Loan payment

Wing and Chief Bank Partner to Provide Cambodians with Convenient Digital Loan Payment Option

Chief Bank customers can now repay their loan through Wing’s financial ecosystem.

Wing (Cambodia) Limited Specialized Bank, the leading provider of mobile banking services in Cambodia, and Chief (Cambodia) Commercial Bank Plc, founded by Mr. Chau Chung Kai Peter, the respectful chairman and successful entrepreneur in Hong Kong where Chief Group, a famous financial group established over 41 years ago with extensive financial activity announced a new partnership that will allow customers to repay their loans through Wing agents or the Wing Money app.

The partnership gives Chief Bank clients the freedom to repay their loans by simply visiting a nearby Wing agent, even in some of the Kingdom’s most remote areas, in a simple, convenient and secure manner. Users will also be able to make payments through the innovative Wing Money app with just a few clicks on their smartphone. Chief Bank clients can also easily transfer funds through Bankong to Wing’s financial ecosystem.

“I am delighted to join Chief Bank in our mission to provide our clients with practical solutions,” said Manu Rajan, CEO of Wing. “This marks a critical milestone that reflects our commitment to fine-tune digital financial services to raise the standard of living in our community. “

Wing, a bank specializing in payments, has worked diligently over its 12-year history to achieve the goal of providing every Cambodian with convenient access to relevant, secure, instant mobile financial services designed to improve everyday life of people.

Wing’s commitment to empower Cambodians through financial inclusion has led them to foster a strong Wing agent network and the development of the Wing Money app.

A key point of the Wing-Chief Bank partnership is the shared vision to deploy their financial capacity to raise the standard of living of Cambodians across the Kingdom.

“This partnership reflects Chief Bank’s commitment to fine-tune our products to meet the financial needs of our growing customer base so that they can focus on growing their business,” said Dr Soeung Morarith, CEO of Chief Bank Cambodia. . “Chief Bank customers will benefit from an exciting new option that will allow them to repay their loans without having to visit our traditional banks. “

Chief Bank Cambodia has experienced continuous growth in the Kingdom since it began operations in December 2013 with an initial capital of just $ 10 million, while total assets stood at over $ 143 million as of January 19. 2021 and a total of over 140 staff, and Dr Morarith views clients as long-term partners as the financial institution continues to thrive.

Chief Bank uses a localized, personalized business model that is best suited to the real needs of our customers in Cambodia. We have been actively working to further refine our existing products and introduce new products and services to meet the growing needs of our customers.

Originally established in Hong Kong in 1979, Chief Group has grown steadily by adhering to its core beliefs in ethical practices and prudent investing. We have stayed the course by sticking to our vision, mission, goals and philosophy, and serving our clients better than ever, to deliver solid results. Our successes are attributed to a strong team spirit with a clear vision and policies.