Canadia Bank wins Best Domestic Bank and Best SME Bank in Cambodia in International Finance Awards 2022

Canadia Bank, Cambodia’s leading commercial bank, was awarded “Best Domestic Bank in Cambodia” and “Best SME Bank in Cambodia” by International Finance Awards 2022. Canadia Bank is the first and only local commercial bank that won the “Best Domestic Bank” four times over the last 5 years and won the Best SME Bank twice in 2018 and 2022.

The International Finance Awards’ “Best Domestic Bank” and “Best SME Bank” are prestigious honors in the financial sector across different markets that recognize accomplishments of banks in innovation, infrastructure development, and customer-centricity. Each award winner is selected after careful consideration of nominations by a qualified research team from International Finance, a UK-based premium business and finance magazine.

The “Best Domestic Bank in Cambodia” award is a testament in upholding Canadia Bank’s status as one of the leading banks in Cambodia. Since its establishment in 1991, Canadia Bank continues to improve its performance year after year and remains resilient in the new era of banking in the Kingdom’s financial market.

Having won the award once in 2018, the “Best SME Bank in Cambodia 2022” is, yet again, another recognition of the Bank’s focus on the SME business segment and its support to the government-led initiatives for the SME business in Cambodia. In May 2021, Canadia Bank was one of the first banks to participate in the Business Recovery Guarantee Scheme (BRGS) led by Credit Guarantee Corporation of Cambodia (CGCC) under Cambodia’s government initiative to support the recovery of Small and Medium Enterprise in various sectors during and post-pandemic.

Mr. Raymond Sia, CEO and Executive Director of Canadia Bank, expressed his appreciation to the International Finance magazine for these recognitions. “My colleagues and I are very honored that Canadia Bank’s performance and corporate excellence are continuously being recognized by reputable publications like International Finance. We remain steadfast and fully committed in bringing the best products and services to fit the market demand and to be the best financial partner to our customers,” he added.

Canadia Bank is a leading local and full-service commercial bank in Cambodia since 1991. In 2022, Canadia Bank was awarded “Dream Company To Work For” by World HRD Congress, “The Best Managed Bank in Cambodia” by The Asian Banker, and most recently, the “Best Domestic Bank” and “Best SME Bank” in Cambodia by International Finance Awards 2022. We have been recognized and awarded by The Asian Banker as “The Strongest Bank by Balance Sheet in Cambodia” for the last 3 consecutive years and as “The Best Retail Bank in Cambodia” in 2021.  As of March 2022, the Bank has 63 branches, 372 ATMs, and CRMs across Cambodia.

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