Prince Bank Celebrates ‘8th Anniversary’ Forging Ahead with Gratefulness & Optimism
A Big Thank You to all the endless support given by valued customers, business partners, shareholders, and dedicated hardworking staff for making the journey treasured and our achievements a reality.
Multiple award-winning Prince Bank Plc. had its humble beginnings in 2015 and has since grown to become a strong contender in the Cambodia banking industry, thanks to its state-of-the-art digital banking platforms, personable service, and meaningful products and services that solve our customers’ financial services needs that are simple and uncomplicated, putting convenience first and secured for a delightful banking experience.
“Prince Bank officially turns 8 today. Looking back on this journey of eight years with Prince Bank, I’m full of excitement and appreciation.
It was no less an exciting journey full of ups and downs as we experienced unprecedented challenges of the Covid-19 pandemic and world economic challenges but ultimately, through dedication, hard work, and excellent teamwork, we persevered and managed to implement our growth strategies and find our path to success as one of the fastest growing & digitally driven commercial bank in Cambodia by Cambodians.
I want to take this opportunity to show my appreciation to our employees from the front liners to leaders of the bank; Prince Bank will not be who it is today without all your commitment and determination to succeed and overcome challenges.
I’m so proud to have all of you as my colleagues along this incredible journey! More importantly, it would be our valued business partners and customers for their trust and continuous support for Prince Bank throughout the years.
We pledge to be your bank of choice supported by products and services that are simple, convenient, and secure for all your banking needs. When you succeed, we succeed together and your support and belief in us constantly trying harder in serving your needs is our raison d’être. I look forward to serving you in the decades to come”
An Award-Winning Bank by Cambodians for Cambodia
Prince Bank has recently won a string of world-class awards in innovation, supporting the SME sector, stringent Corporate Governance, impactful Corporate Social Responsibility (CSR), and being the Best Commercial Bank in Cambodia. We thank all our valued customers and business partners who made this possible. This is a testament to our dedication and the constant pursuit of making Prince Bank the preferred Bank of Choice for Cambodians.
Integrated System with all the Local Funds Transfer systems initiated by the National Bank of Cambodia and the International Partnership with Ria Money Transfer and Merchant trade for International Remittance.
We are a member bank of NBC’s local transfer systems such as FAST Payment, Retail Pay, National Clearing (NCS), and Bakong to offer various choices to customers in performing the interbank funds transfer. Last year, we partnered with Ria Money Transfer to enable the international remittance service at our branches and on PRINCE Mobile App where customers perform real-time inbound and outbound transfers with affordable fees.
We have also partnered with the Merchantrade Service for outbound remittance so that customers can carry out the transaction performance at the branches.
PRINCE Mobile App – the award-winning mobile banking application with innovative features and security where users can access a wide range of Savings and Cash Management products with peace of mind.
Prince Bank has wide-ranging capabilities for digital banking, including mobile banking and digital payments, all within a convenient and secure system, PRINCE Mobile App. The features packed PRINCE Mobiles has won multiple awards year after year for innovation, providing the best mobile banking solution to customers for their banking needs.
From new account openings to payments and transfers, customers can remotely access the banking services with Prince Bank on their mobile phones securely, anytime and anywhere! Enhancements and improvements include interbank payments – KHQR, international remittance – Ria Money Transfer, cards management & creation, and payments to serve customers’ needs in this digital economy.
Users can create new accounts instantly on PRINCE Mobile anywhere, anytime, and even customize their account number with special or lucky numbers.
Customer-Focused Priority Banking Centers where discretion and service matter for the wealthier segment.
We have set up numerous Prince Bank’s Priority Banking Centers to serve the needs of high-net-worth customers who demand bespoke banking services that they are accustomed to. Our Priority Banking customers enjoy dedicated, discreet, and personalized service in a luxurious and private environment with a dedicated relationship manager on appointment.
Additionally, our Priority Banking customers enjoy exceptional service and financial advisory from their relationship manager, such as their assistance in managing their bank accounts and performing banking transactions and management services. Additionally, they also enjoy additional perks and exclusive privileges from our local and global partners.
Best-in-class Corporate Governance supported with a Strong Capital base, significantly strengthening our operations, management, and financial position.
As with any best-in-class bank, Corporate Governance takes central stage in how we run Prince Bank, our stringent governance controls range from diverse high-caliber professional directors, board committees, and management committees providing checks and balances to the bank to substantial capital ratios.
The Board of Directors and management team have been instrumental in steering the bank with wisdom and care, inching itself to the forefront of banking in Cambodia by trying and working harder at every step to ensure the bank provides the best financial products and solutions to its customers.
Prince Bank’s paid-up capital stands at USD 250 million, well above the minimum regulatory requirement of USD 75 million for a commercial bank. Our total assets are over USD 1,050 million, mainly from the growth of net customer loans and supported by healthy deposits from customer deposits.
All these have resulted in us standing shoulder to shoulder with the key banks in Cambodia as the best financial service provider for both the people and Cambodia.
Bancassurance Partnership with world-renowned AIA Life Insurance.
Striving to offer valuable financial services to our valued customers, in 2022, Prince Bank launched a strategic partnership with AIA (Cambodia) Life Insurance Plc. offering bancassurance products and services to our valued customers through a convenient one-stop service and the opportunity to effortlessly access a wide range of best-in-class insurance and banking solutions. All 34 branches of Prince Bank Plc. have an AIA counter to offer insurance consultation while they bank with us. We have integrated the premium payment system with AIA, giving our customers payment convenience to AIA on PRINCE Mobile app.
Human Resources is one of our main focuses and a critical factor that led the bank to where it is today.
Our people are the most valuable assets and our key strength. Starting from only 109 staff, we are now over 1,000 strong spreading across 34 branches throughout the Kingdom. The multiple award-winning Human Resources (HR) team is amongst the best in class and is vital in attracting, retaining, and upskilling our staff for career growth and job satisfaction. Prince Bank has consistently cultivated a positive and rewarding workplace for our talented individuals by creating a professional working environment with a strong sense of belonging within a conducive, favorable, and friendly working environment for them to contribute and grow their careers.
Full-Fledge of Credit and Debit Cards Constantly Rewards & Discounts that Benefit the Users.
Prince Bank works tirelessly to be innovative to ensure that every single Prince Bank cardholder can enjoy all the privileges and benefits they deserve while utilizing our credit card services. Customers receive the best deals for their daily living and holiday traveling including flight & accommodation, food delivery, shopping, entertainment, and so much more!
PRINCE MobileBiz App and PRINCE Merchant App Offers Best in Class Convenience for Our Business Customers and Merchants.
PRINCE MobileBiz and PRINCE Merchant apps are award-winning power-packed business mobile banking applications with features serving the specific needs of businesses that are easy to use, convenient, and secure.
Business owners and Prince Merchants can manage their finances with Prince Bank remotely, never having to step foot into a physical bank. With the PRINCE MobileBiz app, customers can receive and transfer funds to another business partner and day-to-day financial management with ease, meanwhile, on the PRINCE Merchant app business owners can manage all their branches or retail outlets’ transactions easily and enjoy the cashless payment collection with KHQR system.
On top of that, Business customers can enjoy various benefits from the Business Plus account which earns interest while it conveniently performs daily cash management, and the Business Checking Account which manages all the essential financial tasks of operating a business while optimizing both their business funds and personal funds.