Logo of Phnom Penh Post newspaper Phnom Penh Post - Century 21, Bred Bank Cambodia team up

Century 21, Bred Bank Cambodia team up

Century 21, Bred Bank Cambodia team up

US-franchised real estate company Century 21 Cambodia on January 28 appointed BRED Bank (Cambodia) Plc as its finance partner for properties that are exclusively promoted by its Century 21 Cambodia Network.

A memorandum of understanding (MoU) was signed to this effect by Century 21 Cambodia chief operation officer Seraj Sutton and BRED Bank Cambodia CEO Guillaume Perdon.

BRED Bank Cambodia is part of French global financial group BRED Banque Populaire and became the first European bank to operate in the Kingdom in 2017.

Sutton said: “I believe this collaboration will play a strong role in creating better opportunities for customers and investors while enabling more Cambodian people to buy their dream properties.

“Our customers won’t just enjoy their new home ownership, they’ll also benefit from the competitive and flexible financing provided by BRED Bank Cambodia.”

Century 21 Cambodia is the exclusive sales agent for development projects in the Kingdom such as Forest Harmony, Golf Harmony, Residence Harmony, Lagoon Harmony and Living Harmony.

In October, developer Forest Harmony Co Ltd announced the soft launch of Golf Harmony as a second phase of its Forest Harmony project in Prey Thnang commune of Kampot province’s Teuk Chhou district some 18km northeast of Kampot town.

BRED Bank Cambodia’s Perdon echoed Sutton’s sentiments: “We’re delighted to have reached this understanding with Century 21 Cambodia. BRED Bank Cambodia has made a strong commitment to support the Cambodian property market.

“Not only do we offer the highest international banking standards, we’re confident that our home loans represent the best value in the Kingdom. We look forward to a long and exciting partnership with Century 21.”


  • 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,”

  • Cambodia purchases 4 million Molnupiravir tablets

    Cambodia has arranged for the purchase of four million US-made Molnupiravir pills – enough to treat 100,000 Covid-19 patients – even though the current rate of daily infections in Cambodia remains low. The medicine will be distributed to state hospitals, pharmacies and private clinics, according to the Samdech

  • 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

  • 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’

  • 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