Search form

Login - Register | FOLLOW US ON

Logo of Phnom Penh Post newspaper Phnom Penh Post - Bank of Tokyo opens Phnom Penh office

Bank of Tokyo opens Phnom Penh office

120220_09
Passenger walking pass the Bank of Tokyo Mitsubishi head office in Tokyo.

Japan's second-largest bank, Bank of Tokyo-Mitsubishi UFJ, officially opened a represent-ative office in Phnom Penh on Friday.

The office would serve as an information centre for potential investors and hoped to attract more Japanese companies, Masato Miyachi, general manager of the bank’s Asia and China division, said.

“We will further development in Cambodia by offering effective information geared towards the needs of our Japanese customers,” Miyachi said.

National Bank of Cambodia deputy governor Neav Chanthana said the opening of the office demonstrated Japanese investors’ rising confidence in Cambodia’s banking sector.

The bank had a Phnom Penh branch until 1967, when internal strife led to its closure.

“Now we can resume our history by opening a new representative office here,” Miyachi said.

0

Comments

Please, login or register to post a comment

Latest Video

Khmer Rouge survivors react to First They Killed My Father

Angelina Jolie's First They Killed My Father depicts some of the atrocities committed during the Pol Pot regime. How did watching it feel for those who were alive at the time?

Cambodia's last tile masters: Why a local craft is under threat

Brought over by the French, painted cement tile making has been incorporated into Cambodian design for more than a century, even as the industry has died out in Europe.

Interview: Loung Ung, author of First They Killed My Father

The story of Loung Ung and her family’s suffering under the Khmer Rouge became known around the world with the success of her autobiography.