RHB opens new branches in Cambodia


KUALA LUMPUR: RHB Indochina Bank Ltd, a member of the RHB Banking Group, officially opened two new branches in Cambodia today.

The Mao Tse Tung and Boeung Keng branches will offer customers retail and commercial banking products and services.

It includes over-the-counter transactions comprising current account, savings account, fixed deposit, remittances, foreign exchange, money transfer services, trade financing and loan facilities, RHB said in a statement.

“The branches are also equipped with the industry’s first 24-hour full-function Automated Teller Machine (ATM) services for cash deposits, cash withdrawal, cheque deposit and cross-currency withdrawals,” it said.

The new branches mark RHB Indochina Banks 10th and 11th to be opened in Cambodia over eight years, bringing it to a total of seven in Phnom Penh and four in the provinces.

RHB Indochina Banks assets grew 62% in 2015 and has been growing at an average of 50% every year since inception.

RHB commenced business in Cambodia in 2008. - Bernama

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