Bridge Capital, LLC, a financial services company with headquarters in the Commonwealth of the Northern Mariana Islands, announced yesterday the opening of Angkor Capital Bank, a full service commercial bank in Phnom Penh, Cambodia.
Angkor Capital Bank is strategically located in the capital city of Cambodia with an estimated population of 2 million. The country has a total population of 16 million as of 2007. Operating from a modern glass-clad five-story building on the prestigious Norodrom Boulevard, the bank is the first to be invested in by American shareholders and offers a totally new, American-style banking experience. The bank is headed by Alex Ng, a Malaysian who is the former general manager for Cambodian Public Bank, one of the top three banks currently operating in the country. He is assisted by four other experienced managers and 19 additional staff members.
The bank will provide deposits, remittances, and loans to Cambodians, non-governmental organizations, and expatriate individuals and companies currently having investments in the country. It will specialize in targeting customers from the tourism, manufacturing, and agricultural industries which are the current economic growth engines of the country.
Angkor Capital Bank aims to open branches in all major provinces of the country in the near future to ensure better coverage and more efficient services. (PR)
Angkor Capital Bank is strategically located in the capital city of Cambodia with an estimated population of 2 million. The country has a total population of 16 million as of 2007. Operating from a modern glass-clad five-story building on the prestigious Norodrom Boulevard, the bank is the first to be invested in by American shareholders and offers a totally new, American-style banking experience. The bank is headed by Alex Ng, a Malaysian who is the former general manager for Cambodian Public Bank, one of the top three banks currently operating in the country. He is assisted by four other experienced managers and 19 additional staff members.
The bank will provide deposits, remittances, and loans to Cambodians, non-governmental organizations, and expatriate individuals and companies currently having investments in the country. It will specialize in targeting customers from the tourism, manufacturing, and agricultural industries which are the current economic growth engines of the country.
Angkor Capital Bank aims to open branches in all major provinces of the country in the near future to ensure better coverage and more efficient services. (PR)
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