Malayan Banking Bhd (Maybank) has opened its 10th branch in Cambodia. Located in Kampong Cham, an established trading district, the outlet is about 125km from Phnom Penh and close to the borders of Vietnam and Thailand.
“With a population of about two million, Kampong Cham's economy is driven by a strong agro-based industry comprising mainly rubber factories and rice millers. Other key industries in the area include manufacturing and processing of wood and timber products,” the bank said in a statement yesterday.
“The Maybank Kampong Cham branch is ready to provide a full range of banking products and services, among them deposits, mortgage financing, working capital & trade financing, credit card encashment, ATM facilities and remittances.”
Maybank deputy president and head of global wholesale banking Abdul Farid Alias said in the statement that Maybank's ATM facilities were not only linked within Cambodia, but also the bank's regional network covering Malaysia, Singapore, the Philippines, Brunei and Indonesia.
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