Citibank Romania announced the launch of CitiDirect® Online Banking for its corporate customers. CitiDirect enables customers in Romania secure worldwide access to make payments and access information reporting through the Web. This service delivers all the functionality required to create, execute, authorize and transmit a payment in real-time. A range of other corporate banking services will become available in Romania in future releases of CitiDirect as well as additional countries and languages. Romanian language version of CitiDirect will be available for all customers by end of 2001.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
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