In the midst of the Covid-19 pandemic sweeping across the globe, PPCBank is committed to supporting financially-hit customers while continuing to provide a growing range of world-class financial services across Cambodia.
PPCBank officially listed its first corporate bonds on the Cambodia Securities Exchange (CSX) on Tuesday, April 21, 2020 after obtaining the approval of the Securities and Exchange of Commission of Cambodia (SECC)on its subscription and allocation results on April 10, 2020.
PPCBank successfully raised KHR 40 billion during the 1st phase of its bond issuance process amidst COVID-19 pandemic. The 1st phase investors have subscribed to FX-indexed bonds with an interest of 6.5% per annum anda maturity of 3 years.
As Covid-19 has sparked a worldwide crisis, people have been changing the way they perform everyday tasks. Since the novel corona virus travels through respiratory droplets that are produced when an infected person coughs or sneezes,
Phnom Penh Commercial Bank (PPCBank) announced its new president Chang Moo Shin and $36 million paid-in capital increase to be among the first banks meeting the new requirement of NBC registered capital.
When new Korean shareholders boosted Phnom Penh Commercial Bank (PPCBank) with a $20 million capital increase this year they had placed the commercial bank, then already among Cambodia’s largest, on a path primed for further growth and pioneering developments.
As a result of Korean banking know-how and increased capital, PPCBank has been able to further its ambitions in the Cambodian market.
On 5th May 2017, VISA Inc has celebrated an evening of appreciation with its clientele bank in Cambodia. The event “Cambodia Client Appreciation Night” was held at Sofitel Phokeethra, Phnom Penh, and was participated 26 banks who are members of VISA Inc.
Aside from expressing its appreciation to its clients, the event was rejoiced through awards and recognition to the top-performing banks.
PPCBank Visa cardholders can now get access to extensive deals and offers when using PPCBank Visa card to pay for traveling, dining, shopping, entertainment and many more with participating merchants local and abroad.