Canadia Bank
A major Cambodian commercial bank and the country's largest locally owned banking institution.
Last updated August 22, 2026
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Overview
Canadia Bank is a Cambodian commercial bank headquartered in Phnom Penh and one of the country's largest locally based financial institutions. It is commonly described as one of Cambodia's Big Three banks and has developed a broad domestic network serving individuals, merchants, small and medium-sized enterprises, and larger corporate and institutional customers. The bank's business includes conventional deposit-taking and lending, payments, remittances, trade-related services, digital banking, and other financial services. The institution began operations on 11 November 1991 under the name Canadia Gold & Trust Corporation Limited. Its original activities combined gold refining and issuance with banking services and credit for local merchants. The venture was established with the participation of overseas Cambodians and the National Bank of Cambodia, reflecting the country's effort to rebuild formal financial institutions during the post-conflict period. On 19 April 1993, the organization adopted the name Canadia Bank Ltd. It was privatized in 1998, after which it expanded its domestic banking operations. On 16 December 2003, it became Canadia Bank Plc., a commercial bank registered with the relevant Cambodian authorities. The bank's development has included investment in physical infrastructure and digital channels. Its headquarters at Canadia Tower opened in 2009, while mobile banking and internet banking services were introduced in 2013. These digital offerings were later supplemented by a redesigned Canadia Bank mobile application launched in 2023. The combination of a nationwide branch presence and electronic banking services has enabled the institution to serve customers across Cambodia while adapting to the country's increasing use of mobile payments and online financial services. Canadia Bank operates branches across Cambodia, including in the capital and multiple provinces, and maintains relationships with international correspondent banks. Its services support both domestic transactions and cross-border activity. The bank is part of Canadia Investment Holding and the wider Canadia Group, a diversified Cambodian business group associated with companies and investments in banking, property, infrastructure, and other sectors. The group includes Overseas Cambodian Investment Corporation, which is involved in major Cambodian development projects. According to the cited 2024 figures, Canadia Bank reported total assets of approximately US$8.6 billion, revenue of about US$517 million, and net profit of approximately US$78 million. These figures require careful interpretation because the available reference does not specify the reporting basis beyond the year. The bank has also reported periods of substantial expansion and profitability, including a 2019 net earning figure exceeding US$122 million in the cited historical material. In 2021, it marked three decades of operations in Cambodia. In 2025, The Asian Banker recognized it as Cambodia's Best Retail Bank for the fifth time, according to the supplied reference. Canadia Bank remains an active Cambodian banking brand with a business model combining domestic scale, local ownership, branch banking, corporate finance, and digital delivery.
History
Canadia Bank was established on 11 November 1991 as Canadia Gold & Trust Corporation Limited. Its formation involved overseas Cambodians and the National Bank of Cambodia, during a period when Cambodia's formal financial sector was being rebuilt and modernized. The institution initially combined gold-related activities, including refining and issuance, with banking services and credit aimed at local merchants. This origin gave the organization a role in both commercial finance and the development of a more structured domestic banking market. On 19 April 1993, the institution changed its name to Canadia Bank Ltd. The revised identity signaled a stronger emphasis on banking as its principal business. The bank later underwent privatization in 1998, after which it expanded its activities and geographic coverage within Cambodia. Its growth took place alongside the broader development of Cambodia's economy, including rising demand for savings products, business credit, payment services, international transfers, and formal financial services for households and enterprises. The institution adopted its present corporate form, Canadia Bank Plc., on 16 December 2003. It was registered as a commercial bank under the Cambodian regulatory and commercial framework. During the following years, the bank invested in its physical presence and institutional infrastructure. A new headquarters at Canadia Tower opened in 2009, providing a prominent base for the bank in Phnom Penh and reinforcing its position as a major Cambodian financial institution. Canadia Bank also expanded beyond traditional branch banking. It launched mobile banking and internet banking services in 2013, giving customers electronic access to selected banking functions as digital financial usage grew in Cambodia. The bank subsequently continued developing its mobile platform, culminating in the announced launch of an all-new Canadia Bank application on 5 February 2023. The digital strategy complements rather than replaces its branch network, allowing the bank to combine personal service and local reach with remote access and electronic transactions. The bank's domestic network extends across Cambodia's capital and provinces. The supplied reference states that it operates 69 branches across 25 provinces and the capital and maintains relationships with 23 international correspondent banks. These relationships support international banking connectivity, while the branch network serves retail customers, merchants, small and medium-sized enterprises, and corporate clients. Its product scope includes deposits, lending, payments, cards, digital banking, and services associated with trade and cross-border transactions. Canadia Bank is a subsidiary of Canadia Investment Holding and a member of the wider Canadia Group. The group is a diversified Cambodian business organization that includes Overseas Cambodian Investment Corporation and interests connected with property and infrastructure development. The bank therefore operates within a broader local corporate group while retaining a distinct banking identity and regulated commercial-bank role. The institution marked its thirtieth year in the Cambodian market on 11 November 2021. The supplied reference identifies 2018 as the year in which total assets reached US$5 billion and describes 2019 as a particularly profitable year, with net earnings above US$122 million. For 2024, the same reference reports total assets of US$8.6 billion, revenue of US$517 million, and net profit of US$78 million. Because the available source does not provide additional accounting definitions or a direct annual-report citation, these figures should be treated as reported reference data rather than independently characterized financial results. In 2025, The Asian Banker reportedly named Canadia Bank Cambodia's Best Retail Bank for the fifth time. The bank remains active and is positioned as one of Cambodia's principal locally owned commercial banking brands.
- 2025
Recognized as Cambodia's Best Retail Bank
[1]The Asian Banker reportedly recognized Canadia Bank as Cambodia's Best Retail Bank for the fifth time.
- 2023
All-new mobile application launched
[1]The bank announced the official launch of a redesigned Canadia Bank mobile application on 5 February.
- 2021
Thirtieth anniversary
[1]Canadia Bank marked 30 years of operations in Cambodia on 11 November.
- 2019
Reported record net earnings
[1]The supplied reference describes 2019 as the bank's most profitable year at that point, with net earnings exceeding US$122 million.
- 2018
Reported assets reached US$5 billion
[1]The supplied reference identifies 2018 as the year in which the bank's total assets reached US$5 billion.
- 2013
Mobile and internet banking introduced
[1]Canadia Bank launched mobile banking and internet banking services.
- 2009
New headquarters opened at Canadia Tower
[1]The bank opened a new headquarters at Canadia Tower in Phnom Penh.
- 2003
Became Canadia Bank Plc.
[1]On 16 December, the institution changed its corporate name from Canadia Bank Ltd. to Canadia Bank Plc.
- 1998
Privatization
[1]The bank was privatized and subsequently expanded its operations within Cambodia.
- 1993
Renamed Canadia Bank Ltd.
[1]On 19 April, the institution adopted the name Canadia Bank Ltd., emphasizing its banking identity.
Products and positioning
A locally owned, full-service Cambodian commercial bank combining nationwide accessibility with retail, business, corporate, and digital banking capabilities.
Consumer banking
Retail banking
Canadia Bank's retail business serves individual customers through deposits, savings products, personal finance, payment services, cards, transfers, and digital access. The offering is delivered through the bank's Cambodian branch network and electronic channels, supporting routine transactions as well as broader household financial needs.
Business banking
Business and SME banking
Business and SME banking is rooted in the institution's original focus on credit for local merchants. The segment supports Cambodian enterprises through business accounts, financing, payments, cash-management functions, and related banking services. Specific product names and terms are not provided in the available reference.
Corporate banking
Corporate and commercial banking
The bank provides commercial and corporate banking capabilities alongside its retail operations. These activities include lending and transaction services for larger organizations, together with trade-related and international banking support. The available material does not identify individual corporate product names.
Digital banking · 2013
Mobile banking
Canadia Bank introduced mobile banking in 2013 and later announced an all-new mobile application in 2023. The mobile channel extends access to banking services beyond branches and forms part of the bank's broader digital delivery strategy. The reference does not enumerate every function available in the application.
Digital banking · 2013
Internet banking
Internet banking was launched in 2013 as an electronic channel for customers. It complements branch services and mobile banking by allowing customers to access selected banking functions remotely. Specific features and current platform specifications are not detailed in the supplied sources.
International banking
International and correspondent banking
Canadia Bank maintains relationships with 23 international correspondent banks, supporting cross-border connectivity and international transaction services. Its SWIFT identifiers are reported as CADIKHPP and CADIKHPPXXX. The available reference does not provide a complete list of correspondent institutions or detailed service terms.
Brand decisions
2023
Launch of the all-new Canadia Bank mobile applicationProduct launchBackground
Canadia Bank continued upgrading its digital banking proposition after introducing mobile and internet banking in 2013.
Action taken
On 5 February, the bank announced the official launch of an all-new mobile application.
Aftermath
The application became part of the bank's continuing digital-banking offering; the supplied material does not provide adoption or financial results.
2013
Move into mobile and internet bankingStrategyBackground
The bank sought to extend its service model beyond physical branches as electronic banking became more important in Cambodia.
Action taken
Canadia Bank launched mobile banking and internet banking services.
Aftermath
The launch established digital channels that were later developed further through a redesigned mobile application.
1998
Privatization and domestic expansionStrategyBackground
After operating as an institution established with overseas Cambodian and central-bank participation, Canadia Bank was privatized in 1998.
Action taken
Following privatization, the bank expanded its operations and domestic banking coverage in Cambodia.
Aftermath
The change preceded the bank's later growth as one of Cambodia's largest locally owned commercial banks.
Sources1 sources
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