Australian Bank Launches Services in Cambodia

Australia’s ANZ Royal Bank officially launched its operation with Royal Group for banking service in Cambodia, in order to provide customers with modern banking products and services, according to a company statement issued on 15 September 2005.

Ten months after establishing a joint venture bank in Cambodia, ANZ Royal Bank has four branches in Phnom Penh, and plans to open branches in Siem Reap, and Battambang Province in the next six months.

The ANZ has also launched a number of new services, available in Cambodia for the first time - ANZ Royal Internet Banking for personal and business customers and off-site ATMs through an alliance with Caltex and Total service stations. Mobile phone top-ups are also available via its ATM network, in association with local partner Mobitel.

Since ANZ Royal Bank had began opened in Cambodia just a few weeks, with more than 1.300 customers opened their accounts totalling about $USD31 million in deposits.

Meanwhile, Oknha Kith Meng Chairman and Chief Executive Officer of Royal Group said: “This is a significant milestone for Royal Group and for Cambodia, we have established a modern payment system to meet the needs local consumers, small business and tourists seeking safe and secure banking service.”

In coming months, these services will be expanded to include Master Card access via ATMs, EFTPOS services and personal finance products.

INDEX:

	Samdech Prime Minister Address at the United Nations General Assembly
	Australian Bank Launches Services in Cambodia
	Tourists Remarkably Increase Over 8 Months
	Visit to Australia by Chief Commander of Army, Royal Cambodia Armed Force
	Cambodia to Hold 2005 Angkor Wat International Haft Marathon Race
	World Bank’s Aid to Cambodia Education
	Cambodia Pchum Ben Festival
	Formulation of Masterplan for Developing Capital City of Phnom Penh