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 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.