Logo of Phnom Penh Post newspaper Phnom Penh Post - ABA Bank contributes $1 million to assist government in curbing Covid-19 spread

ABA Bank contributes $1 million to assist government in curbing Covid-19 spread

Content image - Phnom Penh Post

ABA Bank contributes $1 million to assist government in curbing Covid-19 spread

ABA Bank last Thursday contributed US$1 million to support the government’s efforts to stop the spread of Covid-19 exacerbated by the February 20 community incident.

In a letter of appreciation to ABA Bank, Prime Minister Samdech Hun Sen thanked Cambodia’s leading private financial institution – a subsidiary of the National Bank of Canada – for its generous contribution.

“On behalf of the royal government and the people of Cambodia, I would like to express my deepest appreciation to ABA Bank’s management team for the donation of $1,000,000 to the royal government to support the fight against Covid-19, which is spreading at present from the February 20 community event. I would like to express my sincere admiration to the management of ABA Bank for their generosity,” the prime minister said.

ABA Bank CEO Askhat Azhikhanov said: “Being an active part of Cambodian business society, we at ABA Bank support the government’s efforts to protect the wellbeing of the Cambodian people, especially during the Covid outbreak. We are honoured to make this contribution to empower the continuing fight against the spread of the disease, and we will continue helping communities in the future.

“As well as financial assistance, the bank expresses its commitment to its customers via modern digital and self-banking solutions that support them and allow them to live full financial lives during the pandemic, and even in the current lockdown.”

Following its mission and corporate values, ABA Bank is committed to supporting initiatives aimed at combating the Covid-19 pandemic.

Since the outbreak began in the Kingdom early last year, ABA Bank has been organising fundraising events and donating funds through the initiatives of the National Bank of Cambodia and the Association of Banks in Cambodia.

In addition to monetary support, the bank’s advanced ABA Mobile banking application has been used as a fundraising tool as part of the prime minister’s initiative to purchase vaccines against Covid-19.

About ABA Bank

ABA Bank is Cambodia's leading private financial institution. As of March 31, 2021, the bank managed total assets of $6.6 billion.

With 79 branches and more than 600 self-banking machines across the Kingdom, as well as advanced online banking and mobile banking platforms, ABA Bank reaches out to a large number of customers with an array of modern financial services. For more information visit www.ababank.com.

ABA is a subsidiary of the National Bank of Canada, a financial institution with around US$273 billion as of January 31 this year.

Headquartered in Montreal, it has branches in almost every Canadian province and 2.7 million personal clients. It is the sixth largest bank in Canada and the leading bank in Quebec, where it is the partner of choice among SMEs. For more information visit www.nbc.ca.

MOST VIEWED

  • Prince Norodom Ranariddh passes away at 77

    Prince Norodom Ranariddh, the second son of the late King Father Norodom Sihanouk and former First Prime Minister of Cambodia, has passed away in France at the age of 77. “Samdech Krom Preah Norodom Ranariddh has passed away this morning in France just after 9am Paris-time,”

  • Rise in planned flights lifts travel hopes

    Six airlines have applied to resume flights in December, while two others have put in for additional flights and routes, according to State Secretariat of Civil Aviation (SSCA) head Mao Havannall on November 29. These account for 43 new weekly domestic and international flights in December, up 16

  • General’s gun smuggling ring busted

    The Military Police sent six military officers to court on November 22 to face prosecution for possession of 105 illegal rifles and arms smuggling, while investigators say they are still hunting down additional accomplices. Sao Sokha, deputy commander of the Royal Cambodian Armed Forces and commander of

  • Cambodia, Thailand to discuss border reopening

    Cambodian authorities from provinces along the Cambodia-Thailand border will meet with Thai counterparts to discuss reopening border checkpoints to facilitate travel, transfer of products and cross-border trade between the two countries. Banteay Meanchey provincial deputy governor Ly Sary said on November 22 that the provincial administration

  • Is Cambodia’s travel sector in for another cheerless holiday season?

    The travel and tourism sector was heaving back to life as borders started to reopen, promising a festive vibe for the holidays and New Year. But Omicron and other Covid-related issues are threatening to close the year on a bleak note ‘Seems [like] Covid-19 won’

  • Hun Sen: Manet to be candidate for prime minister

    Prime Minister Hun Sen has reaffirmed that his oldest son Hun Manet will be his successor as Prime Minister if he is elected. Speaking during the inauguration of a new sewage treatment facility in Preah Sihanouk province on December 2, Hun Sen said Manet will be