SHB forms subsidiary in Cambodia
(VOV) -Saigon-Hanoi Commercial Joint Stock Bank (SHB) has announced the formation of a wholly owned subsidiary in Cambodia, SHB Cambodia Bank with maximum authorized registered capital of US$50 million.
Recently, SHB has opened its third branch in Cambodia’s Toul Kouk district Cambodia. Its fourth branch SHB Por Senchay is planned to be founded in the near future.
Apart from SHB, many Vietnamese banks have made their foray into in Cambodia, including BIDV, Sacombank, MB and Agribank.
Apart from SHB, many Vietnamese banks have made their foray into in Cambodia, including BIDV, Sacombank, MB and Agribank.