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Education: University of Melbourne · Location: Hong Kong SAR · + connections on LinkedIn..
TheJakartaPost
“In line with the ongoing global recovery, Indonesian banking looks brighter as more Indonesians want to grow their wealth and protect their family,” Jonathan Larsen, Citibank’s head of consumer banking and global cards for Asia Pacific, said during a recent visit to Jakarta.
With the recovery in the macroeconomic environment in Indonesia, Larsen remarked that Indonesians, particularly those in the growing middle class, had potential for financial success.
Jonathan Larsen, the bank's global head of retail banking and mortgages, resigned at the end of last week.
“More than 7,000 SMEs operating in Tanah Abang regularly conduct transactions for either domestic or international markets. They can altogether generate transactions of Rp 1 trillion or US$100 million per day. ”
“Depending on an individual’s risk appetite and investment needs, banks in Indonesia have come up with an array of financial and wealth management products, ranging from savings and time deposits to mutual funds, bonds and insurance.”
Larsen also believes that today’s fast-paced world encourages and e