Asia Digest: Citi completes Indonesian consumer unit sale, Nium partners Jeonbuk Bank

Asia Digest: Citi completes Indonesian consumer unit sale, Nium partners Jeonbuk Bank

FILE PHOTO: The Citigroup Inc (Citi) in Toronto, Ontario, Canada October 19, 2017. Picture taken October 19, 2017. REUTERS/Chris Helgren/

Citi has completed the sale and full migration of its Indonesian consumer businesses to UOB Indonesia, while Singapore-based fintech unicorn Nium has partnered South Korea’s Jeonbuk Bank to launch global remittance services.

Edited by: Pramod Mathew