Logo of Phnom Penh Post newspaper Phnom Penh Post - In Brief: Maybank opens branch

In Brief: Maybank opens branch

In Brief: Maybank opens branch

KUALA Lumpur-based Maybank opened its sixth Cambodia branch Monday which it hopes will help boost loan and deposit growth by 38 percent and 15 percent respectively by June next year, according to a press release. The branch was opened near Phnom Penh’s Olympic Stadium, it added. “The new branch will tap the growing opportunities in Cambodia,” Abdul Farid Alias, Maybank’s senior executive vice president, said in the announcement, adding that deposits and total assets for Cambodia operations grew by 27 percent over the past three years.

MOST VIEWED

  • Diplomatic passports issued to foreigners to be annulled

    The Ministry of Foreign Affairs and International Cooperation will move to annul diplomatic passports issued to those not born in Cambodia. Analysts say the move may be in relation to reports that former Thai prime minister Yingluck Shinawatra used a Cambodian passport to register as

  • The hairy little heroes saving many lives in rural Cambodia

    IN RURAL Siem Reap province, rats dare to tread where no person will, as these hairy little heroes place their lives on the line each day for the good of the local community. The rodents are the most important members of a special team, leading

  • Hun Sen warns Irish MP of EBA ‘mistake’

    Prime Minister Hun Sen on Saturday told former Irish premier Enda Kenny, still a member of the EU nation’s parliament, that the 28-nation bloc should not make a “third mistake” regarding Cambodia by using the preferential Everything But Arms (EBA) agreement to “take 16 million

  • PM warns EU and opposition on 34th anniversary of his rule

    HUN Sen reached the milestone of 34 years as Cambodian prime minister on Monday and used the groundbreaking ceremony for a new ring road around Phnom Penh to tell the international community that putting sanctions on the Kingdom meant killing the opposition. “Please don’t forget