Asia region to explore new business potentials and opportunities as well as with a vision to assist a country, its economy and its people to prosper. Dr. Han Chang-Woo experienced the days Japan was growing in the 1950s till today. He met with top government and business leaders for advice and consultation. Chairman Dr. Han Chang-Woo was particularly interested in Cambodia, he felt that the country had a great potential after experiencing very difficult times during the civil war. He came to a conclusion that to build a commercial bank with a Japanese hospitality touch will assist and contribute to Cambodia’s prosperity.

As such, Chairman Dr. Han Chang-Woo established MARUHAN Japan Bank Plc. in May 2008, it was the first Japanese-owned commercial bank in Cambodia, aiming to contribute to the development and growth of Cambodia through providing various kinds of banking services and investment from Japan. His philosophy was to support the Cambodian people who make their best effort to contribute in developing the Cambodian economy with the spirit of challenges without being complacent or satisfaction about existing circumstances. To strongly commit to assisting the people of Cambodia, MARUHAN Japan Bank Plc. was also the first commercial bank to offer unsecured loans to microfinance institutions.

An opportunity arose in December 2012, MARUHAN Japan Bank Plc. was able to acquire SATHAPANA Limited, a leading microfinance institution in Cambodia. SATHAPANA Limited was originally established as a non-government organization (NGO) in 1995, and at the time of acquisition, it had become a deposit-taking microfinance institution providing funds to the low income people throughout the country with a strong contribution track record in Cambodia’s economic development and growth with its more than 140 branches and point-of-services offices in all provinces.

MARUHAN Japan Bank Plc. was focusing on providing commercial banking products and services, aiming at expanding its operation nationwide. Meanwhile, SATHAPANA Limited was offering micro financial products and services to the grass roots of the people nationwide, and aiming at becoming a full service commercial bank. Chairman Dr. Han Chang-Woo thought over the situation, he saw the similar and mutual objectives, and the strong potential to complement each other. His conclusion, was to merge MARUHAN Japan Bank Plc. and SATHAPANA Limited.