OSK Indochina Bank starts operation in Cambodia
Posted by Bao Viet Nam on October 11, 2008
Hanoi (VNA) - OSK Indochina Bank Ltd (OSKIBL) started commercial banking operations in Phnom Penh, Cambodia on October 10.
It will offer a full range of retail and commercial banking products and services as well as foreign exchange and capital market expertise, it was quoted by Malaysia’s Strait Times Online as saying.
The official opening is slated for October 20, with the banking licence to be handed to OSKIBL by the Governor of the National Bank of Cambodia, the news network said, adding that OSK is a regional financial services group listed on the Main Board of Bursa Malaysia Securities since 1991.
The group commenced business in 1963 in Malaysia and has since expanded geographically to several countries in Asia. It employs 2,500 professionals in more than 50 locations across its network.
OSK’s subsidiaries are licensed to conduct investment banking, securities trading and asset management activities in Malaysia, Singapore, Hong Kong (China) and Indonesia.-
