Subscribe Search

Search form

Logo of Phnom Penh Post newspaper Phnom Penh Post - First Western Bank Opens

First Western Bank Opens

First Western Bank Opens

The Standard Chartered Bank, one of England's oldest, took the lead among European

and North American banks when it recently opened a representative office in Phnom

Penh. With the bank's presence in Cambodia, it now operates in 62 countries throughout

the world.

The bank's Cambodia manager, John Janes, said the bank is particularly strong in

Southeast Asia. "We are a known name throughout the region," he said. Standard

Chartered currently maintains 94 branch offices in ASEAN countries, with more than

350 branches worldwide.

Standard Chartered is no stranger to Cambodia. They opened their first branch in

Phnom Penh in 1954, and, after nationalization, maintained a representative office

here until 1974.

The bank is developing its operations in Phnom Penh gradually. Current services available

include assistance to other Cambodian banks with their international transactions,

and providing advice and confirming letters of credit. Standard Chartered is located

at 95A Sivutha Blvd., Phnom Penh.

RECOMMENDED STORIES

  • Thy Sovantha threatens new suit

    Social media celebrity and card-carrying CPP member Thy Sovantha yesterday said she will file a lawsuit against wildlife NGO head Suwanna Gauntlett alleging discrimination after the latter allegedly denied her access to an ecotourism program the group is launching today in Koh Kong province. The

  • Police raid Siem Reap party, arrest 10 foreigners over ‘pornographic’ images

    A group of 10 foreign tourists appeared in court today after being arrested for producing “pornographic” photos in Siem Reap town on Thursday, while dozens more were detained temporarily and let go after being lectured on their behaviour, according to authorities. A report posted to the

  • Hun Sen’s in-law removed from RCAF after cockfighting rings raided

    Thai Phany, the nephew-in-law of Prime Minister Hun Sen who is accused of running two large cockfighting rings, has been removed as a general in the Royal Cambodian Armed Forces. Phany, formerly a one-star brigadier general, was removed by royal decree on December 19, according to

  • Government approves plan to relocate Phnom Penh’s airport

    The government has signed off on a proposal to build a new airport to serve Phnom Penh and has earmarked land in Kandal province for the $1.5 billion project. A new international airport to replace the existing Phnom Penh International Airport will be constructed on partially