MAYBANK has expanded its international network to over 1,750 offices with the recent opening of its seventh Cambodian branch in the Toul Kork district in Phnom Penh.
The new branch will provide retail and commercial banking services – deposit and placement, trade finance, remittances, foreign exchange and mortgage as well as an automated teller machine.
“This latest branch completes the four new branches we planned to open this year,” Maybank International head Abdul Farid Alias said at the opening officiated by National Bank of Cambodia supervision department deputy director-general Kim Vada.
“We are pleased to be able to expand our network to serve the growing community in Phnom Penh – the locals as well as Malaysian and Singaporean companies with operations in Cambodia.
“The branch will meet the banking needs of the community in the vicinity, focusing on the commercial and retail sectors,” he said, adding that the branch was targeted to turn around in its second year of operations.
Farid said the bank was optimistic about growth prospects in Cambodia based on its seven branches and improving economic conditions in the country and the region. “We are planning to open one more branch by the end of the financial year ending June 30,” he added.
The new branch will provide retail and commercial banking services – deposit and placement, trade finance, remittances, foreign exchange and mortgage as well as an automated teller machine.
“This latest branch completes the four new branches we planned to open this year,” Maybank International head Abdul Farid Alias said at the opening officiated by National Bank of Cambodia supervision department deputy director-general Kim Vada.
“We are pleased to be able to expand our network to serve the growing community in Phnom Penh – the locals as well as Malaysian and Singaporean companies with operations in Cambodia.
“The branch will meet the banking needs of the community in the vicinity, focusing on the commercial and retail sectors,” he said, adding that the branch was targeted to turn around in its second year of operations.
Farid said the bank was optimistic about growth prospects in Cambodia based on its seven branches and improving economic conditions in the country and the region. “We are planning to open one more branch by the end of the financial year ending June 30,” he added.
No comments:
Post a Comment