A Change of Guard

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Tuesday, 21 February 2012

Bank of Tokyo opens Phnom Penh office

May Kunmakara
Monday, 20 February 2012
Phnom Penh Post

Japan's second-largest bank, Bank of Tokyo-Mitsubishi UFJ, officially opened a represent-ative office in Phnom Penh on Friday.

120220_09
Reuters
Passenger walking pass the Bank of Tokyo Mitsubishi head office in Tokyo.
The office would serve as an information centre for potential investors and hoped to attract more Japanese companies, Masato Miyachi, general manager of the bank’s Asia and China division, said.

“We will further development in Cambodia by offering effective information geared towards the needs of our Japanese customers,” Miyachi said.

National Bank of Cambodia deputy governor Neav Chanthana said the opening of the office demonstrated Japanese investors’ rising confidence in Cambodia’s banking sector.

The bank had a Phnom Penh branch until 1967, when internal strife led to its closure.

“Now we can resume our history by opening a new representative office here,” Miyachi said.

1 comment:

Anonymous said...

Does anyone know Western Union Bank belonge to who? England? I'm trying to find this bank here in US, banking with them, but I can't find one...? May be in DC?