Maybank Cambodia again named Best International Bank at Asiamoney Awards

Maybank Cambodia again named Best International Bank at Asiamoney Awards

Maybank Cambodia was once again awarded the Best International Bank in Cambodia 2022 at the Asiamoney Best Bank Awards, making it the third win in a row.

This honor comes in recognition of his commitment to having a positive impact on the community and providing excellent customer service by innovating and improving the banking experience for his personal and business banking customers.

This is in addition to the recent announcement of the Euromoney Market Leaders 2022 ranking, which recognized Maybank Cambodia as a “market leader” in corporate and social responsibility and “highly rated” in the digital banking and mobile banking segments. SME banking services.

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“This recognition recognizes our commitment to providing excellent customer service by innovating and improving the banking experience for our personal and business banking customers, while supporting marginalized and disadvantaged members of the community through education, l empowerment and financial inclusion,” said Rath, CEO of Maybank Cambodia. Sophoan.

Since the onset of the pandemic, Maybank Cambodia has worked closely with SMEs and individuals to help them support their businesses and strengthen their livelihoods through financial relief plans and advisory services.

Maybank has also partnered with SME Bank of Cambodia on SME Bank co-financing programs and Credit Guarantee Corporation of Cambodia (CGCC) on credit co-financing programs.

These offer affordable interest rates on SME loans and credit guarantee schemes that act as collateral to reduce the demand for collateral assets for SME borrowers.

Maybank and CGCC have also collaborated to develop the SME market through capacity building efforts by providing relevant business support instruments and technical advice based on international best practices to support growth, productivity and growth. innovation through the SME Capability and Capacity Building Program.

Maybank’s superior foreign exchange services for international trade and the continuous improvement of its digital regional cash management system, Maybank2E (M2E), provide its corporate and commercial customers with access to competitive foreign exchange prices and greater efficiency in cash management.

In 2021, the number of customers registering for M2E increased by 48% year-over-year.

Maybank, in collaboration with the National Bank of Cambodia (NBC), has also launched a low-cost peer-to-peer platform for real-time fund transfer between Malaysia and Cambodia via Maybank Malaysia’s MAE app and NBC’s Bakong e-wallet. .

This is in line with the bank’s sustainability commitments to greater financial inclusion.

Recently, Maybank Secure2u, a premium secure verification option and a first in Cambodia, was introduced, providing a safer and more convenient way to authorize transactions on the Maybank2u app and with online banking.

This is in addition to the introduction of the QR Pay service through KHQR, enabling a seamless and safer cashless payment experience.

Despite the prolonged pandemic, Maybank Cambodia has continued to support its community empowerment initiatives, such as training and capacity building for poor and marginalized weavers and farmers through the Maybank Women Eco-Weavers program.

The bank teaches children about financial literacy through the Cashville Kidz program and supports disadvantaged students in the People Improvement Organization with monthly sponsorship and engagement support from Maybank staff.

“Centered on our mission of ‘humanizing financial services’, Maybank continues to focus on accelerating its long-term competitive advantages for the communities in which we serve.

“The introduction of our digital product and service platforms demonstrates our commitment to delivering on our M25 plan by being ubiquitously digital and ensuring that all of our stakeholders remain sustainable,” Sophoan said.

Maybank Cambodia has always been recognized for its leading role in offering innovative products to SMEs, as well as providing digital and financial inclusion solutions in Cambodia.

Apart from the recognition from Asiamoney and the Euromoney “Market Leader” ranking, Maybank Cambodia has also won several prestigious awards for 2022.

The leading financial services provider has won the International Retail Bank of the Year-Cambodia award at the Asian Banking & Finance Retail Banking Awards 2022.

It also won Best Retail Bank in Cambodia at the Retail Banker International Asia Trailblazer Awards 2022.

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