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Logo of Phnom Penh Post newspaper Phnom Penh Post - KBank Phnom Penh branch opens to support Thai firms

KBank Phnom Penh branch opens to support Thai firms

KASIKORN BANK (KBank) has opened a Phnom Penh Branch to help Thai investors in Cambodia with loans and to facilitate more cross-border transactions and business opportunities. KBank is also the first Thai bank to seal a partnership with Wing (Cambodia) Limited Specialised Bank – a leading provider of money transfer services. Their cooperation means that users in Thailand can transfer money to recipients in Cambodia via K-Mobile Banking and Wing, plus advisory services on trade and investment for Thai businesses interested in investing in Cambodia. The bank, which is a leader in digital services, hopes that opening in Cambodia will allow it to capitalise on its potential to increase credit extension, develop innovative transactions, and offer settlement services in multiple ASEAN currencies. KBank’s ultimate goal is to offer excellent service to both corporate and retail customers in Cambodia. Photos by Hong Menea