Phnom Penh, Cambodia – Canadia Bank, one of Cambodia’s largest and most established commercial banks, and TrueMoney, a leading international fintech company, are extending their strategic partnership to enhance financial inclusion and promote innovation across the Kingdom.
The collaboration, which began in 2017 and expanded in 2022, has played a crucial role in bringing essential banking services to underserved areas. With more than 10,000 TrueMoney agents nationwide, Canadia Bank customers—especially those in remote locations—have gained easier access to deposits, cash withdrawals, and loan repayment services, bridging the gap between traditional banking and modern financial needs.
As Cambodia’s financial landscape evolves, both companies are taking another step forward to further improve accessibility and convenience for customers.
Mr. Raymond Sia, CEO and Executive Board Director of Canadia Bank, highlighted the significance of this partnership extension:
“For over seven years, our collaboration with TrueMoney has expanded financial access for countless Cambodians, particularly in areas where banking services were once out of reach. As we strengthen this partnership, we remain committed to delivering innovative financial solutions with greater convenience and ease while not compromising on security. With the support of TrueMoney’s 10,000+ agents, we will continue to enhance our deposit and withdrawal services, offer alternative loan repayment channels, and provide added banking convenience for our payroll customers.”
Mrs. Khuon Frandara, CEO of TrueMoney Cambodia and Myanmar Cluster, emphasized the impact of this ongoing collaboration:
“This extension marks a significant milestone in our mission to make financial services accessible to all Cambodians. With our extensive agent network, we are excited to welcome Canadia Bank customers and provide them with seamless transaction experiences.”
By reinforcing their partnership, Canadia Bank and TrueMoney Cambodia reaffirm their shared vision of driving financial inclusion and innovation, making banking more accessible, efficient, and customer-centric across Cambodia.
