The Edge Daily
19-03-2008
KUALA LUMPUR: Malayan Banking Bhd plans to set up another four branches in Cambodia in the next two years after opening the second branch to grow its international network and make inroads into the markets where it is already present.
In a statement yesterday, Maybank said the branch, located in Teukthla, Phnom Penh, was in addition to the main branch in Phnom Penh.
“Our second branch in Cambodia will give us better reach and enable us to tap further into the consumer market. This is in line with the bank’s objective to expand our consumer franchise beyond Singapore and the Philippines, where we have a strong presence.
“Also in line with this, we would soon be rolling out automobile financing products in Vietnam through our branches in Hanoi and Ho Chi Minh City,” said Maybank senior executive vice president and head of international business Lim Hong Tat.
19-03-2008
KUALA LUMPUR: Malayan Banking Bhd plans to set up another four branches in Cambodia in the next two years after opening the second branch to grow its international network and make inroads into the markets where it is already present.
In a statement yesterday, Maybank said the branch, located in Teukthla, Phnom Penh, was in addition to the main branch in Phnom Penh.
“Our second branch in Cambodia will give us better reach and enable us to tap further into the consumer market. This is in line with the bank’s objective to expand our consumer franchise beyond Singapore and the Philippines, where we have a strong presence.
“Also in line with this, we would soon be rolling out automobile financing products in Vietnam through our branches in Hanoi and Ho Chi Minh City,” said Maybank senior executive vice president and head of international business Lim Hong Tat.
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