Phnom Penh (FN), Sept. 5 – MB Bank Cambodia was officially inaugurated on 4 September 2019 with a ribbon-cutting ceremony presided over by H.E Chea Chanto, governor of National Bank of the Kingdom of Cambodia, together with the presence of senior government officials, diplomats and businessmen.

The opening of a new office at #146, Preah Norodom Blvd, Sangkat Tonle Bassac, Khan Chamkamorn, Phnom Penh, Kingdom of Cambodia, marks an important milestone in the development strategies and business expansion of MB Bank. This is a crucial step taken by MB Bank Cambodia to raise its brand awareness and better serve growing demand of local customer.

The first branch of MB Bank in Cambodia was officially launched on 20 December 2011, with an initial capital of USD 39 million, which now reaches USD 85 million and total assets of 168 USD million. “We are thrilled to expand our footprint into the wonderfully vibrant community of Phnom Penh,” said Mr Kieu Sarang, MB Ou Reusei Branch Manager.

“As a commercial-focused financial institution, we believe our core values and relationship-based banking philosophy meet the personal and business banking needs of Cambodia. We look forward to supporting the thriving commercial and small business enterprises.”

“As a part of MB Bank, Cambodia branch commits to provide high-quality banking products and services to our dear customers” Mr Trinh Duc Cuong, Executive Director. This new location will strengthen MB Bank’s presence and provide customers with convenient access to banking facilities and services. Also, this new branch can take advantage of its ideal location to boost its invisibility among the local community.

Catching this opportunity, MB Bank Cambodia expect to create a strong image in the industry and boost up the business by providing remarkable products and services to meet customer needs in a professional and profitable manner.

MB Bank Cambodia is a subsidiary of MB Group’s in Vietnam. The Branch is also recognized as one of the pioneers in the application of advanced technology into products development and Digital transformation of Banking services with the introduction of a mobile applications, such as eMoney for both individual and non-individual customers, or electronic banking services, loan products, and other services such as Current & Savings accounts, Term Deposits, eSaving the first mobile saving in Cambodia, Car loan, home loan, Business loan, and SME Trade & Finance facilities.

About MB Bank Cambodia

MB’s first branch in Cambodia with the brand name “MB Bank Phnom Penh” was officially launched on 20th December 2011 and now MB Bank Cambodia is located at No 439, Monivong Boulevard (93), corner street 214, Sangkat Boeung Prolit, Khan 7 Makara, Phnom Penh, Cambodia.

MB Bank Cambodia is a strong bank in the development of modern banking services, especially banking and telecommunication services. MB Bank Cambodia is also a pioneer bank in introducing and deploying banking transactions through mobile applications, such as eMoney for both customers and businesses, or electronic banking services, loan products, and other services.