Hattha Bank and CMED Construction Co., Ltd. Celebrate the Successful Completion of Hattha Bank’s New Head Office Tower

Phnom Penh, 17th October 2024 – Hattha Bank, a subsidiary of Krungsri (Bank of Ayudhya PCL), the fifth-largest commercial bank in Thailand and a member of the MUFG Global Financial Group, is proud to announce the successful completion and handover of its new landmark head office tower, designed and constructed by CMED Construction Co., Ltd. The official handover ceremony, held today, marks a significant milestone as Hattha Bank takes full ownership and operational control of the building.

Moreover, this state-of-the-art tower, located on Samdech Techo Hun Sen Blvd (60-meter road) in Phnom Penh, stands as a strong testament of Hattha Bank’s commitment to Cambodia. The event was attended by senior management from both Hattha Bank and CMED Construction Co., Ltd, reflecting the strong partnership and collaboration that has brought this project to life.

In this context, Mr. Min Sopha, Chief Executive Officer of Hattha Bank, said "This new head office is more than just a building; it is a beacon of opportunity and a testament to the vision and values that drive Hattha Bank." He added "It will serve as the heart of our operations, enabling us to better serve our customers, foster innovation, and create a positive space where our staff can continue to deliver superior product and services seamlessly".

CMED Construction Co., Ltd. was awarded the design and build scope for the project. The Managing Director of CMED Construction, Ms. Jenny Chea Sok You, has said that “this building was designed and constructed with the building’s operator in mind, meeting international standards and complied with BS building codes”. As an acknowledgement to the project’s achievement, she mentioned that the building is “one of the first in the country to fully meet the Ministry of Environment’s requirements by complying with the 10 parameter Sewage Treatment Plant (STP) standards, and is Green Mark Certified, showcasing commitment to sustainability and environmental responsibility”. As safety was CMED’s top priority throughout the project, she was pleased to say “the project achieved zero accidents on-site, which stands as a testament to the strict safety protocols and attention to detail maintained at every stage”.

Hattha Bank has come a long way since its inception, growing from a microfinance institution into one of the leading commercial banks in Cambodia. The completion of this iconic head office is a symbol of Hattha Bank’s dedication to growth, service, and innovation. It stands as a commitment to providing customers with the highest level of service, creating and nurturing environment for its employees besides contributing to the development of Cambodia’s banking sector.

This new head office will enable the franchise to achieve even greater milestones and creating lasting value for its customers, employees, and shareholders alike.