Logo of Phnom Penh Post newspaper Phnom Penh Post - New chapter in banking begins with Woori Bank Cambodia

New chapter in banking begins with Woori Bank Cambodia

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New chapter in banking begins with Woori Bank Cambodia

The creation of Woori Bank (Cambodia) Plc marks another important milestone for the Kingdom’s commercial banking industry.

Obtaining a full banking licence – which came into effect on January 3 – places Woori Bank on par with the other leading local and international banks operating in the Kingdom.

Woori Bank (Cambodia) has obtained regulatory approvals from the National Bank of Cambodia and Ministry of Commerce to carry out its banking operations.

With its new identity and backed by a supportive shareholder, a strong balance sheet, a global reputation and a strong vision to bring financial inclusion to all Cambodians, Woori Bank is set to raise the bar in the local banking sector.

“As we become a full bank, we celebrate and look forward to more exciting journeys with our customers, partners and stakeholder, delivering Korean-standard banking experiences while ensuring its customisation for Cambodia.

“To use a slogan from our shareholder, the Woori Financial Group, Korea – “Digital First, Change Everything” – Woori Bank’s management and staff have put in place a very strong foundation and concrete strategies.

“This will enable fast, convenient and trustworthy banking experiences for the better life of our customers and all Cambodians,” said the CEO-Nominee of Woori Bank Cambodia, Kim Hongju.

With a strong commitment towards its customers, Woori Bank – backed by 138 branches nationwide and more than 4,000 staff – will strive towards delivering quality financial services.

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