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OSK opens branches

OSK Indochina Bank Limited (OSKIBL) opened four new branches in Phnom Penh on Tuesday as part of the Malaysian bank’s strategy to reach more of the Cambodian population, Chief Operating Officer Lim Loong Seng said at an official launch event. The bank, which began operating in the Kingdom in October last year, now has 1,600 customers with deposits totalling more than US$10 million, he added. Loans have increased to more than $15 million. The new branches are located at City Mall Olympic, Steung Meanchey, Kbal Thnal and Pet Lok Song.

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