Friday, July 4, 2025
Khmer Daily Cambodia News
34 °c
Phnom Penh
  • LATEST
  • CAMBODIA
  • ASIA
    • JAPAN
    • SOUTH KOREA
    • TAIWAN
  • WORLD
    • CHINA
    • RUSSIA
  • BUSINESS CAMBODIA
  • TECHNOLOGY
No Result
View All Result
  • LATEST
  • CAMBODIA
  • ASIA
    • JAPAN
    • SOUTH KOREA
    • TAIWAN
  • WORLD
    • CHINA
    • RUSSIA
  • BUSINESS CAMBODIA
  • TECHNOLOGY
No Result
View All Result
The Khmer Daily
No Result
View All Result
Home ASIA Cambodia

Cambodian Public Bank, commercial bank in Cambodia, wins Bank of the Year award for 12th time

January 15, 2021
in Business, Cambodia, National
0
Cambodian Public Bank, commercial bank in Cambodia, wins Bank of the Year award for 12th time
0
SHARES
23
VIEWS
Share on FacebookShare on Twitter

Globally respected magazine, The Banker, owned by the Financial Times Group of the UK, has awarded its 2020 “Bank of the Year Award’ in Cambodia to the Cambodian Public Bank (CPB).

This marks the 12th time the CPB has received the prestigious award since 2001.

A statement from the CPB said it is honoured to once again be honoured with the award and believes that receiving it is testimony to its continued commitment to best practices in banking excellence, prudent management and customer confidence in the bank.

“Despite challenging global market conditions and the competitive financial landscape, the CPB continues to sustain its premier position as the leading bank in Cambodia through effective implementation of strategic business initiatives, digital transformation drive and firm commitment to providing excellent service to customers,” it said.

Cambodian Public Bank has won Cambodia’s Bank of the Year award for 2020 This marks the 12th time the CPB has received the prestigious honour since 2001. Supplied

“The bank continues to accelerate its loans and deposit growth strategies in its core businesses of retail banking and financing activities, especially to the productive economic sectors of Cambodia: small-medium enterprises (SMEs) and home buyers,” it added.

A statement by The Banker said that 2020 had been an incredibly tough year because of the global pandemic, making this year’s winners of its Bank of the Year Awards even more deserving of the trophy.

“Not only have they successfully managed the pressures of running their operations remotely but they have also taken care of their customers and staff, responding rapidly to their needs and stepping up support in these demanding times,” it said.

“Our judges were impressed with the role banks played in delivering much-needed government funding, as well as providing specific measures themselves,” it added.

The magazine also stated investment towards digital transformation efforts has especially paid off and those who have done so will continue to reap rewards in the years to come, in terms of lowering the cost to serve, improving customer experiences and driving the financial inclusion agenda.

The CPB statement said the bank has and will continue to innovate with continued investments in new technologies, especially online and mobile banking.

“The bank’s recent launch of the National Bank of Cambodia’s KOICA inter-bank fund transfer service at their branches and the more user-friendly PB engage KH app is further testimony to our digital drive in meeting evolving customer demands,” it said.

The CPB said it has strong support from their parent bank, Public Bank Berhad – the largest non-government linked bank in Malaysia – as well as its loyal customers.

“Cambodian Public Bank is well positioned to meet the challenges in the marketplace and sustain its excellent performance as the leading and premier bank in Cambodia in the coming years,” it added.

This article was first published in Khmer Times. All contents and images are copyright to their respective owners and sources.

Tags: Bank in CambodiaCambodiaCambodian Public Bankcommercial bank in Cambodia
Previous Post

India delivers Covid-19 shots to prepare for ‘world’s biggest vaccination drive’

Next Post

Thai minister proposes ‘golf quarantine’ to boost tourism

Related Posts

Neak Poan Temple is a destination for tourists to visit and take beautiful pictures

Neak Poan Temple is a destination for tourists to visit and take beautiful pictures

by Khmer Times
July 3, 2023
0
104

Neak Poan Temple is one of the most attractive tourist destinations among the ancient temples, which is located along the...

Cambodian pepper gains direct export rights to China

Cambodian pepper gains direct export rights to China

by Khmer Times
July 3, 2023
0
80

The Chinese Embassy in Cambodia announced today that Cambodian pepper has completed all export procedures to China, which means can...

Wrapped in blanket, dumped in pond: Top South Korean livestreamer found dead in Cambodia

Wrapped in blanket, dumped in pond: Top South Korean livestreamer found dead in Cambodia

by AsiaOne
June 14, 2023
0
108

One of South Korea's top livestreamers was recently found dead in Cambodia. Byeon Ah-young's body was discovered — wrapped in a...

Most Popular

New dairy farm in Cambodia, Kirisu, goes into fresh milk production operated by Khmer Fresh Milk

New dairy farm in Cambodia, Kirisu, goes into fresh milk production operated by Khmer Fresh Milk

July 17, 2020
505
Cambodia rice production losses caused by droughts about $100 million

Cambodia rice production losses caused by droughts about $100 million

October 1, 2021
16
Neak Poan Temple is a destination for tourists to visit and take beautiful pictures

Neak Poan Temple is a destination for tourists to visit and take beautiful pictures

July 3, 2023
104
Is this Japan’s weirdest mascot? Meet Hokkaido’s Zushihocky, part rice, part clam

Is this Japan’s weirdest mascot? Meet Hokkaido’s Zushihocky, part rice, part clam

May 27, 2020
38
Waste-to-energy plans in Cambodia on hold for time being

Waste-to-energy plans in Cambodia on hold for time being

November 11, 2020
31
Failing to pay tax arrears in Cambodia within 15 days after notification will subject to 25% penalty

Failing to pay tax arrears in Cambodia within 15 days after notification will subject to 25% penalty

November 24, 2020
72

© 2020 By Khmer Daily News

No Result
View All Result
  • Home
  • Latest
  • Cambodia
  • ASIA
  • World
  • Business
  • Tech

© 2019 The Khmer Daily.

error: Content is protected !!