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In 2008, Citibank will be growing up to 20%

If until the end of the year 2007, our economic growth can be reaching to the amont 6.5 percent, Citibank believes that their business in Indonesia has targeted will be growing up to 15-20 percent (www.okezone.com). 

Refer to Non Performing Loan (NPL) of credit card sector in Citibank, Country Business Manager for Indonesia, Shariq Mukhtar, said that it will not influence significantly, cause the NPL’s case in Citibank is very low. 

While, subprime mortgage crisis in United Stated of America (USA) and price increasing of oil in the world continously, also will not influence the growth’s has targeted of Citibank representative in Indonesia. As we know that curently, Citibank is one of the biggest bank in USA.

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