Cathay about the country from Chinese books and from conversation with people of all walks of life. During his first 15 years in China (1583–1598) Matteo Ricci formed a strong suspicion that Marco Polo's "Cathay" is simply the "Tatar" (i.e., Mongol) name for the country he was in, i.e. China. Ricci supported his arguments by numerous correspondences between Marco Polo's accounts and his own observations: Most importantly, when the Jesuits first arrived to Beijing 1598, they also met a number of "Mohammedans" or "Arabian Turks" – visitors or immigrants from the Muslim countries to the west of China, who told Ricci
Cathay United Bank Bank with the National Bank of Cambodia’s approval, acquired a 70% stake in Singapore Banking Corporation (SBC). SBC was founded in 1993 and has 6 branches and 10 exchange offices in Cambodia. A year later in September 2013, Cathay United Bank reached an agreement with the remaining shareholders of SBC to acquire the remaining 30% shares. In January 2014, the name was changed to Cathay United Bank Cambodia (CUBC). To expand its banking operations in Asia, in December 2014, CUB through its sister company and life insurance arm of Cathay Financial Holding, Cathay Life Insurance, acquired a 22% share (approximately