Financial Services

Sathapana Bank In the mid-2000s, Chairman Chang-Woo Han paid visits to several countries in Southeast Asia to explore new business opportunities as well as to help the economy and people of a chosen country prosper. Chairman Han was particularly interested in Cambodia, as he felt that the country had great potential after experiencing difficult times during its civil war. Chairman Chang-Woo Han found a similar scene to the one he experienced growing up in Japan in the 1950s. Tokyo was little more than a provincial town only 140 years ago. Even harder to imagine is how it was devastated by one of the century’s worst earthquakes in 1923, and how afterward it would feel the effect of a disastrous war. Despite all of these hardships, the city is a success story and has grown and prospered into one of the world’s most exciting commercial hubs.

We believe that, together with the country of Cambodia and its citizens, we can overcome difficulty with a spirit of hunger and challenge and grow together. The financial business at MARUHAN began with our desire to help make this country even better.
This is why Chairman Chang-Woo Han established MARUHAN Japan Bank Plc. in May 2008, the first Japanese-owned commercial bank in Cambodia, which aimed to contribute to the development and growth of Cambodia through providing bank services and investment from Japan.

Sathapana Bank In December 2012, MARUHAN Japan Bank　Plc. took an opportunity to acquire SATHAPANA Limited, a leading microfinance institution in Cambodia.　MARUHAN Japan Bank Plc. was focused on providing commercial banking products and services, aiming to expand its operations nationwide, while SATHAPANA Limited was offering micro financial products and services to grass-roots lending clients nationwide and looking to become a full-service commercial bank. Chairman Han considered the situation, recognizing the similar mutual objectives and the strong potential to complement each other. His conclusion was to merge MARUHAN Japan Bank Plc. and SATHAPANA Limited.

Cambodia had no history of financial mergers, and after consultation with the National Bank of Cambodia and governmental regulatory bodies, SATHAPANA Bank Plc. was established in April 2016. The newly merged commercial bank was formed to provide reliable banking services as the “People’s Bank” of Cambodia, empowering entrepreneurs to create jobs and improve Cambodian business and living standards through sustainable access to financial services.
Company Information
  • Company Name
    Sathapana Bank Plc.
  • Head Office
    No. 83, Norodom Blvd., Sangkat Phsar Thmey3, Khan Daun Penh, Phnom Penh, Cambodia.
  • Founded
    May 2008 (SATHAPANA Bank Plc. started in April 2016)
  • Directors
    Chang-Woo HAN, Director and Chairman
    Yu HAN, Director
    Ken HAN, Director
    Katsuhiro SHINOHARA, Independent Director
    HUN Monivann, Independent Director
    KIM Vada, Independent Director
  • Total Assets
    1,305 million USD
  • Capital
    120 million USD
  • Number of loan clients
    about 131,000
  • Number of Offices
    169
  • Loan Balance
    1,007 million USD
  • Number of depositors
    about 359,000
  • Number of Employees
    4,473

(as of December 2018)

As part of MARUHAN’ｓ long-term strategy to provide industry-leading banking services across the ASEAN region, we have launched MARUHAN Japan Bank Lao in Vientiane, Lao PDR in 2013.

It is with a sense of excitement that we see MARUHAN Japan Bank Lao poised to offer beneficial financial partnerships and high-level support to visionary investors seeking to contribute to the development of Lao PDR.

We assure you that we share your vision and ambitions for the future of Lao PDR and we hope that the opening of our bank will help to build a future for Vientiane and Lao PDR as bright and prosperous as that of Tokyo.

Finally, as MARUHAN Group has grown and diversified from humble beginnings in a small town north of Kyoto into a large multi-national group, and every one of our successes can be attributed to an ingrained commitment to excellence. MARUHAN promises that our commitment to excellence in Lao PDR will be no different.
Company Information
  • Company Name
    MARUHAN Japan Bank Lao Co. Ltd.
  • Head Office
    Unit 14, 23 Singha Road, Ban Phonxay, Saysettha District, Vientiane, Lao PDR
  • Founded
    February, 2013
  • Directors
    Chang-Woo HAN, Director and Chairman
    Yu HAN, Director
    Ken HAN, Director
    Yuji KARAKI, Director
    KIM Vada, Director
  • Total Assets
    86.5 million USD
  • Capital
    LAK 385,060,000,000 (about 45.3 million USD)
  • Number of loan clients
    2,771
  • Number of Offices
    3
  • Loan Balance
    56.5 million USD
  • Number of depositors
    6,089
  • Number of Employees
    83

(as of December 2018)

SATHAPANA Limited was founded in January 2015 and began microfinance operations in August 2015 with four branches in Yangon, Bago, Mandalay, and Ayeyarwady. The institution obtained permanent license in July 2016 and proved its financial strength and commitment to Myanmar economic development through 15 million USD authorized capital in FY 2017-2018.

Over the past 2 years, SATHAPANA Limited has made remarkable growth in human resources and financial capabilities, rising to become one of the top two microfinance institutions in terms of loan portfolio at the end of FY 2017-2018.
Company Information
  • Company Name
    Sathapana Limited
  • Head Office
    No.(97/B), KabaAye Pagoda Road, Bahan Township, Yangon.
  • Founded
    January, 2015
  • Directors
    Chang-Woo HAN, Director
    Ken HAN, Managing Director
    Yu HAN, Director
    Susumu WATAHIKI, Director
    KIM Vada, Independent Director
  • Total Assets
    56.3 million USD
  • Capital
    15 million USD
  • Number of loan clients
    228,896
  • Number of Offices
    22
  • Loan Balance
    48.9 million USD
  • Number of depositors
    N.A.
  • Number of Employees
    801

(as of March 2019)