Sathapana Bank Plc. was established in 2016 as a result of the merger of two financial institutions namely Maruhan Japan Bank Plc., the first Japanese-owned commercial bank in Cambodia established since 2008 and Sathapana Limited, a microfinance institution, established since 1995. Maruhan Japan Bank Plc. was established by Chairman Dr. Han Chang-Woo to contribute to the development and growth of Cambodia. Sathapana Limited was originally established as a non-government organization created to provide micro-financial products and services to the low-income segment customers in Cambodia.
The merger was a strategic move taken by Dr. Han Chang-Woo as Maruhan Japan Bank was focusing on providing commercial banking products and services, aiming at expanding its operation nationwide, while Sathapana Limited with its strong track record and grassroots approach to the economic development of Cambodia was aiming to be a full-service commercial bank. Today, Sathapana Bank has a combined experience of more than two decades with over 170 branches across Cambodia and offers a wide range of banking and financial services for consumers, businesses, and SMEs for Everyday Banking Convenience.