Wing Bank (Cambodia) is one of the leading banks in Cambodia, offering a broad range of financial services, from traditional banking to innovative digital payment solutions. It started as Wing (Cambodia) Limited Specialised Bank in 2008, initially focusing on mobile banking and payment services for Cambodians without access to traditional banking services. Over time, Wing became widely known for its mobile money services, enabling people to send, receive, and store money using their phones.
In 2020, Wing transitioned into a fully licensed commercial bank, Wing Bank (Cambodia) Plc., expanding its offerings to include loans, savings, credit cards, and other banking products for individuals and businesses. The bank continues to leverage digital platforms to provide financial inclusion for the underserved population, particularly those in rural areas.
Key features and services of Wing Bank include:
- Mobile Banking: Wing’s mobile app allows customers to pay bills, transfer money, manage their accounts, and even pay merchants through QR codes.
- Agent Network: Wing Bank has one of the largest agent networks in Cambodia, making its services accessible even in remote areas. Agents help customers with transactions like money transfers, bill payments, and mobile top-ups.
- Partnerships: Wing Bank collaborates with various international organizations, businesses, and NGOs, enhancing its ability to offer remittance services, salary payments, and other solutions that cater to both individuals and businesses.
- Financial Inclusion: Wing Bank plays a significant role in financial inclusion, providing access to banking services for people who may not have formal bank accounts, particularly low-income earners and those living in rural areas.
- Remittances: Wing is a key player in international remittance services, allowing Cambodians working abroad to send money home through partnerships with global payment platforms.
- Micro-loans and SME services: The bank provides microloans and services to small and medium enterprises (SMEs), further supporting economic growth in Cambodia.
- Corporate and Institutional Banking: Wing Bank serves corporate clients with services like payroll solutions, merchant services, and business loans.
As part of its commitment to innovation, Wing Bank continues to focus on digital finance solutions, including mobile wallets, payments, and micro-finance, while also expanding into more traditional banking areas.
The bank’s mission is to contribute to Cambodia’s economic development by promoting financial inclusion, empowering individuals and businesses with accessible and affordable financial solutions.