Mizuho bank links up with Maybank and Canadia

10 September 2013
The Phnom Penh Post
Banking and financial services / Economy and commerce / Foreign investors / Investment
Aeon Mall (Cambodia) Co Ltd / Bank of Tokyo-Mitsubishi UFJ Ltd. (BTMU) / Canadia Bank Plc / Council for the Development of Cambodia / Greater Mekong Sub-region (GMS) / Japanese aid / Japanese Business Association of Cambodia / Lee Tien Poh / Maybank (Cambodia) Plc / Michael Lor / Mizuho Bank Ltd. (MHBK) / Sofitel Hotel / Sumitomo Mitsui Banking Corporation (SMBC) / Yasuhiro Sato

Japan-based Mizuho Bank (MHBK) has signed an agreement with two well-established banks in Cambodia that is designed to help Mizuho leverage a wider range of financial services when dealing with Japanese clients.

The memorandum of understanding was inked on Friday in Phnom Penh between Mizuho’s president and CEO, Yasuhiro Sato, Maybank (Cambodia) CEO Lee Tien Poh, and Canadia Bank CEO Michael Lor.

“We have been providing information to Japanese corporations entering the Cambodian market,” Sato said on Friday. “As a bank with a reputation for strength in the Greater Mekong subregion, MHBK will use this memorandum of understanding to provide high-quality financial services to meet the diverse needs of our customers.” …

At the end of March, there were 115 members of the Japanese Business Association of Cambodia, compared to 101 at the end of 2012. …

 May Kunmakara
http://www.phnompenhpost.com/business/mizuho-bank-links-maybank-and-canadia