KUALA LUMPUR: MALAYAN BANKING BHD [] officially opened its 10th branch in Cambodia on Friday, April 29 which would provide a full range of banking products and services.
The latest branch, which is in Kampung Cham, is about 125 km 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.
Maybank said the branch was declared opened by the deputy governor of Kampong Cham, Lun Lim Thai. Among those present were the Ambassador of Malaysia to Cambodia, Datuk Pengiran Mohd Hussein, head of Maybank overseas operations Abdul Malek Mohd Khair and Country Head of Maybank Cambodia Jubely Pa.
Maybank deputy president & head of global wholesale banking, Abdul Farid Alias said the branch was ready to provide a full range of banking products and services. They include deposits, mortgage financing, working capital & trade financing, credit card encashment, ATM facilities and remittances.
He said the ATM facilities also linked with its regional network covering Malaysia, Singapore, Philippines and Brunei as well as Indonesia.
'Maybank ATM cardholders have the convenience of withdrawing cash at any of these locations without any charges as part of our regional ATM link,' he said.
Farid said the new branch was part of Maybank's regional business growth plan which aims to expand the Group's network in Cambodia to 11 branches by the end of 2011.
The latest branch, which is in Kampung Cham, is about 125 km 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.
Maybank said the branch was declared opened by the deputy governor of Kampong Cham, Lun Lim Thai. Among those present were the Ambassador of Malaysia to Cambodia, Datuk Pengiran Mohd Hussein, head of Maybank overseas operations Abdul Malek Mohd Khair and Country Head of Maybank Cambodia Jubely Pa.
Maybank deputy president & head of global wholesale banking, Abdul Farid Alias said the branch was ready to provide a full range of banking products and services. They include deposits, mortgage financing, working capital & trade financing, credit card encashment, ATM facilities and remittances.
He said the ATM facilities also linked with its regional network covering Malaysia, Singapore, Philippines and Brunei as well as Indonesia.
'Maybank ATM cardholders have the convenience of withdrawing cash at any of these locations without any charges as part of our regional ATM link,' he said.
Farid said the new branch was part of Maybank's regional business growth plan which aims to expand the Group's network in Cambodia to 11 branches by the end of 2011.
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