Cathay 1513), they started calling the country by the name used in South and South-East Asia. It was not immediately clear to the Europeans whether this "China" is the same country as "Cathay" known from Marco Polo. Therefore, it would not be uncommon for 16th-century maps to apply the label "China" just to the coastal region already well known to the Europeans (e.g., just Guangdong on Abraham Ortelius' 1570 map), and to place the mysterious Cathay somewhere inland. It was a small group of Jesuits, led by Matteo Ricci who, being able both to travel throughout China and to read, learned
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