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Citibank signs labor deal

| Source: JP

Citibank signs labor deal

JAKARTA (JP): The management of Citibank and the bank's labor
union signed yesterday a collective labor agreement.

The signing of the 10th collective labor agreement in the
labor union's 19-year history was held at the bank's Landmark
Tower B branch, Jl. Jend. Sudirman.

Sabar Sianturi, the director of labor standards of the
manpower ministry, representatives of the Indonesian Employers'
Association and representative of foreign bank's management in
Jakarta witnessed the ceremony.

Edwin Gerungan, the vice president of Citibank N.A., said in
his address that the bank needs to continuously improve the
quality and skills of its staff to face the increasing
challenges, competition and opportunities faced by the bank.
(sur)

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