ABA Bank awarded Cambodia's Technology Bank of the year for 2nd year

12/08/2013

ABA Bank awarded Cambodia's Technology Bank of the year for 2nd year

The region’s best banks were recognized at the 2013 Asia Banking & Finance Wholesale Banking Awards ceremony where for the second consecutive year Advanced Bank of Asia (ABA Bank) was awarded the prestigious title as Cambodia’s Domestic Technology and Operation Bank of the Year!

Organized by regional financial magazine, Asian Banking & Finance (ABF), the high profile awards ceremony takes place in Singapore with the annual event being attended by over 150 representatives of the banking and financial industry from across the Asia-Pacific.

During the award ceremony announcement ABA Bank was credited to receive the award for the Bank’s improvements and continuous work on the innovation and development of technologically improved services to serve its customers better and maintain their loyalty.

Commenting soon after the announcement ABA Bank Chief IT Officer, Mr. Galym Temirov noted, “Since being first selected for this prestigious award in 2012 our IT system has continued to be improved significantly: we implemented applications to process payments for various services, such as mobile, CTV, Internet, utilities, etc. through our ATMs and branches. The system also allows our clients to replenish their deposit accounts or repay loans. For this purpose, we used the synergy of working with our new project – Pay&Go, which gives safe and easy way to pay for services through Pay&Go website, mobile application, and via top-up agents.” 

The Asian Banking & Finance editorial team further explained the nomination of ABA Bank was part of a screening process involving industry experts with the award judgement being made by representatives of well-known international consulting companies, including PwC, KPMG, Deloitte Consulting, and Ernst & Young. During the evaluation process, the judges had to consider each nominee’s strategy, striving for innovation, benefits to the market and how flexible they are to changes and progressive opportunities (dynamism).

Asian Banking & Finance Magazine continues to be one of the leading publications for banking and finance executives in Asia, focusing on commercial and retail banking and on securities market from a banking perspective.