The Cambodia Post Bank Plc. (CPBank) is one of the leading commercial banks in Cambodia which was founded in September 2013 and is a strategic partnership among CANADIA Investment Holding Plc. (CIH), Cambodia Post (CP) of Ministry of Post and Telecommunications, and Fullerton Financial Holdings Pte. (FFH). Nowadays, CPBank has been expanding its potential in all areas such as providing the best financial services to customers, finding and developing new banking services to fulfill customers’ needs, especially the fastest expansion of its branch network.
In early January 2021, CPBank officially launched 3 new branches located in potential districts and provinces such as Kong Pisei District Branch, Ratanakiri Provincial Branch, and Koh Kong Provincial Branch which the areas that people really need access to financial services. In addition, as of 2021, CPBank has expanded its branch network of up to 58 branches, including 51 subsidiaries of Funan Microfinance Plc. and 77 ATMs nationwide.
Even more amazing, CPBank offers all customers cash withdrawal for free through Canadia Bank ATMs at over 160 locations nationwide.
Mr. Toch Chaochek, Chief Executive Officer of CPBank, said “CPBank is the fastest commercial bank that has received strong support from customers across the country, so which motivates the bank to continue to expand its branch network as soon as possible for fulfilling the customers’ need and facilitate all our customer and public can easily use the banking services. Even more special for CPBank has officially launched just seven years, but we have achieved total assets of up to USD 1 billion with a total branch network of up to 58 branches, including subsidiary Funan Microfinance Plc. 51 branches and 77 ATMs nationwide.
In terms of our technology, CPBank has developed and launched many functions such as Online Loan Application, Online Account Opening, Visa Credit Card, Mobile Banking App, Loan Origination System (LOS), Local and International Fund Transfer, etc. “He added”
CPBank provides many initiatives financial services such as Loans (Business Loans, Auto Loans, Agriculture Loans, Mortgage Loans, Unsecured loans) and Deposits (Fixed Deposit Accounts, Savings Accounts, Current Accounts, Saving Tier Pricing Accounts, Recurring Accounts, Escrow Accounts, Saving Settlement Accounts, etc.). For special functions of Mobile Banking App such as local and international fund transfer, QR Scan payments, bill payment, phone top-up, cardless withdrawal, virtual card, e-wallet top-up, and especially all transactions are free of charge. CPBank is also one of the members of Bakong, CSS, and Visa. As soon as, CPBank will officially launches a tax payment service so all customers can pay taxes services such as cars, houses, buildings, and other properties with CPBank.