OSK Indochina Bank plans to open two branches in Phnom Penh today, and the bank's country head said two more would follow by the end of the year. Lim Loong Seng, who also serves as chief operating officer for the Malaysian-owned bank, said he hoped the expansion would help boost public confidence in Cambodia's banking and financial sector. The branches are at the newly opened City Mall and in Steung Meanchey district. OSK, which is 100 percent owned by Malaysia-listed OSK Investment Bank Berhad, commenced banking operations in Cambodia in October last year.
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