On 6th January 2023, CPBank organized the 9th General Assembly at Independent Hotel, Preah Sihanouk Province. It was presided over by Mr. Toch Chaochek, Chief Executive Officer, and participated by all management team, branch managers and 2022’s outstanding staff.
The objective of this General Assembly is to celebrate CPBank achievement in 2022 and to set business strategies for 2023. It also allowed management team and branch managers to strengthen their relationship and collaboration in order to improve the quality of effective management to provide the best financial products and services to customers.
During the event, the management team has also presented certificates to outstanding branches and staff in 2022.
CPBank organized “Clean Up Day”, participated by the Bank’s management and staff, by collecting rubbish in public parks and streets in Phnom Penh and all provinces in Cambodia on 10 December 2022. This activity aimed to promote well-being, beauty and public order of the capital city and provinces, and to remind the public to avoid littering for clean environment and healthy living.
In Pnhom Penh, about 400 Management and staff from CPBank Head Office and 12 Phnom Penh branches gathered to clean an area around the Cambodia-Japan Friendship Bridge (Chroy Changvar Bridge) and along the river bank of the Tonle Sap River in Chroy Changvar District, Phnom Penh.
Battambang: On November 26, 2022, CPBank donated 20 million Riels to support Nikom Primary-Secondary School in Nikom Krau Village, Chrouy Sdau Commune, Thmor Koul District, Battambang province for building concrete roads and installing solar lights for public benefits.
The bank also brought some money and souvenirs for 44 teachers and local authorities, each of whom received 1 eco-bag, 1 alcohol sprayer, and 50,000 KHR, and 1,204 students, each of whom received 1 backpack, 2 books, 2 pens, and 15,000 KHR.
On September 30, 2022, CPBank received the Outstanding Collaboration Award 2022 from Credit Bureau Cambodia Co., Ltd (CBC), which is the leading provider of financial information, analytical solutions, and credit reporting services to financial institutions and consumers in the Kingdom of Cambodia.
Toch Chao Chek, Chief Executive Officer of CPBank, said this award is another achievement of the bank in contributing to financial stability in Cambodia.
On 22 September 2022, CPBank collected the “SME Financier of The Year – Asia” Silver category and “Best Financier for Women Entrepreneurs” Silver category awards at the Global SME Finance Forum Awards 2022 at the Hyatt Regency Phnom Penh.
CPBank sponsored a badminton tournament “T Open 2022” on 7th and 8th October 2022 at T-Badminton Court in order to promote sport and healthy activities in Cambodia.
On October 7th, 2022, CPBank participated in the first Postal Forum, Postal Service Exhibition, and celebration of “World Post Day” of the Universal Postal Union under the theme “Post for Planet” in collaboration with the Cambodia Post Office, Postal Operators, and International Organizations at Sokha Phnom Penh Hotel.
CPBank also introduced services such as tax payments for all kinds of taxes including transportation tax and property tax, and local fund transfer service to all Bakong member banks through CPBank Mobile Banking with the amount of up to $50,000/day free of charge to provide convenience to all customers.
Cambodia Post Bank Plc won two outstanding banking awards at the Global SME Finance Forum Awards 2022 on September 20.
The fastest-growing homegrown financial institution collected the “SME Financier of The Year – Asia” Silver category and “Best Financier for Women Entrepreneurs” Silver category awards at a glittering ceremony at the Hyatt Regency Phnom Penh.
The Global SME Finance Forum Awards are organised by the International Finance Corporation (IFC), a member of the World Bank, and the SME Finance Forum.
The prestigious awards honour financial institutions and fintech around the world for outstanding achievements in ensuring excellence in providing products and services to customers.
“Receiving these two international awards is a testament to Cambodia Post Bank’s efforts and serve as additional motivation for the bank to strive even more to provide even better levels of service to customers.
“Since its founding, Cambodia Post Bank has always focused on supporting small and medium-size enterprises, and especially female entrepreneurs.
“We have always taken the utmost care to support all businesses and business owners in Cambodia who need financing to expand their working capital, while we supported businesses during the Covid-19 pandemic with appropriate financing to use as needed.
“These endeavours are all part of our efforts to help develop a sustainable business environment and economy in Cambodia,” Cambodia Post Bank CEO Toch Chao Chek said.
The industry veteran added that the awards were given extra significance due to the strength of the competition.
On July 7th 2022, Cambodia Post Bank Plc. Preah Vihear Provincial Branch donated 30 benches and 50 cases of drinking water to the Preah Vihear Provincial Administration Office, and other 20 benches to Preah Vihear Provincial Court for public use.
On August 15th, 2022, ARDB and Cambodia Post Bank Plc. (CPBank) has signed the Subsidiary Loan Agreement under Cambodia Agricultural Sector Diversification Project (CASDP). This ceremony has been presided by H.E Dr. KAO Thach, Delegate of Royal Cambodia Government in charge as Chief Executive Officer of ARDB, and participated by Mr. Toch Chaochek, CEO of CPBank, representatives of the World Bank, Ministry of Economy and Finance, and Ministry of Agriculture, Forestry and Fisheries. Under this project, ARDB provides wholesale loans to CPBank who will provide sub-loans to target smallholder farmers, SMAEs, Agriculture Cooperatives, and producers except rice.
This project mainly aims to promote financial inclusion and support the agricultural diversification value chains in Phnom Penh and other 12 target provinces including Battambang, Mondulkiri, Stung Treng, Rattanakiri, Preah Vihear, Siem Reap, Tboung Kmum, Kratie, Kampong Cham, Kandal, Kampong Speu, and Kampong Chhnang.
Cambodia Post Bank PLC. (CPBank) VISA Credit Gold Card holders can relax and enjoy food & beverages, Wi-Fi, workstation, and other facilities of Plaza Premium Lounge in international airports around the world free of charge from 01 August 2022.
The MOU signing ceremony between CPBank and Plaza Premium Lounge took place on 27 July 2022 at Plaza Premium Lounge in Phnom Penh International Airport.
Currently, there are 3 Plaza Premium Lounges in Cambodia – in Phnom Penh International Airport, Siem Reap International Airport, and Sihanouk International Airport – and 89+ more locations around the world.
Toch Chaochek, Chief Executive Officer of CPBank, said “CPBank is very pleased to partner with Plaza Premium Lounge. This partnership is our strategy to thrive to offer various, convenient, and excellent services to our customers.”
Kimberly Wong, Plaza Premium Lounge’s Regional General Manager Cambodia, Malaysia, Indonesia said “Plaza Premium Group has always valued the collaboration with airports, airlines and corporate partners which are paramount to our business. With our partnership with Cambodia Post Bank, we aim to provide a better connectivity and comprehensive services to all types of travelers.”
Cambodia Post Bank Plc. is one of the fastest growing commercial bank in Cambodia. It was established in September 2013 under the strategic partnership among CANADIA Investment Holding Plc. (CIH), Cambodia Post (CP) of Ministry of Post and Telecommunications and Fullerton Financial Capital Pte. (FFC). The bank has grown significantly. By 2021, CPBank has achieved total assets of over USD1.12 billion with 60 branches, and 89 ATMs/CDMs nationwide. CPBank has also been recognized locally and internationally. Recently, CPBank was awarded “Quality Achievements Award 2022 in the Platinum Category” by ESQR, Spain, and “Fastest Growing Retail and SME Bank-Cambodia 2022” by International Business Magazine, United Arab Emirates (UAE).