Canadia Bank Overview and Growth

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Canadia Bank has been a driving force in Cambodia's financial sector for over 30 years.

Established in 1993, Canadia Bank has grown to become one of the largest banks in the country.

With a strong presence in both rural and urban areas, Canadia Bank has managed to reach a wide customer base.

The bank's commitment to innovation and customer satisfaction has earned it a reputation as a reliable and trustworthy financial institution.

For your interest: Canadia Bank Swift Code

History of Canadia Bank

Canadia Bank has a rich history that spans over three decades in Cambodia's market. The bank was established on November 11, 1991, under the name "Canadia Gold and Trust Corporation Limited".

The bank's name has undergone several changes over the years, with the first change happening on April 19, 1993, when it was renamed to "Canadia Bank LTD". This was followed by another change on December 16, 2003, when the bank's name was changed to "Canadia Bank PLC".

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A contemporary city skyline featuring tall buildings and a prominent bank at dusk.
Credit: pexels.com, A contemporary city skyline featuring tall buildings and a prominent bank at dusk.

In 2009, Canadia Bank took a significant step by opening its iconic Canadia Tower for business. This state-of-the-art tower has since become a prominent landmark in the country.

The bank's commitment to innovation is evident in its mobile banking and internet banking services, which were launched in 2013. This marked a significant shift towards digital banking, making it easier for customers to manage their finances on the go.

In 2020, Canadia Bank launched a new modern website, https://www.canadiabank.com.kh/about, which provides customers with a seamless online experience.

The bank celebrated a major milestone on November 11, 2021, marking its 30th year in Cambodia's market. This achievement is a testament to the bank's dedication to serving the country's financial needs.

Here are the key milestones in Canadia Bank's history:

  • 1991: Canadia Bank established under the name "Canadia Gold and Trust Corporation Limited"
  • 1993: Name changed to "Canadia Bank LTD"
  • 2003: Name changed to "Canadia Bank PLC"
  • 2009: Canadia Tower opened for business
  • 2013: Mobile Banking & Internet Banking launched
  • 2020: New modern website launched
  • 2021: Canadia Bank celebrates 30th year in Cambodia's market
  • 2023: Official launch of All-New Canadia Bank App for Mobiles

Market Presence

Canadia Bank has a significant market presence in the region, with a network of over 50 branches across the country.

The bank's extensive branch network allows it to cater to a large customer base, with many branches located in major cities and towns.

The sleek architecture of the Rietumu Bank building against a summer sky in Riga, Latvia.
Credit: pexels.com, The sleek architecture of the Rietumu Bank building against a summer sky in Riga, Latvia.

Canadia Bank's market presence is also strengthened by its partnership with international banks, which enables it to offer a range of international banking services to its customers.

This partnership has helped the bank to expand its customer base and increase its market share in the region.

Canadia Bank's market presence is further enhanced by its commitment to innovation, with the bank investing heavily in digital banking technologies to improve customer experience and efficiency.

The bank's focus on innovation has enabled it to stay ahead of the competition and maintain its position as a leading bank in the region.

Frequently Asked Questions

Who owns Canadia Bank?

Canadia Bank is owned by Overseas Cambodian Investment Corporation Ltd. (OCIC), a Cambodian company.

What is the credit rating of Canadia Bank?

Canadia Bank's credit rating is 'BB-' with a Stable Outlook, indicating a moderate level of creditworthiness. This rating is assigned by Capital Intelligence, a reputable international credit rating agency.

Angel Bruen

Copy Editor

Angel Bruen is a seasoned copy editor with a keen eye for detail and a passion for precision. Her expertise spans a variety of sectors, including finance and insurance, where she has honed her skills in crafting clear and concise content. Specializing in articles about Insurance Companies of Hong Kong and Financial Services Companies Established in 2013, Angel ensures that each piece she edits is not only accurate but also engaging for the reader.

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