SMBC To Reinforce Biz Cooperation In Cambodia, S.Africa

15 January 2014
Bernama
Banking and financial services / Economic policy and administration / Economy and commerce / Government / International relations
ACLEDA Bank / Japanese aid / Megabank Sumitomo Mitsui Banking Corp / Sumitomo Mitsui Financial Group Inc

Megabank Sumitomo Mitsui Banking Corp. said Tuesday that it will boost business collaboration with Acleda Bank, Cambodia’s leading commercial bank, and Absa Bank in South Africa, Japan’s Jiji Press reported. The Sumitomo Mitsui Financial Group Inc. unit said it has dispatched a staff member to a foreign corporate unit established by Phnom Penh-based Acleda. The employee will provide technical assistance for such services as opening accounts in the local currency and foreign exchange transactions. …

 Bernama News Staff
http://www.bernama.com.my/bernama/v7/wn/newsworld.php?id=1007470