Background
The Cambodia branch was officially opened in December 2014. Bangkok Bank It opened after the National Bank of Cambodia granted it a licence to operate, and targets Thai and foreign customers, local clients, trading partners, foreign investors, and Cambodian businesses. Phnom Penh Post
Established in 1944, Bangkok Bank is one of the largest regional banks in Southeast Asia. Tbcccambodia It is Thailand’s most international bank, with a branch network across nine ASEAN countries: Thailand, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, and Vietnam. Bangkok Bank
Location & Contact
Address: 344 (1st & 2nd Floors), Mao Tse Toung Boulevard, Sangkat Toul Svay Prey I, Khan Chamkarmon, Phnom Penh Scribd
Phone: (855) 23-224 404-9 Fax: (855) 23-224-429 Banks
There is one branch in Cambodia, located in Phnom Penh.
Services Offered
The Cambodia branch provides a wide range of banking products and services including Trade Finance, Corporate Lending, Remittance, Foreign Exchange, Deposit Account Services, and an online cash management solution — enabling customers to view account balances and make payments to beneficiaries within Cambodia and overseas. Bangkok Bank
Target Customers
Since Bangkok Bank expects most of its customers to be Thai businesses and contacts from the bank’s international network wanting to expand into Cambodia, the branch plans to offer services to customers’ trade partners as well as new local customers, providing information and advice for investing in Cambodia. There are also advisory services for Cambodians wishing to expand their business to other countries through Bangkok Bank. Phnom Penh Post
Why Cambodia?
Bangkok Bank President Chartsiri Sophonpanich cited Cambodia’s attractive features: special trading privileges, an abundance of natural resources, low wages, a government policy encouraging foreign investment with no limits on shareholding or capital controls, no restrictions on fund transfers out of the country, reduced income taxes, and import/export tax exemptions. Phnom Penh Post
It’s a corporate-focused branch, best suited for businesses (especially Thai companies) doing cross-border trade, investment, or expansion into Cambodia. It’s not a retail consumer bank in the traditional sense.