Cambodian Public Bank Overview and Key Facts

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Two young monks in saffron robes at Angkor Wat, Cambodia during a sunny day.
Credit: pexels.com, Two young monks in saffron robes at Angkor Wat, Cambodia during a sunny day.

Cambodian Public Bank is a leading commercial bank in Cambodia, with a rich history dating back to 1992. It was established by the Royal Government of Cambodia to provide banking services to the public.

The bank has a strong presence in the country, with over 40 branches and a wide range of financial products and services. Its headquarters is located in Phnom Penh, the capital city of Cambodia.

Cambodian Public Bank offers a variety of deposit accounts, including savings accounts, current accounts, and fixed deposit accounts. These accounts are designed to meet the different needs of individuals and businesses.

The bank's customer base is diverse, with a mix of individual and corporate clients. Its customer service is known for being friendly and efficient, making it a popular choice among Cambodians.

Financial Information

Cambodian Public Bank offers a range of financial services to its customers. The bank provides a variety of deposit accounts, including savings accounts and fixed deposit accounts.

Credit: youtube.com, Cambodian Public Bank

With a wide range of deposit accounts, customers can choose the one that best suits their needs. The bank's savings accounts offer a competitive interest rate, making it an attractive option for those looking to grow their savings.

The bank's financial information is transparent, with clear details on interest rates, fees, and other charges. This helps customers make informed decisions about their financial transactions.

Financial Data

Financial Data is a crucial aspect of managing your finances. It's essential to keep track of your income and expenses to make informed decisions about your money.

Having a clear picture of your financial data can help you identify areas where you can cut back and allocate your resources more efficiently. For example, if you're spending more than you're earning, you may need to adjust your budget to avoid debt.

According to the article, the average person spends around 30% of their income on housing, which is a significant portion of their overall expenses. This can vary depending on factors like location and lifestyle.

Credit: youtube.com, FINANCIAL STATEMENTS: all the basics in 8 MINS!

Keeping your financial data organized can also help you save time and reduce stress in the long run. By automating your finances and setting up regular transfers, you can ensure that your bills are paid on time and your savings are growing steadily.

The article also highlights the importance of tracking your credit score, which can affect your ability to secure loans and credit cards. A good credit score can also help you negotiate better interest rates and terms.

By regularly reviewing your financial data, you can stay on top of your finances and make adjustments as needed. This can help you achieve your financial goals, whether it's saving for a down payment on a house or paying off high-interest debt.

Other Swift Codes

Financial institutions may have multiple SWIFT codes representing different branches. This is why it's essential to double-check with the recipient before sending money to ensure you have the right code.

Credit: youtube.com, SWIFT Payment System Explained

A single financial institution can have several SWIFT codes that differ by just a few letters or numbers. This can lead to delays or even failed transactions if the wrong code is used.

Always verify the SWIFT code with the recipient to avoid any issues. This is especially important when dealing with international transactions where a small mistake can have significant consequences.

Frequently Asked Questions

Who is the CEO of Cambodia Public Bank?

The CEO of Cambodia Public Bank is Mr. Ong Ming Teck, who was appointed on 11 January 2021. He is also an Executive Director of the bank.

Can I open a Cambodian bank account?

To open a Cambodian bank account, you'll need a valid passport, a certified residential document, and proof of employment or business in Cambodia, such as an employment contract or business agreement. If you meet these requirements, you can proceed with opening a bank account in Cambodia.

Elena Feeney-Jacobs

Junior Writer

Elena Feeney-Jacobs is a seasoned writer with a deep interest in the Australian real estate market. Her insightful articles have shed light on the operations of major real estate companies and investment trusts, providing readers with a comprehensive understanding of the industry. She has a particular focus on companies listed on the Australian Securities Exchange and those based in Sydney, offering valuable insights into the local and national economies.

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