CIMB BANK TO OPEN HEAD OFFICE IN EXCHANGE SQUARE

Hongkong Land has announced that CIMB Bank will open its new Cambodia head office at Exchange Square, a new Grade A office and retail building scheduled for completion at the end of 2016.

“Exchange Square is a quality development in a prominent location, which will benefit leading organisations such as CIMB Bank who look to establish offices in Phnom Penh’s emerging financial district,” said Mr Robert Garman, Executive Director of Hongkong Land.

“The design and layout flexibility of each floor in Exchange Square aims to cater for Cambodia’s growing preference for commercial developments of international quality. This new world-class property offers unrivalled access to the city’s main districts, and we’re confident it will be a catalyst for increasing business and retail activities in the area,” he added.

“In response to our business growth in recent years, CIMB Bank needs to expand our current head office space to a new level as a leading regional bank,” said Mr Bun Yin, Chief Executive Officer of CIMB Bank. “It is advantageous from a corporate banking perspective to enter into business relations with Hongkong Land, and it is also favourable from a corporate premises branding perspective to occupy space at Exchange Square due to the positioning of the building”.

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