Bavet (FN), Jul. 11 – Vattanac Bank continued its branch expansion across Cambodia by launching its 40th branch, Krong Bavet-Sangkat Bavet Branch in Svay Rieng Province on 6 July 2024.

The event was graced by the distinguished presence of Samdech Kittisankahak Bandith Men Sam An, Supreme Personal Advisor to King, Lok Neak Oknha Ly Yong Phat, Senator and Chaiman of Oknha Association of Cambodia and Lok Chum Teav Neak Oknha, H.E Say Samal, Deputy Prime Minister, Minister of Land Management, Urban Planning and Construction, H.E Men Vibol, Chairman of Svay Rieng Provincial Council, H.E Peng Posa, Governor of Svay Rieng Province, Neak Okhna Sam Ang, Chairman of Vattanac Bank, Neak Oknha Chhun Leang, President of Vattanac Bank, Mr. Chou Kimchor, Branch Manager of National Bank of Cambodia Svay Rieng Province, Mr. Anthony Chin, Chief Executive Officer, and Management of Vattanac Bank, local authorities and other distinguished guests to officiate the opening ceremony.

“It is my honor to share the progress of Vattanac Bank’s PHY-GITAL journey – combining the warm physical human engagement and the prowess of digital innovation.” said Mr. Anthony Chin, CEO of Vattanac Bank. He highlighted the bank’s 24/7 customer call center and the central command center's role in ensuring continuous service and control; and the Bank’s progress in digital transformation, especially its award-winning mobile application featuring their AirTransfer, Tilt-For-Receipt, VB Always On, and Digital Account Opening, to name a few.

Mr. Chin further added that in line with Vattanac Bank’s expansion strategy, they will continue to invest in the latest technology and innovation to fulfill their customers’ ever-changing needs, “With these continuous investments and digital transformation, the bank has seen significant growth in its customer base and digital adoption, while maintaining prudent risk management and complying with the controls and prakas of the National Bank of Cambodia.”

Vattanac Bank Krong Bavet-Sangkat Bavet Branch features a new aesthetic design that is clean, energetic and welcoming. We have enabled full digital account opening via tablet or mobile app, choose a customized 9-digit account number, we have also introduced our digital queue management system whereby you will receive your queue number via your mobile phone. This would reduce paper usage and protect the environment.

“Svay Rieng province represents immense potential for Cambodia and the city of Bavet stands out as a vital, bustling hub for cross-border trade and commerce and a place to a thriving industrial sector with numerous factories.” said Neak Oknha Chhun Leang, President of Vattanac Bank.

Neak Oknha Chhun Leang continued, “Today, Vattanac Bank has expanded to 40 branches across 23 provinces in Cambodia with 14 branches located in Phnom Penh city.”

The Vattanac Bank Krong Bavet-Sangkat Bavet branch offers a full suite of banking services and products, including deposits, commercial banking, loans, fund transfers, trade finance, ATMs, cards, digital banking, and other financial solutions that will cater to the needs of customers in Krong Bavet and Svay Rieng province.

“Vattanac Bank's presence in the city of Bavet aligns perfectly with the current and future development needs and contributes towards ensuring the economic stability of the people of Bavet”, said H.E. Peng Phorsa, the Governor of Svay Rieng Province in his speech.

He added, “With its strong reputation, financial stability, and successful track record as it expands from a single branch in 2002 to now operating 40 branches within just 21 years, is a solid foundation which makes Vattanac Bank a trusted partner for businesses, investors and citizens.”
Over the years, Vattanac Bank has earned numerous accolades for its products and services.

This year, the bank received three prestigious awards:

- “Mobile Banking & Payment Initiative of the Year - Cambodia" at the Asian Banking & Finance Retail Banking Awards 2024 held in Singapore. In the award citation, it recognizes Vattanac Bank's suite of modern features which revolutionizes the banking experience in Cambodia.
- “Best Mobile Banking Application” awarded by the Global Business Magazine Awards 2024.
- “Best Business Banking & Trade Services Institution 2024 – Cambodia” awarded by the South-East Asia Business Awards 2024.

Vattanac Bank Krong Bavet-Sangkat Bavet Branch is located on National Road 1, Bavet Kandal Village, Sangkat Bavet, Svay Rieng Province. Customers can already visit the brancVattanac Bank Officially Open Krong Bavet-Sangkat Bavet Branch in Svay Rieng Province to Serve Customer Betterh for banking needs and learn more about the bank’s services.

Additionally, customers can visit for further information or contact the hotline on 023 999 900 for 24/7 customer care assistance.

Vattanac Bank, part of Vattanac Group, is a 100% Cambodian-owned commercial bank offering retail, SME, and corporate banking products and services. Established on November 8, 2002, the bank has consistently demonstrated its commitment to prudent risk management, exceptional service, and the trust of its customers. With its headquarters in Vattanac Capital, a landmark building in Phnom Penh, Vattanac Bank continues to expand and innovate in the Cambodian banking sector.

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