.