Profile Of Foreign Bank Which Operats In Indonesia

CITIBANK

Citibank was founded in 1812 as the City Bank of New York. In 1894 in the largest bank in the United States. In 1902 he began an expansion throughout the world and became the first bank in the us that has the State Department. In 1930 he became the world's largest banks with over 100 branches in 23 countries. He changed his name to The First National City Bank of New York in 1955, and later became the First National City Bank in 1962 and became a Citibank in 1976.

Citibank was the first u.s. bank to introduce ATMs in the 1970s, in order the reduction of the "teller" humans and provide 24-hour account access.

Citibank now is the consumer and corporate bank from financial services giant Citigroup, its largest company in the world. Citibank operates in more than 50 countries in the world. More than half of its 1,400 offices are in the US, mostly in New York City, New York, Chicago, Illinois, Miami, Florida, and Washington, d.c., and also in California.

The Bank also offers insurance and investment products. They offer online services and is one of the most successful, with about 15 million users.

Global Consumer Banking

Citibank, N.A. Indonesia Branch, ("Citibank") is a branch of Citibank, N.A., headquartered in New York, u.s.a. Citigroup Inc. ("Citigroup") fully owns Citibank, N.A.

We first present in Indonesia in 1918 through the company before that, The International Banking Corporation in Batavia and Surabaya. Although the branch was closed in the 1920s, Citibank back in Jakarta in 1968 and offers a range of banking services.

Global Consumer Group is one of the main business in Citibank Indonesia which manages financial services consumer market. Consists of 4 business groups, namely banking services (Retail Banking), credit cards, credit Without Collateral – Personal Loan and Citifinancial.

2007 – Indonesia Bank Loyalty Award

Savings Account and Credit Card CategoryInfoBank (February 2008)

2007 Best Internet Bank

Global Finance (August 2007)

eCompany Award 2007

The Most Innovative Economic News (August 2007)

Best Financial Performance

Infobank (July 2007)

2005-2007 Indonesia Best Brand Award Award

SWA Magazine

The Best Foreign Bank

Investors (July 2007)

The Best Foreign Bank

Finance Asia (June 2007)

Indonesia Most Admired Company 2006 (2 consecutive years)

Business Week and FrontierMarketing Research (June 2007)

Best Wealth Management and Retail Banking Service Satisfaction Index & 2007

Marketing Magazine & CCSL (April 2007)

Best Corporate PR Program

Mix Magazine (January 2007)

JOB CONDITIONS

JOB CONDITIONS	WORKERS RATING	MANAGERS RATING
Full appareciation for work done	(1st)	(5th)
Feeling “in” on things	(7th)	(4th)
Sympathetic understanding of personal problems	(6th)	(3rd)
Job security	(4th)	(8th)
Good wages	(3rd)	(9th)
Interresting work	(2nd)	(6th)
Promotion & growth with company	(10th)	(10th)
Management loyalty to workers	(9th)	(1st)
Good working conditions	(5th)	(7th)
Tactful discplining	(8th)	(2nd)

WORKERS RATING

FULL APPRECIATION FOR THE WORK DONE (1st)

Appreciation to the employees needs to be done to better the job again in spirit. Appresiasi is done by the owner of the company.

Feeling "in" on the thing  (7th)

It was instrumental in the company's

Sympathetic understanding of personal problems (6th)

Sympathetic to employees needs to be done, in order for the employee to feel comfortable

Job security  (4th)

Very important for the comfort of the workers

Good wages  (3rd)

For the welfare of workers, and in return has been working with karna. Granting the wage must be adapted to the job.

Interresting work (2nd)

So that employees working the company more passion again and no saturation felt by workers.

Promotion & growth with company (10th)

Great for workers and to the company ahead. And can develop more business

Management of loyalty to workers (9th)

The Manager of a loyal worker will seriously to the task

Good working conditions (5th)

If conditions are good workers can do their job well

Tactful disciplining (8th)

With disciplined workers will be more menghagai time

MANAGERS RATING

FULL APPRECIATION FOR THE WORK DONE (5th)

A Manager better prioritize its work, and focus on the task given to the superior

Feeling "in" on the thing  (4th)

A Manager did not prioritize its not his job

Sympathetic understanding of personal problems  (3rd)

Dalam menjalankan tugasnya masalah pribadi tidak dibawa – bawa kedalam pekerjaan. Pekerja diharuskan lebih propesional dalam tugasnya

Job security (8th)

Keamanan dalam bekerja adalah salah satu kunci utama dalam kesuksesan perusahaan tersebut

Good wages (9th)

Pemberian upah yang sepadan yang telah seorang karyawan telah melakukan tugasnya

Interresting work (6th)

Seorang manajer yang mengantur perusahaan tersebut, begitu pila dengan menciptakan pekerjaaan menjadi menarik

Promotion & growth with company (10th)

Sebagai seorang manajer yang profesial tugasnya memajukan perusahaan tersebut agar berkembang

Management loyalty to workers (1st)

Manajer harus loyal terhadap bawahannya, agar menjadi atasan yang di segani oleh bawahannya. Atasan dan bawahan harus saling memiliki rasa solidaritas

Good working conditions  (7th)

Kondisi kerjas yang baik di lingkungan perusahaan akan menimbukan kenyaman bagi para pekerjanya, yang dapat dinikmati oleh atasan maupun bawahan

Tactful disciplining (2nd)

Dengan adanya disiplin yang tinggi dari seorang manajer akan memberikan contoh yang baik kepada karyawan yang lainnya

HIGH COST ECONOMY IN INDONESIA

The Indonesian government intends to "debureaucratize" itself in order to eliminate the high-cost economy in the country, a senior economic minister said here on Thursday. "Incentives for the business world need not always mean giving them fiscal facilities. They can also come in the form of a debureacratization process to overcome the high-cost economy," Antara news agency quoted Coordinating Minister for Economic Affairs Aburizal Bakrie as saying.

However, the government's intention to eliminate the high-cost economy could not be achieved in a short time. "This goal cannot be achieved in one or two weeks' time because it will be a matter of decades. But we are serious in our intention as the high-cost economy will only lead to incompetence. All business circles want the bureaucracy to work faster and more efficiently than it is doing today," he said. Indonesia has the largest economy in Southeast Asia and is one of the emerging market economies of the world. The country is also a member of G-20 major economies and classified as a newly industrialized country.

It has a market economy in which the government plays a significant role through ownership of state-owned enterprises (the central government owns more than 160 enterprises) and the administration of prices of a range of basic goods including fuel, rice, and electricity. In the aftermath of the financial and economic crisisthat began in mid-1997 the government took custody of a significant portion of private sector assets through acquisition of nonperforming bank loans and corporate assets through the debt restructuring process. Since 2004 the economy has recovered and growth has accelerated to over 6% in recent years.

Indonesia regained its investment grade rating from Fitch Rating in late 2011, and from Moody's Rating in early 2012, after losing its investment grade rating in December 1997 at the onset of the Asian financial crisis which Indonesia spent more than Rp450 trillion ($50 billion) to bail out lenders from banks. Fitch raised Indonesia's long-term and local currency debt rating to BBB- from BB+ with both ratings is stable. Fitch also predicted that economy will grow at least 6.0% on average per year through 2013, despite a less conducive global economic climate. Moody’s raised Indonesia's foreign and local currency bond ratings to Baa3 from Ba1 with a stable outlook

The high-cost economy is generated by the illegal economic practices play an important role in helping accelerate inflationary pressures, as well as a barrier to the fundamental factors such as the exchange rate of the rupiah and the stock of goods and money. the high-cost economy has big advantages compared to other costs that actually occurred in this trend is the high barriers to entry of the industry where cost issues are prominent and in the creation of large economies of scale In relation to the size of the modern market of clean water, energy, telecommunications and electricity is very expensive to build transmission networks (water, gas pipeline, electricity and telephone lines).

conversation

SUSAN: Hello Mr. Harris

MR.HARRIS: Hello susan

SUSAN: Good morning

MR.HARRIS: Good moring too

SUSAN: How are you?

MR.HARRIS: I'm fine, thankyou and you?

SUSAN: So am I

MR.HARRIS: what about your work?

SUSAN: my work is done well

MR.HARRIS: Good job

SUSAN: Oh thankyou

MR.HARRIS: I like your work. You're a hard worker

SUSAN: Thankyou. I do this for the sake of this insurance company, headed by Mr.

MR.HARRIS: Okay, thankyou. The hard work of you during this

SUSAN: Yes! Same same pack. Senag teamed up with Mr.

MR.HARRIS: yeah me too

SUSAN: But sorry pal earlier maybe next month I'll resign inside this father

MR.HARRIS: Why can be so?

SUSAN: I am a mother I have children. I chose to resign in order to take care of my kids.

MR.HARRIS: but what about the jobs you inside me?

SUSAN: this Might have become the best decision my Pack

MR.HARRIS: and you leave your profession is that you wake up with hard work?

SUSAN: Yes of course. I would leave my job, my profession, my livelihood for the sake of my children's children

MR.HARRIS: why do you thinks so? What is the salary provided insufficient company needs you?

SUSAN: Don't Pack the salary that was given to me it all more than enough

MR.HARRIS: and are you already bored with this job?

SUSAN: no Sir, I love my job is

MR.HARRIS: why do you want the Llu leaving this job?

SUSAN: maybe this is an option I found the point of saturated

MR.HARRIS: Oh yes! When in a job you can be going forward in the future you

SUSAN: Oh

MR.HARRIS: what about your family? Son your son that still cost money to life?

SUSAN: my husband Let alone make a living for my family

MR.HARRIS: But it still need the services of you, and you are still plays an important role inside this

SUSAN: as important as there are concerned with you/I

MR.HARRIS: Yes! You are hard-working people, I love to work with you

SUSAN: thank you Sir

MR.HARRIS: so you consider the return well above that which you leave this profession

SUSAN: Well Sir, thank you

MR.HARRIS: Okey

Dialog

Haykal: Hay! Good morning!

Devy: Hay! Good morning

Haykal: I'm good how are you?

Devy: Mee too, I'm fine thanks

Haykal: By the way. Do ypu have a job for me/

Devy: Yes, I have a job

Haykal: what is that job?

Devy: Vacancies pekerjan as security

Is't Haykal: Oh okay! Where can I contact the Office to receive that job?

Devy: you can come to my Office. Bali margonda no: 19

Haykal: what about salary could say get?

Devy: Don't worry. His salary in accordance with the standard of work

The nominal salary Haykal: How can I get?

Devy: maybe you will get a salary of about 1,000,000

Haykal: How the environment works there?

Devy: There are sites, many facilities can you use

Haykal: Wow! What are these facilities?

Devy: you can use the facilities already provided by the Office, such as kitchen employee, musholah, and internet facilities are available such as wifi

Haykal: what the shortcomings of the Office?

Devy: if it's late at times of power outages

Haykal: what about employees who were there?

Devy: employees who are there have various backgrounds in productive age

Haykal: Wow very nice

Devy: Yes of course

Haykal: When can I start work?

Devy: Tomorrow you can directly work

Haykal: what are the requirements I need to bring?

Devy: you simply bring your identity and bring a cv you have created

Haykal: when in an interview?

Devy: you can come to my office tomorrow the way margonda no: 19

Haykal: well I'll come to your Office

Devy: Ohya to transport it will be borne by our Office

Haykal: Okey thanks dev for information work that you gave to me

Devy: Your welcome

Haykal: well then see you tomorrow dev, nice to meet you

Devy: ok! Nice to meet you too dev. Seee you tomorrow

Haykal: Okey bye

THE CHALLENGES OF PERSONNEL MANAGEMENT

The twentieth century will be remembered for what accomplishment? Unlocking the fury of the otom? Landing on the moon ? Computers? With less than two decades remaining in this century, the most noteworthy accomplishment is hard to pinpoint. It may not even have happened yet. But a quick review of major events reveals common element: organizations.

Atomic power was first unleashed by a group of scientists working in an organization called the Manhattan Project. Moon exploration was made possible through the coordinated efforts of those in another organization called the were first developed by Sperry Rand and other organization. In each case, organizations marshaled the resources needed to achieve these land mark accomplishments.

Even on a more day to day basis, organizations play a central role in our lives. The water we drink, the food we eat, the clothes we wear, and the vehicles we drive are products of organization. When future historians view our era, they may see twentieth-century organizations as our greatest accomplishment. Certainly, they will agree with the essayist who penned:

Organizations are the most inventive social arrangements of our age and of civilization. It is a marvel to know that tens of thousands of people with highly individualized backgrounds, skills, and interests are coordinated in various enter prises to pursue common institutionalized goals. 

People are the common element in every organization. They create the objectives, the innovations, and the accomplistments  for which organizations are praised. When looked at from the perspective of the organization, people are resources. They are not inanimate resources, such as land and capital; instead, they are human resources . Without them, organizations do not exist. The following incident shows how decisively important human resources can be.