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Cambodian Public Bank celebrates 30th anniversary of operations in the Kingdom

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Staff celebrate the bank’s 30th anniversary on Wednesday. SUPPLIED

Cambodian Public Bank celebrates 30th anniversary of operations in the Kingdom

Cambodian Public Bank Plc (Campu Bank) – which now boasts 31 branches after opening its first back in 1992 – celebrated its 30th anniversary on Wednesday, and pledged to bring banking services closer to the people.

“Campu Bank’s impeccable performance of unbroken profitability through good and bad times speaks volumes of the strong management, governance and support from its parent bank, Public Bank Berhad, the largest non-government-linked company listed on the Bursa Malaysia with market capitalisation of $19.4 billion, and the third largest commercial bank in Malaysia as at end of 2021.

“Public Bank Group founder and chairman Tan Sri Dato Sri Dr Teh Hong Piow’s visionary foresight, upheld for the past 55 years since Public Bank’s inception in 1966, will continue to guide Campu Bank in navigating and overcoming Covid-19 challenges with strong fundamentals,” said the bank’s CEO, Ong Ming Teck.

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The bank plans further expansion after establishing 31 branches in the Kingdom. SUPPLIED

While 2020 and 2021 were marked with uncertainties due to Covid-19, the Cambodian government, under the strong leadership of Prime Minister Hun Sen, successfully implemented effective containment measures to navigate the country’s economy out of turbulence and towards a stronger recovery path.

“Towards nation building, Campu Bank remains steadfast and committed in embracing financial inclusion to reach out to the unbanked segment, embedding environmental, social and governance considerations in our business and operations, and providing assistance to customers who faced financial constraints due to the Covid-19 pandemic,” said Ong.

He also thanked National Bank of Cambodia governor HE Chea Chanto and Campu Bank’s customers for their continuing support over the years.

As part of Campu Bank’s 30th anniversary and to meet customers’ demand, the financial institution plans to roll out more seamless and robust digital services, including real-time cross-border fund transfers between Cambodia and Malaysia.

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