Top 10 Banks in Cambodia: Comprehensive Guide to the Best Banking Options

Cambodia’s banking sector has seen robust growth over the past decade, marked by a blend of resilient local institutions and increasingly active foreign banks. For expats, locals, and investors, choosing the right bank can impact everything from everyday transactions to major business operations.

This guide identifies the top 10 banks in Cambodia and explores what makes each institution stand out in a competitive financial landscape.

1. ABA Bank (Advanced Bank of Asia Limited)

ABA Bank is a dominant player in Cambodia’s digital banking scene. With an intuitive mobile banking app, extensive ATM coverage, and a strong digital ecosystem, ABA is ideal for individuals and businesses alike.

• Services: Retail and corporate banking, salary loans, QR and digital payments
• Affiliation: Subsidiary of National Bank of Canada Group
• Recognition: Named Best Bank in Cambodia by Global Finance Magazine

2. ACLEDA Bank

Originally founded to support micro and small enterprises, ACLEDA has grown into one of Cambodia’s largest commercial banks. With a vast network of branches and ATMs, it’s a top choice for nationwide banking needs.

• Services: E-banking, SME loans, savings and deposits, international remittances
• Innovation: Pioneered Cambodia-Thailand cross-border QR payments
• Affiliation: Independent, Cambodian-owned

3. Canadia Bank

Established in 1991, Canadia is among Cambodia’s most trusted financial institutions. It is particularly strong in lending and has recently modernized with smart branches and an enhanced app.

• Services: Corporate lending, retail banking, mortgages
• Awards: Best Retail Bank by The Asian Banker

4. Foreign Trade Bank of Cambodia (FTB)

As Cambodia’s oldest local commercial bank, FTB has maintained a solid reputation for reliability and excellent customer service. Its mobile banking and ATM reach make it ideal for basic banking operations.

• Services: Money transfers, bill payments, savings accounts
• Strength: Competitive fees and user-friendly digital services

5. Phillip Bank

Phillip Bank is the only Singaporean-owned commercial bank in Cambodia. It’s favored by foreign investors and SMEs for its trustee and asset management services.

• Services: SME banking, corporate services, investment facilitation
• Affiliation: Part of PhillipCapital Group (Singapore)

6. Maybank Cambodia

Part of the Malaysian Maybank Group, Maybank Cambodia serves both corporate and retail clients. It’s known for its financial strength and tailored business banking services.

• Services: Loans, insurance, credit cards, corporate financing
• Affiliation: Maybank Group (Malaysia)

7. Wing Bank

Wing Bank revolutionized Cambodia’s payment landscape with its mobile-first banking services. It’s a go-to choice for digital payments, especially among the unbanked population.

• Services: Remittances, mobile wallet, bill payments
• Target Audience: Urban and rural consumers seeking mobile convenience

8. BRED Bank Cambodia

A subsidiary of BRED Banque Populaire (France), this bank provides international-standard retail and corporate services. It’s known for transparency and customer-centric banking.

• Services: Expat-focused accounts, loans, digital banking
• Affiliation: BRED Banque Populaire (France)

9. Sathapana Bank

Transitioning from a microfinance institution to a full-service bank, Sathapana offers tailored products for SMEs and individual clients.

• Services: SME loans, personal finance, deposits
• Strength: Deep rural reach and financial literacy programs

10. Cambodian Public Bank

A subsidiary of Public Bank Berhad (Malaysia), this institution offers comprehensive financial solutions across Cambodia.

• Services: Deposit services, lending, international transfers
• Affiliation: Public Bank Berhad (Malaysia)

Comparison Table

Bank Name	Key Features	Foreign Affiliation	Strengths	Digital Services	Branch Network
ABA Bank	Digital leader, salary loans	National Bank of Canada	Tech-savvy, large ATM base	Excellent mobile app	Extensive
ACLEDA Bank	Microfinance legacy, QR payments	None	Broad reach, SME focus	Strong mobile platform	Countrywide
Canadia Bank	Lending expert, smart branches	None	Stability, customer service	Modernized services	Wide
FTB	Traditional retail bank	None	Low fees, trusted brand	User-friendly app	Good urban coverage
Phillip Bank	SME and investment support	PhillipCapital (Singapore)	Foreign investor focus	Enhanced mobile app	Expanding
Maybank Cambodia	Regional business bank	Maybank (Malaysia)	Corporate banking solutions	Reliable services	Moderate
Wing Bank	Mobile-first, remittances	None	Popular digital wallet	Wing app	Urban & rural outlets
BRED Bank Cambodia	Expat-friendly, transparent pricing	BRED Banque Populaire	European banking standards	Digital accounts	Limited
Sathapana Bank	SME loans, financial literacy	None	Strong microfinance roots	Functional app	Broad rural reach
Cambodian Public Bank	Strong foreign backing, full services	Public Bank Berhad	Regional network	Standard digital services	Moderate

Factors to Consider When Choosing a Bank in Cambodia

Choosing the best bank in Cambodia depends on your financial goals and lifestyle. Here are critical aspects to assess:

• Branch & ATM Access: Ensure the bank has a convenient footprint where you live or work.
• Digital Capabilities: Apps and internet banking are increasingly vital, especially for expats.
• Interest Rates & Fees: Compare deposit rates, loan terms, and service fees.
• Customer Service: Multilingual support and responsiveness can greatly impact user experience.
• Suitability: Expats might prioritize banks with strong foreign affiliations and English support.

For updated supervision reports and financial data, consult the National Bank of Cambodia.

Conclusion

Cambodia’s top 10 banks reflect the country’s evolving financial ecosystem blending tradition, innovation, and international collaboration. Whether you’re an expat managing personal finances, a local entrepreneur seeking funding, or an investor exploring Southeast Asia, Cambodia offers solid and diverse banking options.