ANZ Royal Bank
Encyclopedia
ANZ Royal is a bank in Cambodia
Cambodia
Cambodia , officially known as the Kingdom of Cambodia, is a country located in the southern portion of the Indochina Peninsula in Southeast Asia...

 with 23 branches that provides internet banking and a network of Automated Teller Machines (ATM
Automated teller machine
An automated teller machine or automatic teller machine, also known as a Cashpoint , cash machine or sometimes a hole in the wall in British English, is a computerised telecommunications device that provides the clients of a financial institution with access to financial transactions in a public...

) at 101 locations both at branches and off-site. It also offers an "institutional team to assist multinational businesses operating in Cambodia". Established in 2005, ANZ Royal is a joint venture of Australia based ANZ and Cambodian Royal Group Company (RGC).

Ownership

ANZ Royal is a joint venture with the Cambodian Royal Group
The Royal Group
The Royal Group, headquartered in ASEANs Cambodia and chaired by Kith Meng, is an investment and development company with numerous interests including but not limited to:Telecommunications and information technologies...

, presently split 55%, 45% respectively.

Competition

ANZ Royal's main competitors are ACLEDA Bank
ACLEDA Bank
ACLEDA Bank is a privately owned bank based in Phnom Penh, Cambodia with 232 branches nationwide, the most in Cambodia, and 7,024 staff members across all provinces and towns in the Kingdom of Cambodia and five provinces in Laos...

, Cambodia Asia Bank
Cambodia Asia Bank
Cambodia Asia Bank is a LLC bank of Cambodia, based in Phnom Penh and operating over a dozen branch offices. CAB offers loan, savings account, foreign remittance and other financial services.- External links :***...

, Canadia Bank
Canadia Bank
Canadia Bank is one of the largest local banks in Cambodia. The bank was established in 1991 and became privatized in 1998. It has 25 branches across the country.-History:...

, Maybank
Maybank
Maybank , a trade name for Malayan Banking Berhad is the largest bank and financial group in Malaysia, with significant banking operations in Singapore, Indonesia and the Philippines. The bank also has large interests in Islamic banking through Maybank Islamic Berhad and insurance via its Etiqa...

Phnom Penh, Singapore Banking Corporation (SBC), Vattanak Bank.

External links

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