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Hattha Bank, a member of MUFG Group, has increased its operating capital to $220 million, thanks to the latest round of capital injection, amounting to $80M. This capital injection serves to meet the franchise’s needs as it continues to expand its business operations across Cambodia. The new round of funding stands as testament to MUFG’s strong commitment in leveraging against its strong ASEAN business network. The injection is timely as Hattha Bank makes inroads into the SME, commercial and corporate banking sector in the Kingdom. It also reflects the ambition of Hattha Bank to continue its sustainable growth with a…
Cambodia Investment Review speaks with Bekzod Ruzmetov, Head of ABA Business and Data Analytics Division, ABA Bank. CIR: What motivated ABA Bank to rebuild its online banking platform recently, and how did the needs of both small enterprises and large corporations shape the final product? Answer: We rebuilt our platform – now called ABA Business – to make business banking easier, safer, and ready for the future. We wanted a system that works for all types of businesses. We listened to our Relationship Managers, reviewed customer feedback, and looked at trends in the market. As a result, ABA Business is…
At 10.55am Malaysia time on June 26, Cambodia Airways flight KR785 from Phnom Penh to Penang made a smooth landing at Penang International Airport. The inaugural flight was honoured by the presence of His Excellency Shaharuddin Onn, Ambassador of Malaysia to the Kingdom of Cambodia. Ms. Tang Xiaojun, Vice President of Cambodia Airways, Mr. Bai Guowei, Director of the Marketing Committee of Cambodia Airways and other representatives from Cambodia Airways were also on the same flight. Upon arrival in Penang, the aircraft was honoured with a ceremonial water salute to commemorate the inaugural landing. Ambassador H.E. Shaharuddin Onn, along with…
Reinforcing LOLC’s Commitment to Information Security and Customer Trust LOLC (Cambodia) Plc., one of the leading microfinance institutions in the country, is pleased to announce that it has successfully upgraded its ISO certification for Information Security Management Systems (ISMS) from ISO/IEC 27001:2013 to the latest ISO/IEC 27001:2022 standard. LOLC first received its ISO certification in the year 2020, showing its strong commitment to protecting information and customer data. This international certificate confirms that LOLC has a reliable and secure system in place. The certification was awarded by Bureau Veritas, a globally trusted organisation based in the UK. This achievement demonstrates…
Prudential (Cambodia) Life Assurance PLC has officially launched ICONIC by Prudential, a premium financial protection and lifestyle program created for most distinguished customers. ICONIC is designed to set a new benchmark in personalised insurance and customer experience, blending protection with prestige and peace of mind. The exclusive launch took place at Fairfield by Marriott Phnom Penh, welcoming about 160 esteemed guests, including our esteemed elite customers, strategic bank partners, reward partners, chambers and distinguished guests. “ICONIC By Prudential is a strategic leap forward in redefining premium insurance,” said Mr.Tola Ponlu, CEO of Prudential, Cambodia, Laos, and Myanmar. “It’s designed to…
Wing Bank (Cambodia) Plc has further expanded its nationwide presence with the opening of a new branch in Koh Kong province, delivering convenient, fast and secure banking services to the southwest region of Cambodia. The inauguration ceremony, held on June 16, was graced by H.E. Mithona Phouthorng, Governor of Koh Kong Province, H.E. Thong Narong, President of the Koh Kong Provincial Council, H.E. General Yun Min,Secretary of State, Ministry of National Defense, and Mr. Saphal Rithiya, Director of National Bank of Cambodia, Koh Kong Provincial Branch, and representative of Her Excellency Dr. Chea Serey, Governor of the National Bank of…
Woori Bank (Cambodia) Plc., a prominent South Korean bank with a fast-growing presence in Cambodia, and Dai-ichi Life Insurance (Cambodia) Plc., a leading Japanese life insurer, have officially launched a strategic bancassurance partnership. Endorsed by the National Bank of Cambodia (NBC) and the Insurance Regulator of Cambodia (IRC), this collaboration represents a major milestone in both companies’ shared mission to expand life insurance accessibility and promote financial inclusion nationwide. The launch ceremony was witnessed by H.E. Bou Chanphirou, Director General of the Insurance Regulator of Cambodia; Mr. Sohn Cheol Su, CEO of Woori Bank; Mr. Mah Kin Yoong, CEO of…
In response to localised disruptions affecting several international fibre optic cable lines passing through the Thailand border area, Metfone has swiftly implemented necessary technical measures to ensure the uninterrupted operation of its nationwide telecommunications network. Although partially impacted by the cable issue, Metfone affirms that all telecommunications services remain stable, thanks to a robust backup infrastructure that has been strategically invested beforehand. Specifically, Metfone has activated alternative transmission routes via the Vietnam and Laos borders, with a total backup capacity of up to 1.1 Tbps, including bandwidth reserved to support emergency needs of other operators. As a result, all services…
On Thursday, June 12, Metfone and the Ministry of Education, Youth and Sport celebrated the renewal of their partnership with a formal ceremony marking the handover of the School Information System (SIS) and the signing of a five-year Memorandum of Understanding (MoU) extension (2025–2030). This marks the beginning of a new phase in Cambodia’s digital education transformation, with a focus on modernising education and improving access to advanced technology. The event, held at the Institute of Technology Cambodia (ITC), was presided over by H.E. Om Romny, Secretary of State at the education minisitry and H.E. Sok Puthyvuth, Secretary of State…