PETALING JAYA: G Capital Bhd
(GCap) is looking to venture into a new full-fledged commercial bank in Cambodia.
In a statement, the company said it had entered into a head of agreement with Datuk Phan Ying Tong and E S Packaging Co Ltd (Cambodia) to collaborate with each other principally to focus on monetary intermediations and a commercial banking business in Cambodia.
GCap said the National Bank of Cambodia had given the approval-in-principle for the establishment of a commercial bank under the name Oriental Bank Plc in the country.
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