Bank of India Phnom Penh Branch ( BOIPPB), Cambodia is a Foreign Branch of Bank of India, one of the leading Indian Nationalised Banks having its head office at STAR HOUSE C - 5, "G" Block, Bandra Kurla Complex, Bandra (East), Mumbai, India. Government of India
is having 62.72% of share holding and the rest is held by public and
mutual funds, FIIs etc.,Bank of India was founded on 7th September, 1906
by a group of eminent businessmen from Mumbai. Beginning with one
office in Mumbai, , the Bank has made a rapid growth over the years and
blossomed into a mighty institution with a strong national presence and
sizable international operations. In business volume, the Bank occupies a
premier position among the nationalized Banks. The Bank has 4030
domestic branches in India as at 30-06-2012 ,spread over all states/
union territories including specialized branches. These branches are
controlled through 50 Zonal Offices. There are 50 Overseas/Foreign
branches/ offices (including five representative offices) and 3
Subsidaries and 1 joint venture abroad. The international business
accounts for around 25.20% of Bank's total business as at
31-03-2012.Bank of India’s Total business mix of BOI as at 31-03-2012
stood at USD 103.88 Bn. The Bank came out with its maiden public issue
in 1997 and follow on Qualified Institutions Placement in February
2008.Total number of shareholders as on 31-03-2012 is 217693.
Considering the Cambodia’s growing economy and potential business
opportunities in Cambodia, Bank of India has set up the branch in
Cambodia in the Month of May 2009 after obtaining commercial bank
licence from National bank of Cambodia with optimistic about the future
of the Cambodian market and confident the bank could translate its long
experience into success in the Kingdom. The bank sees a great future in
Cambodia and want to be part of the growth and share success having
plans for further expansion in Cambodia. Bank of India Phnom Penh Branch
has already started operating and net profits for the full 2nd year of
operations and likely to grow strong in the years to come. www.bankofindia.com
