Maybank opens 8th branch in Cambodia.

MALAYAN Banking Bhd (Maybank) has opened its eighth branch in Cambodia, in Battambang city which is the second largest after Phnom Penh.

In a statement yesterday, Maybank head of international Abdul Farid Alias said the new branch is in line with the group's strategy of accelerating its network expansion in Cambodia to tap the growing demand for banking services in the country.

"With the Cambodian economy expected to grow by about 4 per cent this year, arising from improved external demand and the easing of credit, we believe this is an opportune time to leverage on the strong business potential and rising demand for banking," said Farid.

Battambang, …