HLB celebrates the grand opening of its first operations in Phnom Penh, Cambodia

Phnom Penh, 23 August 2013 – Hong Leong Bank (Cambodia) Plc. (“Hong Leong Bank Cambodia”, “the Bank”), a wholly owned subsidiary of Hong Leong Bank Berhad Malaysia celebrated the opening of its first banking operations in Phnom Penh, allowing it to serve business and retail customers in Cambodia.

The opening ceremony was officiated with a ribbon cutting ceremony by Mr. Joe Farrugia, Chief Executive Officer of Hong Leong Bank Cambodia, Tan Sri Quek Leng Chan, Executive Chairman of Hong Leong Group and Mr. Raymond Choong, Chairman of Hong Leong Bank Cambodia Board of Directors, who were joined by several members of the Bank’s Board of Directors and senior officers. In attendance and presiding the opening ceremony was also H.E. Chea Chanto, Governor of the National Bank of Cambodia.

Mr. Tan Kong Khoon, Group Managing Director of Hong Leong Bank said, “We are very excited about establishing and building Hong Leong’s presence here in Cambodia, and are pleased to play our part in the community we serve in. We will leverage our knowledge and expertise in the region and share the best practices that we have developed from our more than 100 years banking experience in Malaysia. We are here to stay and committed to growing and contributing to the banking sector in Cambodia as well as its broader economy.”

Hong Leong Bank Cambodia will cement Hong Leong Bank’s legacy of meeting the evolving needs of customers and offering them a broad range of banking and specialized financial services in Cambodia. The bank will be rolling out six highly relevant banking products - Savings Account, Current Account, Remittance and Basic Treasury facilities, along with business and mortgage loans.

Hong Leong Bank Cambodia Chief Executive Officer, Mr. Joe Farrugia, added, “With our philosophy of value creation and commitment to local embedment, we will be able to provide the Cambodian community easy access to banking services that are progressive, relevant, bespoke and efficient. We want our customers in Cambodia to grow with us as we continue to expand our offerings, helping them with their financial needs.”

Hong Leong Bank is part of the Hong Leong Group whose core businesses include banking & financial services, manufacturing & distribution, property development & investments, hospitality & leisure and principle investments with presence in North and Southeast Asia, Western Europe and the UK, North America and Oceania.

Hong Leong Bank Cambodia is located at No. 28, Samdech Pan Avenue (St. 214) in the main business center of Phnom Penh, Cambodia.

 

 

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