Phnom Penh, April 27, 2023: Hattha Bank, one of Cambodia's leading commercial banks, has signed a Memorandum of Understanding (MOU) with Viettel Cambodia (Metfone), a Leading mobile operator in Cambodia.
Through this Memorandum of Understanding, the parties will cooperate in providing services and marketing strategies for each other in order to benefit the customers and employees of both parties. In addition, the parties also agreed in a cooperative manner to establish a good-faith foundation for future collaborative efforts to provide more benefits to their customers and the Cambodian people.
Oknha Hout Ieng Tong, President and CEO of Hattha Bank said “Today event of the cooperation between Hattha Bank and Viettel Cambodia (Metfone) is very important and beneficial to Hattha Bank's customers and employees. Our customers and employees will pay for the Internet fee via Hattha Mobile with the special price of the Internet package (eGift Service), receive a special offer of Internet Home Package for Hattha Bank employees, SMS Brand Name and E-connect with a special price, supported to promote Hattha Bank services and promotions in CAMID app, and other services as provided to the customer and Hattha Bank employees.
He continued “In this digital age, Internet services play an important role in financial transactions via mobile banking or online. Therefore, Hattha Bank trusts Viettel Cambodia (Metfone) to work together in providing the best internet service and affordable package to Hattha Bank customers using Metfone. In addition, he believes that the collaboration between Hattha Bank and Viettel Cambodia (Metfone) will make it easier for Hattha Bank customers that use the Metfone internet service and reduce their expenses as well.
Mr. Cao Manh Duc, CEO of Viettel Cambodia said: “Today's signing of the Strategic Cooperation Agreement between our both companies is not only expected to strengthen the relationship between Metfone and Hattha Bank but also a turning point in the expansion of multi-sectoral cooperation on digital and telecommunications for the banking industry in Cambodia.”
About Hattha Bank:
Hattha Bank officially transformed from Hattha Kaksekar Microfinance Institution Limited into a commercial bank in August 2020 after providing financial services in Cambodia for nearly 30 years. As of January 2023, Hattha Bank has a total of 177 branch offices, 143 ATMs, and over 643 thousand customer accounts with a total portfolio of more than USD 1.9 billion and a total savings portfolio of more than USD 1.3 billion. Hattha Bank provides a wide array of financial services for clients including loans, deposits, domestic money transfers, cross-bank transfers to local banks, cross-border remittance, ATM service, Mobile Banking, payroll service, as well as the referral agent of insurance service, and much more. Hattha Bank is a subsidiary of Krungsri Bank, the fifth-largest commercial bank in the Kingdom of Thailand, and a member of the Mitsubishi UFJ Financial Group (MUFG), Japan's largest financial group and also one of the largest financial services alliances in the world.
About Viettel Cambodia
For 14 years of operation, Metfone is now the largest telecommunications operator in Cambodia with over 9 million subscribers. Despite the growth of the global telecommunications industry, Metfone continues to maintain its growth momentum in terms of revenue, which is currently valued at up to USD 1 billion. Metfone's relentless innovation efforts are the vision of sustainable development, continuing to affirm its position as a pioneering brand in the technology field.