FTB Launches Three New Branches in Phnom Penh To Bring Financial Services Closer to Customers

(Phnom Penh) – Foreign Trade Bank of Cambodia (FTB) – the first local commercial bank in Cambodia, officially launched three new branches in Phnom Penh on December 11, 2023. The three new branches are Sen Sok Branch, AEON Meanchey Branch, and Chroy Changvar Branch.

The grand opening ceremony was held at the Sen Sok Branch, attended by the Board of Directors of FTB, executive management team, staff and customers.

H.E. GUI Anvanith, the Chairman of the BoD of FTB highlighted, “With more than 40 years of banking experiences and local market insights, we have been providing a wide range of safe and high-quality financial services to our customers. We have earned the trusts and recognitions from our customers and business partners, and have been achieved sustainable business growth, by reaching a total asset of around 1.94 billion US dollars as of October 2023.”

“To continue in achieving growth and to align with our long term visions, we have been strengthening the bank’s governance and to fully comply with laws and regulations. With our strong business fundamentals, and our branding as a local banking partner to our clients, FTB has been expanding its physical branches and digital network such as ATMs, Mobile App and Internet Banking, etc.”, he added.

Mr. Dith Sochal, the Chief Executive Officer of FTB, said, “As the first and foremost local commercial bank in Cambodia, FTB has always adhered
to our missions of providing secure and high-quality banking services with the vision of becoming the most preferred commercial bank in the Kingdom of Cambodia.”

“The continuing investments in the branch network is to provide conveniences to our customers to access to our banking services and to answer the increasing demands of the market that has constantly evolving. The presence of the new three branches will offer more and better options for customers from FTB – the leading and trusted local banking partner with strong fundamentals”, he continued.

Mr. Te Thengkong, Head of Retail Banking of FTB, followed, “the new branches will also offer a variety of banking products and services such as loans, deposits, local and international transfers, cards, trade finances, payroll services, bill payments to NSSF, tax payments and, payments to customs and excises, etc.”

The inauguration event also featured a ribbon-cutting ceremony to mark the official opening of the three new branches, witnessed by the Chairman and the executive members of the bank. FTB also provides the set of gift cards as a token of appreciation to our 10 customers, who are the first account holders at our three new branches.

The addresses of the new branches are:

• Sen Sok Branch: N° A07, Phum Bayab, Sangkat Phnom Penh Thmei, Khan Saensokh, Phnom Penh.
• AEON Mall Meanchey: Unit N° F028, 1st Floor, Samdech Hun Sen Blvd., Phum Preaek Ta Long III, Sangkat Chak Angrae Kraom, Khan Mean Chey, Phnom
Penh.
• Chraoy Chongvar: N° 103, 105, 107, and 109, National Road N° 6A, Phum Preaek Lieb, Sangkat Preaek Lieb, Khan Chraoy Chongvar, Phnom Penh.

FTB is the first local commercial bank in Cambodia with more than 40 years of business operation since 1979, trusted and recognized by customers and business partners locally and internationally, with a total of more than 700 employees and more than 20 branches in the region and throughout Cambodia.

FTB branches operate every business working day from Monday to Friday (8:00AM to 5:00PM), and Saturday (8:00AM to 12:00AM), while 3 branches operate 7 days per week – Toul Kork Branch, Phsar Thom Thmey Branch, (8:00AM to 5:00PM) and AEON Meanchey Branch (8:00AM to 8:00PM).

About FTB: As the first commercial bank in Cambodia, a truly local bank trusted since 1979, FTB has played crucial roles in helping to promote and develop the local market and economy through relentlessly providing wide ranges of banking products and services to local customers. With its total assets increasing to US$1.94 Billion, total loan portfolio of US$ 1.27 Billion and total deposit of over US$ 1.61 Billion, FTB is committed to continually helping local customers to achieve further growth and prosperity, and steadily forging ahead with the vision to be the preferred commercial bank in Cambodia.