By: Tien Yu-pin and Frances Huang
Taipei, Nov. 16 (CNA) Taiwan Cooperative Bank (TCB) said Friday it has decided to open another branch in Cambodia to expand its reach in the emerging market.
The sub-branch will be established in Tuol Kouk, a district in the city of Phnom Penh, bringing the number of TCB branches in Cambodia to eight.
On its website, the bank said it already has five branches or sub-branches in the Cambodian capital Phnom Penh, one sub-branch in Siem Reap, and another in Sihanouk Ville.
The Tuol Kouk sub-branch is expected to help TCB, the banking arm of Taiwan Cooperative Financial Holding Co., provide better services in northern Phnom Penh.