Canadia Bank

Infobox Company
company_name = Canadia Bank PLC. Cambodia
company_
vector_
company_type = Private
genre =
foundation = Cambodia (1991)
founder =
location_city =
location_country =
location = Phnom Penh, Cambodia
origins =
key_people = Pung Kheav Se, Executive Director
Phuong Khinh Hoa, Executive Director
area_served =
industry = Banking and Finance
products = Financial Services
revenue =
operating_income =
net_income = $293.78 million USD (2005) [http://www.canadiabank.com/ocic_2005.pdf]
num_employees = unknown
parent =
divisions =
subsid =
owner =
company_slogan = Your most reliable partner
homepage = [http://www.canadiabank.com www.canadiabank.com]
dissolved =
footnotes =

Canadia Bank (not to be confused with the country, Canada) is the largest local bank in Cambodia. The bank was established in 1991 and became privatized in 1998. It has 10 branches across the country.

History

Canadia Bank was established on 11 November 1991, as Canadia Gold & Trust Corporation Limited, under a joint-venture with the Overseas Cambodians and the National Bank of Cambodia "(Central Bank of Cambodia)", and as a sole office financial institution managed by the former staff of the National Bank of Cambodia and Canadian Cambodian shareholders. The main activities were based on gold transaction, gold plaque manufacture and credit to local merchants.

In 19 April 1993, the name of the institution was changed to "Canadia Bank Ltd.", and subsequently to "Canadia Bank plc." on 16 December 2003, as a commercial bank registered under the Ministry of Commerce and the National Bank of Cambodia. Since privatization in 1998, the bank has become the largest local bank. It offers a wide range of financial services through its ten branches within Cambodia and 20 international correspondent banks.Mean, Lux; Cambodia Blog. [http://cam-blog.blogspot.com/2006/04/background-of-canadia-bank.html Background of Canadia Bank] . Retrieved on 2007-02-10]

Timeline

*11 November 1991 - Canadia Bank is established under the name "Canadia Gold and Trust Corporation Limited"
*19 April 1993 - The name of the then corporation is changed to "Canadia Bank LTD"
*16 December 2003 - The name is changed from "Canadia Bank LTD" to "Canadia Bank PLC"

ervices

Canadia Bank offers services such as:

*Bank Account - A bank account can be opened so long as it has an initial deposit of $100.00 USD. The account can be in USD, Khmer Riel or Thai Baht.
*Gold Deposit - Gold bars in 1 chi, 5 chi, 1 Tael, 5 Tael and 10 Tael. It is the only gold deposit account available in Cambodia. Interest is calculated in Gold value.
*Travelers Cheque
*Trade Finance Service
*Remittance
*Foreign Exchange
*Private Banking
*MasterCard & VisaCard
*ATM Card
*Money Transfer
*Bankers Checks
*Bank Transfer
*Consultancy Services
*Payroll Services
*Real Estate Brokerage & Referee Services

Competition

Canadia Bank's main competitors are ACLEDA Bank, ANZ Royal Bank, Cambodia Asia Bank, Maybank Phnom Penh, Singapore Banking Corporation (SBC), Vattanak Bank.Cambodia Yellow Pages. [http://www.yellowpages-cambodia.com/banking/banking-and-finance Banking & Finance - Cambodia] . Retrieved on 2007-02-10]

ee also

*List of Cambodia-related topics

Notes

* cite web
last = Canadia Bank Plc.
first =
title = OCIC Annual Report 2005
url = http://www.canadiabank.com/ocic_2005.pdf
accessdate = 2007-02-10
* cite web
last = Sorya Shopping Center
first =
title = Partners
url = http://www.shoppingcentersorya.com/partners.html
accessdate = 2007-02-10
* cite web
last = Se
first = Pung Kheav
title = Canadia Bank Plc.: Overseas Cambodian Investment Corp. (OCIC) Founder's Speech
url = http://www.canadiabank.com/news_insite.asp?news=10332729&menuId=7&news_cat=10332729
accessdate = 2007-02-10
* cite web
last = Xinhuanet
first = Cambodia Online
title = Cambodia's Canadia Bank signs finance agreements with IFC, USAID
url = http://www.canadiabank.com/news_insite.asp?news=10332729&menuId=7&news_cat=10332729
accessdate = 2007-02-10
* cite press release
title = Canadia Bank opened office in Shanghai...
publisher = Cambodia Commercial Bank (CCB)
date = 2006-01-11
url = http://www.ccb-cambodia.com/index.php?q=main&p=news&n_id=343
accessdate = 2007-02-10
* cite press release
title = International Finance Corp granted Canadia Bank US$5 million in loans...
publisher = Cambodia Commercial Bank (CCB)
date = 2004-11-10
url = http://www.ccb-cambodia.com/index.php?q=main&p=news&n_id=230
accessdate = 2007-02-10
* cite press release
title = Canadia Bank will construct a USD15 million...
publisher = Cambodia Commercial Bank (CCB)
date = 2004-08-03
url = http://www.ccb-cambodia.com/index.php?q=main&p=news&n_id=194
accessdate = 2007-02-10

External links

* [http://www.canadiabank.com/news_insite.asp?news=6032729&menuId=7&menuSubId=29&news_cat=OCIC%20(Overseas%20Cambodian%20Investment%20Corporation) Overseas Cambodian Investment Corporation (OCIC)]
* [http://www.shoppingcentersorya.com Shopping Center Sorya]
* [http://www.culturalcenter-cambodia.com Phnom Penh Cultural Center]
* [http://www.canadiabank.com/news_insite.asp?news=6332729&menuId=7&menuSubId=29&news_cat=Independent%20Hotel,%20Sihanouk%20Ville Independent Hotel, Sihanoukville]
* [http://www.cambodianculturalvillage.com Cambodian Cultural Village]
* [http://www.canadiabank.com Canadia Bank PLC - English version]
* [http://www.canadiabank.com/khmer/index-khmer.htm Canadia Bank PLC - Khmer version]