Cambodia’s ANZ Royal Bank eyes Myanmar

ANZ-Royal-Bank-in-CambodiaANZ Royal Bank, the third largest private bank in Cambodia, has held discussions with the director general of the Directorate of Investment and Company Administration (DICA) in Myanmer regarding the bank’s possible investment in Myanmar’s banking and financial sector, according to Eleven Yanmar.

At the meeting, held on December 2 in Naypyitaw, the two sides discussed rules and regulations of the new investment law and business affairs. It was the second meeting between ANZ Royal Bank and DICA officials.

Established in 2005, ANZ Royal bank is based in Phnom Penh, Cambodia. It has 23 branches and operates banking and financial services in 32 countries including the US, Germany, Malaysia, Singapore, India, Thailand, Japan, Korea and Vietnam.

The bank is a joint venture of Australia’s ANZ and Cambodia’s Royal Group Company (RGC). It also offers an institutional team to assist multinational businesses operating in Cambodia.



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ANZ Royal Bank, the third largest private bank in Cambodia, has held discussions with the director general of the Directorate of Investment and Company Administration (DICA) in Myanmer regarding the bank’s possible investment in Myanmar’s banking and financial sector, according to Eleven Yanmar. At the meeting, held on December 2 in Naypyitaw, the two sides discussed rules and regulations of the new investment law and business affairs. It was the second meeting between ANZ Royal Bank and DICA officials. Established in 2005, ANZ Royal bank is based in Phnom Penh, Cambodia. It has 23 branches and operates banking and financial...

ANZ-Royal-Bank-in-CambodiaANZ Royal Bank, the third largest private bank in Cambodia, has held discussions with the director general of the Directorate of Investment and Company Administration (DICA) in Myanmer regarding the bank’s possible investment in Myanmar’s banking and financial sector, according to Eleven Yanmar.

At the meeting, held on December 2 in Naypyitaw, the two sides discussed rules and regulations of the new investment law and business affairs. It was the second meeting between ANZ Royal Bank and DICA officials.

Established in 2005, ANZ Royal bank is based in Phnom Penh, Cambodia. It has 23 branches and operates banking and financial services in 32 countries including the US, Germany, Malaysia, Singapore, India, Thailand, Japan, Korea and Vietnam.

The bank is a joint venture of Australia’s ANZ and Cambodia’s Royal Group Company (RGC). It also offers an institutional team to assist multinational businesses operating in Cambodia.



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

$
Personal Info

Donation Total: $10.00

 

 

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