Make high interest and safe for a better tomorrow. Generate interest from your company contribution or working funds with the freedom to make deposits and withdrawals. Refinancing to Sathapana Bank to obtain an interest payment without a handling charge.
With Sathapana, why Bank?
Satapana Bank Plc. During the mid-2000s, Chairman Dr. Han Chang-Woo visited the various South East Asian regions to discover new potential and opportunity and with the aim of helping a nation, its economies and its peoples to succeed. Dr. Han Chang-Woo lived through the times when Japan grew in the 1950' until today.
The chairman Dr. Han Chang-Woo was particularly interested in Cambodia, feeling that the state had great promise after very hard years during the conflict. In December 2012, MARUHAN Japan Bank Plc. acquired SATHAPANA Limited, a premier Cambodian MFI.
He concluded by merging MARUHAN Japan Bank Plc. and SATHAPANA Limited. In Cambodia there was no mergers of banks and after many consultations with the National Bank of Cambodia and other state regulators, SATHAPANA Bank Plc. CEO Dr. Han Chang-Woo: "We will further increase our customers' expectations and grow our businesses with an innovating forerunner.
Cambodia's mission: To offer dependable banking as a popular finance institution in Cambodia, to strengthen entrepreneurial power and create jobs in order to sustainably raise their standard of doing business and improving their standard of living by providing long-term financing.
Significant expansion in Sathapana Banka Plc's investments in merchant financial products came after it was taken over by Japan's Maruhan Japan Banka at the beginning of last year, which turned the micro-finance giants into a full-fledged merchant loan institution, the company's board said today.
Significant expansion in Sathapana Banka Plc's investments in merchant financial products came after it was taken over by Japan's Maruhan Japan Banka at the beginning of last year, which turned the micro-finance giants into a full-fledged merchant loan institution, the company's board said today. Norihiko Kato, CEO, said at the formal introduction of the new Sathapana brand - a comb pattern with Mount Fuji in the middle - that the huge Maruhan - Sathapana fusion has made the brand the second biggest in Cambodia in store and headcount numbers.
Norihiko says Sathapana has 168 stores and 4,200 employees national. At the end of September this year, the bank's balance sheet amounted to more than USD 1 billion for the first a year. Meanwhile, the EIB had an overall credit book of $750 million at the end of October, an up 23 per cent on the end of 2016.
Mr Noihiko said the EIB is planning to further expand its retail banking networks while increasing its penetration of electronic banking and ATMs. One of the banks commissioned at the beginning of the year to modify its corporate identity after the administration said it was too similar to a state body.