Shinhan Bank (Cambodia) Plc. was established in Phnom Penh, Kingdom of Cambodia since October 2007 (Subsidiary of Shinhan Bank, Korea). The bank offers a diversified portfolio of tailored corporate and consumer banking products and solutions. Shinhan Bank has been pioneering the future of finance in Cambodia as the “First Mover” leading the market, rather than being one of “Fast Followers” that struggle to catch up with new products and technologies. We will never be satisfied with the current financial business in which FinTech is tearing down conventional boundaries. Instead, we will continue to realize innovations as we rise up to challenge to offer new and futuristic services.
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Financial Performance 2023:
- Gross loans outstanding for 2023 were USD 702 million, up from USD 691 million in 2022.
- Customer deposits grew by 19% in 2023 to USD 199.21 million.
- Equity increased by 67.7% to USD 265.02 million