SBC Bank Signs JCB Card Issuance MOU in Cambodia
Singapore Banking Corporation Ltd. (SBC Bank), a leading commercial bank in Cambodia, signed a memorandum of understanding with JCB International Co., Ltd. (JCBI), the international operations subsidiary of JCB, for the issuance of JCB cards in Cambodia. A ceremony to commemorate the milestone moment was held in Phnom Penh on Monday, attended by Neav Chanthana, Deputy Governor of the National Bank of Cambodia, Yuji Kumamaru, Japan Ambassador to Cambodia, along with other prominent figures. SBC will begin accepting JCB cards in all SBC bank merchants by the end of 2013, and plans to launch the card issuance over the next few years. … The acceptance of JCB cards will open up a world of financial freedom to JCB cardmembers visiting Cambodia for business or pleasure whereby JCB cardmembers can use their cards at over 500 SBC Bank merchants as well as access over 100 SBC Bank ATMs by the end of 2013. SBC Bank is also proud to be the first JCB eCommerce acquirer in Cambodia to provide online payment gateway service which would benefit Cambodia’s growing business and tourism sectors, he [Executive Chairman of SBC Bank Andy Kun] said in the [Japan Corporate News press] release. … Mr. Kimihisa Imada, Deputy President of JCBI believes that Cambodia is “strategically important market for JCB global business expansion” and “one of the most popular destinations for tourist.” “Tourists from Asian region such as Japan, China, Korea, Thailand, and Vietnam, where we are aggressively expanding JCB cardmember base, are expected to increase because of its geographic closeness. I believe this partnership will further increase the level of cardmember convenience, and contribute to the tourism in the market,” Imada said in the press release. …
The Cambodia Herald
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=YWI4OTU3NmNkYmR#sthash.uvnJElMQ.dpuf
