Cambodian Public Bank secures cash settlement agent status
It will utilise the accreditation to promote securities trading to its customers.
The Securities and Exchange Commission of Cambodia (SECC) and the Cambodia Securities Exchange (CSX) have accredited Cambodian Public Bank (Campu Bank) as a cash settlement agent, according to a news release.
It is the fourth largest commercial bank in Cambodia in terms of asset size.
Campu Bank will utilise its cash settlement agent status to bring convenience to customers carrying out securities trading through its wholly-owned subsidiary Campu Securities, and settlement through Campu bank as a one-stop service.
Through Campu Securities, the bank will promote securities trading to its customers through their network of 31 branches.