ABA named the Best Bank in Cambodia 2022 by Global Finance
04/Apr/2022
ABA Bank, a member of the National Bank of Canada Group, is named the “Best Bank in Cambodia 2022” by the international financial magazine Global Finance magazine at its 29th annual awards for the World’s Best Banks event in New York. The judges of Global Finance recognized ABA Bank for carefully attending its customers’ needs in the market and accomplishing strong results each year while laying the foundations for future success – all during the two-year global pandemic.
Judges of Global Finance praised ABA’s recent significant development of its ecosystem and innovative enhancements across its products and services:
- Development of ABA Mobile’s Instant Account feature with multiple accounts opening, Instant Loan, and other improvements,
- Integration of ABA Internet Banking for Business with leading online accounting platforms,
- Launch of tax collection for Ministry of Economy and Finance via multiple channels,
- Development of cashless payments via partnership with large retailers and expansion of own merchants’ network,
- Expansion of the network of ABA 24/7 self-baking service spots across the country,
- Introduction of easier account-to-account transfers with a personalized QR code of ABA ID, and others.
Commenting on this celebratory occasion, Askhat Azhikhanov, CEO of ABA Bank said, “It is our eighth consecutive top-tier award from Global Finance, which clearly reflects the commitment of our staff and management team to work hard and be the best banking partner to all Cambodians.
“In 2021, we introduced various innovative services that brought modern financial solutions to more customers, expanded the network of our branches and ABA 24/7 self-banking spots, partnered with government bodies and private businesses to boost digital payments and contribute to the further development of the economy. As before, we dedicate this award to our valued clients and thank them for using our services”, he added.
As a leading bank in Cambodia, ABA is well-known for bringing modern and convenient digital finances to its customers. As of 31 March 2021, ABA Bank manages US$8.3 billion in total assets and manages over 2.1 million customers’ accounts.
ABA Bank is a recipient of multiple international awards in the financial industry. Last year alone, it won Global Finance’s seventh consecutive Best Bank in Cambodia award, was recognized as Cambodia’s Bank of the Year 2021 by The Banker magazine, Best Bank in Cambodia for the eighth time by the Euromoney magazine and the Best Domestic Bank in Cambodia 2021 by the Asiamoney magazine.
About Global Finance
Founded in 1987, Global Finance has a circulation of 50,000 and readers in 193 countries and territories. Global Finance’s audience includes senior corporate and financial officers responsible for making investment and strategic decisions at multinational companies and financial institutions. Global Finance is headquartered in New York, with offices around the world. Global Finance regularly selects the top performers among banks and other financial services providers. These awards have become a trusted standard of excellence for the global financial community.
