Logo of Phnom Penh Post newspaper Phnom Penh Post - Employees at heart of success with Canadia Bank giving back



Employees at heart of success with Canadia Bank giving back

Content image - Phnom Penh Post
The bank holds annual strategic workshops. SUPPLIED

Employees at heart of success with Canadia Bank giving back

Canadia Bank has developed into a financial giant over the past three decades with its focus on a well-trained, efficient and driven workforce – and the bank’s social conscience has grown with it.

Canadia Bank’s employees have been integral in its remarkable growth into one of Cambodia’s largest banks – and this is reflected in the company being recognised as the “Best Company to Work for in Asia 2020” by HR Asia.

And despite having grown into a financial giant, the importance of giving back has not been forgotten, with Canadia Bank being awarded the “Most Socially Responsible Bank in Cambodia” by the UK’s International Finance magazine.

Recognised as the best place to work, Canadia Bank continuously improves its operational excellence through an engaging working culture where teamwork and employee voice are key to success.

This commitment is evidenced by the award of “Best Company to Work for in Asia 2020”, with Canadia Bank recognised by HR Asia for its collective efforts in being the best partner to its colleagues.

“All recognition and awards are equally important and well received by Canadia Bank because it reflects recognition of the bank and its employees,” Canadia Bank CEO Raymond Sia has said of the bank’s awards.

Capacity development is at the heart of the bank’s efforts in driving excellence. To nurture performance-driven culture, training programmes are customised to develop employees and equip them with the best knowledge and skills to lead and bring innovation to people and the business.

To create the best employee experience, Canadia Bank consistently recognises and rewards those who realise the bank’s “TOP” values – “trust, ownership, and performance-driven”.

Content image - Phnom Penh Post
Canadia Bank provides an inspiring and engaging workplace in which to learn and grow, and fulfil career dreams. SUPPLIED

This sees Canadia Bank continue to revamp employee benefits, engage staff in cross-departmental and social events, and improve career development plans tailored to each employee’s needs.

It also provides effective training and development programmes, working with local communities and education institutes to provide talent in Cambodia with an inspiring and engaging workplace in which to learn and grow, and fulfil career dreams.

Canadia Bank provides 140 types of training courses on an annual basis ranged from soft skills and hard skills training to language training, coaching as well as 60 to100 per cent study support, sponsorship in oversea and external training, master’s and bachelor’s degrees, and CAT/ACCA certification programmes.

Canadia Bank has also partnered with the China Development Bank since 2015 to provide scholarships to its employees for post-graduate study in China.

To continue improving its employee experience, Canadia Bank conducts annual engagement surveys to collect employee feedback, customising learning and development programmes to create excellence in its people and business, and deliver timelier and friendlier employee services through the Human Resources Management Information System (HRSMIS).

In such ways, Canadia Bank strives to be the best employer, one that nurtures an environment for diverse and inclusive learning and development.Canadia Bank is also proud to be known as the most socially responsible bank.

Content image - Phnom Penh Post
Celebrating International Women’s Day at head office. SUPPLIED

Since its inception, Canadia Bank has not only supported the Kingdom in the transition from a centrally planned economy to a free market system, but has also continuously contributed to many economic development projects.

The contribution ranges from supporting the growth of SMEs by sponsoring the Cambodian Women Entrepreneur Association (CWEA) and the Young Entrepreneur Association of Cambodia, to assisting the agriculture sector.

Fundraising for Kantha Bopha Children’s Hospital has continued through this year, with the bank topping up $0.75 every month as each employee at Canadia Bank donates $0.50 automatically from their salary.

The latest showcase CSR project was the joint sponsorship by Canadia Bank and CamTech University for the National Youth Debate programme. Organised by the Ministry of Education Youth and Sport, the programme aims to educate Cambodian youth on the culture of dialogue through debate. High school students at Grade 11 across the country participated in the tournaments, in which the winning group was decided in the fourth round. Canadia Bank founder and chairman Neak Oknha Dr Pung Kheav Se has been at the fore front when Cambodia experiences hardship.

As well as regularly donating millions of dollars to the Kantha Bopha Foundation to supporting its five children’s hospitals, Dr Pung Kheav Se has also donated to the Cambodian Red Cross and towards flood relief. To help tackle the pandemic, he donated $6 million for vaccinations and $2 million towards buying a hospital to care for Covid-19 patients.

Total contributions over the past two years alone amount to more than $14 million, with more than $9.5 million from April 1, 2020 to June 30 this year –second to none in the banking sector.

MOST VIEWED

  • Hong Kong firm done buying Coke Cambodia

    Swire Coca-Cola Ltd, a wholly-owned subsidiary of Hong Kong-listed Swire Pacific Ltd, on November 25 announced that it had completed the acquisition of The Coca-Cola Co’s bottling business in Cambodia, as part of its ambitions to expand into the Southeast Asian market. Swire Coca-Cola affirmed

  • Cambodia's Bokator now officially in World Heritage List

    UNESCO has officially inscribed Cambodia’s “Kun Lbokator”, commonly known as Bokator, on the World Heritage List, according to Minister of Culture and Fine Arts Phoeurng Sackona in her brief report to Prime Minister Hun Sen on the night of November 29. Her report, which was

  • NagaWorld union leader arrested at airport after Australia trip

    Chhim Sithar, head of the Labour Rights Supported Union of Khmer Employees at NagaWorld integrated casino resort, was arrested on November 26 at Phnom Penh International Airport and placed in pre-trial detention after returning from a 12-day trip to Australia. Phnom Penh Municipal Court Investigating Judge

  • Sub-Decree approves $30M for mine clearance

    The Cambodian government established the ‘Mine-Free Cambodia 2025 Foundation’, and released an initial budget of $30 million. Based on the progress of the foundation in 2023, 2024 and 2025, more funds will be added from the national budget and other sources. In a sub-decree signed by Prime Minister Hun Sen

  • Two senior GDP officials defect to CPP

    Two senior officials of the Grassroots Democratic Party (GDP) have asked to join the Cambodian People’s Party (CPP), after apparently failing to forge a political alliance in the run-up to the 2023 general election. Yang Saing Koma, chairman of the GDP board, and Lek Sothear,

  • Cambodia's poverty cut in half from 2009 to 2019: World Bank report

    A report published by the World Bank on November 28 states that Cambodia’s national poverty rate fell by almost half between 2009 and 2019, but the Covid-19 pandemic recently reversed some of the poverty reduction progress. Cambodia’s poverty rate dropped from 33.8 to 17.8 per cent over the 10