Hattha Bank New Office Tower Nears Completion. A Strong Testament of Franchise’s Commitment to Cambodia

Phnom Penh, 21st August 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, proudly announces the nearing completion of its new 22-storey office building, located on Samdech Techo Blvd in Phnom Penh city. This monumental project, spanning approximately 40,000 square meters is as a strong testament to the bank’s commitment to Cambodia and customers.

This new building is a central element of Hattha Bank’s strategic vision. Its contemporary design and state-of-the-art facilities highlight the bank’s commitment to meeting the evolving needs of its valued customers. The facility blends functionality with aesthetic appeal, featuring an advanced customer service center, including exclusive banking services, executive offices, flexible meeting rooms, and other facilities. These thoughtfully designed spaces are intended to enhance operational efficiency to serve customers more efficiently and seamlessly.

Mr. Min Sopha, President & CEO of Hattha Bank, emphasized “This new office building is more than just a structure; it symbolizes our strong commitment to our community and Cambodia as a whole.” He added “We are proud to see this project reaching its final stages and we look forward to the completion of this new office tower to provide exceptional banking services to our communities and customers.”

More relevantly, the near completion of this project highlights the unwavering support from its parent company, which has been instrumental in achieving this significant milestone, with deep rooted commitment to elevate the bank’s operational standards besides enriching customer experience.

About Hattha Bank:

Hattha Bank, a commercial bank with a presence in Cambodia for 30 years, offers a comprehensive array of financial services to its customers. By the end of 2023, Hattha Bank held the position of the 4th largest commercial bank based on its operational offices. Operating as a subsidiary of Krungsri Bank, the fifth-largest financial group in Thailand with more than 78 years of history, Hattha Bank benefits from its strategic membership in the Mitsubishi UFJ Financial Group (MUFG), Japan's largest financial group and one of the world's largest financial organizations.

For 6 consecutive years, Hattha Bank has consistently maintained its credit rating at BBB+/stable, a rating that signifies the bank's stable business operations and robust position within the Cambodian market. Significantly, Hattha Bank is well-capitalized, financially strong, and maintains great liquidity, enabling it to continue its business operations as usual. This strong position is further bolstered by the bank's strong backing from its parent company, Krungsri.