Oriental Bank PLC
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Oriental Bank PLC
Oriental Bank, otherwise known as Oriental Bank Plc. or Oriental Bank Cambodia, is a commercial bank in Cambodia. The bank was established in 2021 by founder, managing director and CEO — Datuk Phan Ying Tong and other partners. Oriental Bank received their approval in principle from the National Bank of Cambodia on the ninth of December 2020 The banking operation license was received from the National Bank of Cambodia in January 2022, and were officially presented to them on 28 February 2022, by the Governor of the National Bank of Cambodia, H.E Dr. Chea Chanto. See also *List of banks in Cambodia This is a list of banks in Cambodia. , there were 51 commercial banks, 14 specialized banks, 75 microfinance institutions, 7 microfinance deposit-taking institutions, 6 representative offices, and 15 leasing companies in Cambodia. , there were 54 ... References External links *{{official website, http://www.orientalbank.com.kh Banks of Cambodia Banks established in 2 ...
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Phnom Penh
Phnom Penh (; km, ភ្នំពេញ, ) is the capital and most populous city of Cambodia. It has been the national capital since the French protectorate of Cambodia and has grown to become the nation's primate city and its economic, industrial, and cultural centre. Phnom Penh succeeded Angkor Thom as the capital of the Khmer nation but was abandoned several times before being reestablished in 1865 by King Norodom. The city formerly functioned as a processing center, with textiles, pharmaceuticals, machine manufacturing, and rice milling. Its chief assets, however, were cultural. Institutions of higher learning included the Royal University of Phnom Penh (established in 1960 as Royal Khmer University), with schools of engineering, fine arts, technology, and agricultural sciences, the latter at Chamkar Daung, a suburb. Also located in Phnom Penh were the Royal University of Agronomic Sciences and the Agricultural School of Prek Leap. The city was nicknamed the "Pearl of As ...
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Datuk
Datuk (or its variant Dato or Datu) is a Malay title commonly used in Brunei, Indonesia, and Malaysia, as well as a traditional title by Minangkabau people in West Sumatra, Indonesia. The title of the wife of Datuk is Datin. Origin The oldest historical records mentioning about the title ''datuk'' is the 7th century Srivijayan inscriptions such as Telaga Batu from Palembang, Indonesia, to describe lesser kings or vassalized kings. It was called ''dātu'' in Old Malay language to describe regional leader or elder, a kind of chieftain that rules of a collection of ''kampungs'' (villages) called Kedatuan. The Srivijaya empire was described as a network or mandala that consisted of settlements, villages, and ports each ruled by a datu that vowed their loyalty (''persumpahan'') to the central administration of Srivijayan Maharaja. Unlike the indianized title of raja and maharaja, the term datuk was also found in the Philippines as datu, which suggests its common native Austronesi ...
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Phan Ying Tong
Datuk Phan Ying Tong (; Pha̍k-fa-sṳ: ''Phân In-thòng'') is the founder and Chairman of Oriental Bank PLC in Cambodia. He served as Public Bank Berhad's Head of Indo-China Operations until his resignation in December 2020. Career Public Bank Group Phan has a total of 39 years of service with the Public Bank Group, until he tendered his resignation in December 2020. The timeline of his career with Public Bank Berhad is as follows: *Branch Manager of several branches in Public Bank Berhad before his appointment as the general manager of Cambodian Public Bank in 2002. *Appointed Country Head of Cambodian Public Bank Plc in 2007. *Appointed Business Advisor of Campu Lonpac Insurance Plc, Cambodia in 2007. *Appointed Executive Director of Cambodian Public Bank Plc, Cambodia since 15 March 2010. *Appointed Regional Head of Indo-China Operations (taking charge of Vietnam, Cambodia and Laos operations) in March 2014. *Appointed Director of Campu Securities Plc, Cambodia in ...
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Banking
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the a ...
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Finance
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability asse ...
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Financial Services
Financial services are the Service (economics), economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer finance, consumer-finance companies, brokerage firm, stock brokerages, investment management, investment funds, individual asset managers, and some government-sponsored enterprises. History The term "financial services" became more prevalent in the United States partly as a result of the Gramm-Leach-Bliley Act, GrammLeachBliley Act of the late 1990s, which enabled different types of companies operating in the U.S. financial services industry at that time to merge. Companies usually have two distinct approaches to this new type of business. One approach would be a bank that simply buys an insurance company or an investment bank, keeps the original brands of the acquired firm, and adds the Takeover, acquisit ...
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Cambodia
Cambodia (; also Kampuchea ; km, កម្ពុជា, UNGEGN: ), officially the Kingdom of Cambodia, is a country located in the southern portion of the Indochinese Peninsula in Southeast Asia, spanning an area of , bordered by Thailand to the northwest, Laos to the north, Vietnam to the east, and the Gulf of Thailand to the southwest. The capital and largest city is Phnom Penh. The sovereign state of Cambodia has a population of over 17 million. Buddhism is enshrined in the constitution as the official state religion, and is practised by more than 97% of the population. Cambodia's minority groups include Vietnamese, Chinese, Chams and 30 hill tribes. Cambodia has a tropical monsoon climate of two seasons, and the country is made up of a central floodplain around the Tonlé Sap lake and Mekong Delta, surrounded by mountainous regions. The capital and largest city is Phnom Penh, the political, economic and cultural centre of Cambodia. The kingdom is an elective co ...
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National Bank Of Cambodia
The National Bank of Cambodia (NBC; km, ធនាគារជាតិនៃកម្ពុជា, translit=Thônéakéar Chéatĕ ney Kâmpŭchéa) is the central bank of Cambodia. The bank's duties include, ''inter alia'', the management of monetary and exchange policies, the regulation of banks and financial institutions, and the control of the national currency, the riel. The bank was established in 1954 after the Indochina Printing Institution closed when Cambodia obtained its independence from France. During Democratic Kampuchea from 1975 to 1979, the whole financial system ceased to exist, but the central bank was re-established in October 1979. The National Bank of Cambodia was known as the "Red Bank" or "Banque Rouge", and "People's National Bank of Kampuchea" from 1979 to 1992. History Creation of a national bank for Cambodia after independence The National Bank of Cambodia was established on 23 December 1954, after the country gained its independence from the Fr ...
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Chea Chanto
Chea is a surname in various cultures. Origins Chea may be a Cambodian surname ( km, ជា; ). That surname is derived from the Chinese surname Xiè (), specifically Southern Min pronunciations of that surname, e.g. Hokkien Chinese (). Other spellings derived from Southern Min pronunciations of that Chinese surname include Chia and Cheah. Chea may also be an alternative spelling of the Korean surname more commonly romanised as Chae (; IPA: ). Statistics French government statistics show 161 people with the surname Chea born in France from 1991 to 2000, 230 from 1981 to 1990, 45 from 1971 to 1980, five from 1961 to 1970, and none in earlier time periods. The 2000 South Korean Census found 119,251 people with the family name usually romanised as Chae. This surname is only rarely spelled as Chea; in a study based on year 2007 applications for South Korean passports, 87.8% of the applicants chose to spell this surname as Chae, and 7.5% as Chai, as compared to only 1.7% who chose ...
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List Of Banks In Cambodia
This is a list of banks in Cambodia. , there were 51 commercial banks, 14 specialized banks, 75 microfinance institutions, 7 microfinance deposit-taking institutions, 6 representative offices, and 15 leasing companies in Cambodia. , there were 54 commercial banks, 10 specialized banks, 79 microfinance institutions, 6 microfinance deposit-taking institutions, 6 representative offices, and 17 financial leasing companies in Cambodia. As of June 20, 2022, National Bank of Cambodia here are 58 commercial banks in Cambodia. Central bank National Bank of Cambodia Locally-owned banks Foreign-owned, Joint Venture, or Subsidiary banks See also * Cambodia and the World Bank * Cambodia and the International Monetary Fund * Economy of Cambodia References External links Cambodia - U.S. Banks and Local Correspondent BanksList of Banks in Cambodia {{Asia topic, List of banks in Cambodia Banks Banks A bank is a financial institution that accepts deposits from the ...
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Banks Of Cambodia
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ...
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Banks Established In 2021
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ...
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