ABA Bank opens in Kampot
Our promising city of Kampot opens today the branch of a new bank in town: ABA (Advance Bank of Asia Ltd), a joint Cambodia – South Korea enterprise that started in 1996 and today is growing as an option to provide commercial banking services. Other banks in Kampot Province include Canadia, Acleda, Amret and Cambodian Public Bank. ABA offers services such as deposit account, credit, trade finance, money transfer and cash management. It has also an ATM in its own offices, located just in Kampot downtown, near the Main Traffic Circle. ABA has 20 branches, mostly located in Phnom Penh. Provinces include Siem Reap, Sihanoukville, Battambang, Kampong Cham, Kampong Speu, Kampong Thom, Pursat, Chbar Ampov, Chom Chao, Takhmao, Takeo, Kampot and Kampong Chnang. It has more than 60 ATMs and 325 million in deposit portfolio. The deposit and customer base extends to 40,000 accounts with 4,000 borrowers.