CPBank and Amret’s Customers Can Withdraw Cash from each other’s ATMs without any Fee Charge

Cambodia Post Bank (CPBank) and Amret collaborate to allow customers from both institutions to use their ATM card and Visa debit cards to withdraw cash through ATMs of both institutions in 25 provinces free of charge.

The MOU signing ceremony between the two institutions took place on 08 April 2022 at Olympia City Hotel, attended by the managements of both institutions.

Currently CPBank has 89 ATM locations, while Amret has 35 ATM locations nationwide. Therefore, all customers of CPBank and AMK Microfinance can withdraw cash from 123 ATMs nationwide free of charge.

Toch Chaochek, CEO of CPBank, said “CPBank is very pleased to partner with Amret. This partnership is our strategy with a common goal of strengthening and expanding our ATM networks to make it faster, easier and closer to customers.”

Dos Dinn, CEO of Amret, said “Today’s MOU will provide another convenience to customers from both institutions. They can use our ATMs machines for checking account balance, changing password, and withdraw cash free charge any time.”

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 many time. Recently, CPBank was awarded “Fastest Growing Retail and SME Bank-Cambodia 2022” by International Business Magazine from United Arab Emirates (UAE).