ABA Bank

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File:ABA Bank official logo.jpg
ABA Bank official logo

ABA Bank (Advanced Bank Of Asia Ltd.) is a commercial bank of the Kingdom Of Cambodia. It was founded in 1996 by bankers from Cambodia and Korea with its headquarters in Phnom Penh.

ABA Bank is a multi-branch network universal commercial bank offering a full range of banking products and services.

As of June 2015, the bank has 28 branches.[1]

In 2014, ABA Bank received two awards from the world’s most prominent financial publishers, The Banker and Euromoney[no citations needed here] as Cambodia’s Bank of the Year 2014 and Best Bank in Cambodia 2014 respectively. In 2015, Global Finance financial magazine awarded ABA as 'Best Bank in Cambodia 2015'.[no citations needed here]

In July, 2014 National Bank of Canada [2] became ABA Bank shareholder. On January 23, 2015 ABA Bank and National Bank of Canada announced the agreement for an additional USD 20,000,000 investment.[1][no citations needed here] Upon completion of the transaction, National Bank of Canada will have increased its shareholding in ABA Bank from 30% to 42%.[no citations needed here]

Products and services

  • Deposits
  • Payroll service
  • Micro, SME Loans
  • Money transfer services
  • Trade finance
  • Payment Cards (VISA, MasterCard, China UnionPay)
  • ATMs
  • Cash-in machines (CDM)
  • Internet and mobile Banking
  • SMS & E-mail Banking
  • Call-center 24/7
  • ABA Priority Lounge
  • ABA Point discount program

[no citations needed here]

Shareholders

The bank has two shareholders: Damir Karassayev (58%) and National Bank of Canada (42)%.[1][no citations needed here]

See also

References

  1. 1.0 1.1 1.2 Advanced Bank of Asia official site Cite error: Invalid <ref> tag; name "ababank" defined multiple times with different content Cite error: Invalid <ref> tag; name "ababank" defined multiple times with different content
  2. National Bank of Canada official site

External links