LBBW expands network in Asia - new representative office in Jakarta
LBBW has further expanded its international network by opening a representative office in the Indonesian capital Jakarta. The bank is now represented internationally at 18 locations in 17 countries.
With its global network, LBBW aims to provide direct local support to medium-sized customers and savings bank customers in particular with its foreign business activities, especially in growth markets.
“As part of our strategy for international business, we want to expand our business activities in a controlled manner in Asia in particular,” explains Dr Christian Ricken, the member of the LBBW Board of Managing Directors responsible for international business.
“With the representative office in Jakarta, we offer our customers a local contact point where we can directly establish important contacts with Indonesian importers, banks, institutions and public authorities," says Jens Rübbert, head of the Asia-Pacific region at LBBW.
The head of the representative office in Jakarta is Leonard Anilaputra Eggert. The 29-year-old German with Indonesian roots previously worked at the LBBW branch in Singapore for four years, allowing him to develop in-depth expertise in the field of export and trade finance and extensive knowledge of the local markets.