Phnom Penh, 26th April 2023 – Hattha Bank Plc., the Kingdom’s second-largest commercial bank in terms of operational offices is granted Frontier Market Issue Award from International Financing Review Asia (IFR Asia) Awards 2022, organized by International IFR Asia. The award recognizes the outstanding achievement and success of making its leap into successful offshore bond issuance (Thailand Market); and the bonds issuance is for the purpose of raising funds from abroad to meet the credit needs of Cambodian people to expand their business.
The award ceremony was held in Singapore.
Taking this opportunity, Hattha Bank would like to express its deep gratitude to the Guardian Authority “National Bank of Cambodia” and the Securities and Exchange Regulator of Cambodia (SERC), for the lead and support until Hattha Bank successfully won the IFR Asia Awards "Frontier Markets Issue in 2022" at this time.
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 March 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 range of financial services to customer 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.