What ABA Bank does

ABA Bank (legal name: Advanced Bank of Asia Ltd.) is Cambodia's largest commercial bank by assets, deposits, loans, and profitability according to the National Bank of Cambodia's Annual Supervision Reports 2021–2024, and operates as a privately held subsidiary of National Bank of Canada, which became a shareholder in 2014. Founded in 1996 in Phnom Penh, the bank holds commercial bank license No. C.B. 14 (dated 7 December 2023) and carries a Standard & Poor's B+ Stable issuer credit rating (assigned 2020, reaffirmed 2024). ABA serves Cambodian retail individuals, SMEs, and micro-businesses through 106 branches, 1,900+ self-banking machines, dedicated Oriental Desks (Chinese, Korean, Japanese), and the ABA Mobile and ABA Business platforms, with 5,001–10,000 employees.

The bank's core technology is a microservices-based architecture modernized with SUSE (99.999% service availability), integrated with Cambodia's national Bakong payment rail, KHQR standard, and GSMA Open Gateway Network APIs. Product surface spans deposit accounts (Instant Account, Savings, Current), loan products (Mortgage at 6.5–7.0% p.a., Small Business Loans up to USD 200,000, Mobile Instant Salary Loans), Visa/Mastercard/UnionPay debit/credit/virtual cards, SWIFT and Bakong transfers, escrow services, trade finance, tax collection, payroll, and merchant acquiring (ABA Merchant App, ABA KHQR, ABA PayWay, ABA Cashback, ABA Billzone, ABA Caltex Fleet Card). Feature-level digital additions in 2025–2026 include PaySound voice alerts, GiftCard, ABA Analytics, and cross-border QR payments in Malaysia, Vietnam, and Thailand.

Revenue is generated primarily through net interest income (mortgage, SME, salary, and business lending), interest spread on USD/KHR deposits (tiered up to 0.60% USD / 1.25% KHR), and fee streams from SWIFT/Bakong transfers, card interchange (Visa/Mastercard/UnionPay Platinum USD 20–150 annual), escrow processing, and merchant payment collection. Distribution is hybrid — branches plus 1,900+ self-banking machines for relationship banking, with ABA Mobile/ABA Business/ABA Merchant App handling digital self-serve acquisition and servicing — supplemented by embedded insurance distribution via Manulife specialists in 85 branches and Etiqa general insurance.

Name

ABA Bank

Legal name

Advanced Bank of Asia Ltd.

Website

https://ababank.com

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

ABA Bank (Advanced Bank of Asia) is Cambodia's largest commercial bank by assets, deposits, loans, and profitability, serving retail individuals, SMEs, and micro-businesses through 106 branches, 1,900+ self-banking machines, and the ABA Mobile and ABA Business digital platforms, as a subsidiary of National Bank of Canada.

Ownership category

akta.pro rank

Product category

Universal Commercial Banking

NAICS

Commercial Banking (52211)

SIC

National Commercial Banks (6021)

akta.pro primary industry

SME Deposits & Business Accounts (Operating, Savings, CDs) (FSABABAC)

akta.pro secondary industries

Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA), Multi-Currency Accounts, Wallets & IBAN Services (FSAMAIAG), A2A Checkout & Merchant Acceptance Solutions (FSAMAFAF)

Keywords

• Retail banking services
• Commercial banking solutions
• Mobile banking app
• Merchant payment processing
• SME lending products

Headquarters

HQ city

Phnom Penh

HQ country

Cambodia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others

Revenue model

1. Net Interest Income: Interest income generated from lending activities including mortgage loans, small business loans, medium business loans, and other credit products. Interest rates for mortgage loans range from 6.5% to 7.0% per annum depending on loan amount and currency.
2. Deposit Interest Expense Recovery: Interest earned on customer deposits held in USD and KHR currencies. Savings account interest rates range from 0.00% to 1.25% depending on balance tier and currency.
3. Transaction and Transfer Fees: Fees collected from various banking transactions including SWIFT transfers (0.15% commission with minimum USD 15), Bakong transfers, domestic transfers, and ATM withdrawals.
4. Account Service Fees: Monthly account service fees (free for savings accounts), balance confirmation fees (USD 10 per piece), audit confirmation fees, and nostro/banker check fees.
5. Card Interchange and Fees: Annual fees from debit and credit cards (Visa, Mastercard, UnionPay, CSS). Platinum cards range from USD 20-150 annual fee. Free issuance for Classic cards.
6. Mortgage Loan Processing: Processing fees for mortgage loans (1% of total loan limit, currently waived until June 2026), prepayment charges (1% lock-in period plus 1 month notice).
7. Escrow Service Fees: Processing fees for escrow services ranging from USD 90 to USD 2,755 based on escrow amount, with promotional rates effective until June 2026.

Pricing tiers

Go-to-market motion1 record

Distribution channels7 records

Marketing channels5 records

Core offering

ABA Bank is a universal commercial bank in Cambodia providing a full range of retail and business banking products and services through 106 branches, 1,900+ self-banking machines, and digital channels ABA Mobile and ABA Business. Core offerings include deposit accounts (Instant Account, Savings), lending products (mortgage loans and small/medium business loans), payment cards (Visa, Mastercard, UnionPay, CSS), money transfers (Bakong, SWIFT, international remittances, cross-border QR), trade finance, merchant payment solutions (ABA KHQR, ABA PayWay, ABA Merchant App, ABA Billzone, ABA Cashback), payroll services, escrow services, tax collection, and life insurance distribution through Manulife Cambodia.

Product overview

ABA Bank offers a comprehensive digital banking ecosystem as Cambodia's largest commercial bank by assets, deposits, loans, and profitability. The core product portfolio centers on ABA Mobile (primary mobile banking app), ABA Business (business digital banking platform), and ABA Merchant App (merchant POS solution), supplemented by specialized payment products including ABA PAY, ABA KHQR, ABA PayWay, and ABA Cashback rewards program. The bank's product suite includes deposit accounts (Instant Account, Savings, Current), loan products (Mortgage, Small/Medium/Large Business Loans, Salary Loan), payment cards (Visa, Mastercard, UnionPay debit and credit cards), money transfer services (Bakong, SWIFT, MoneyGram, Ria, Western Union), and value-added services (Escrow, Trade Finance, Tax Collection, Manulife Insurance, Payroll Service). Digital-first features like ABA Analytics, PaySound voice alerts, GiftCard, Cross-border QR payments, and ABA 24/7 self-service banking enhance the mobile-first experience. The bank operates 106 branches and 1,900+ self-banking machines across Cambodia, with infrastructure supported by National Bank of Canada as majority shareholder.

Differentiator

Problem solved

Functional benefit

Products and services

• ABA Mobile ABA Bank's flagship mobile banking application offering account management, transfers, payments, loans, card issuance (including Virtual Cards), and instant account opening via eKYC for retail customers in Cambodia.
• ABA Business Comprehensive digital banking platform for business and corporate customers providing account management, payroll, tax collection, check management, virtual accounts, host-to-host ERP integration, and Xero accounting synchronization.
• ABA Business App Mobile application for business customers enabling on-the-go access to ABA Business account monitoring, payment approvals, and financial management features.
• ABA Merchant App Mobile application that converts merchant smartphones into POS terminals to accept QR-based cashless payments in KHR or USD directly to their ABA account.
• ABA PayWay Integrated online payment platform enabling businesses and e-commerce merchants to accept multiple payment methods online for digital sales and recurring billing.
• ABA Billzone Business payment collection solution enabling merchants to collect payments from customers through a range of digital channels for streamlined receivables.
• ABA Caltex Fleet Card Fuel expense management card for businesses, simplifying the tracking, control, and reconciliation of fleet fuel expenditures at Caltex stations.
• ABA KHQR QR code-based merchant payment collection service compliant with Cambodia's KHQR standard, enabling merchants to accept cashless payments from ABA PAY, Bakong app, and other Bakong member apps and e-wallets, including cross-border QR payin from Malaysia, Vietnam, and Thailand.
• ABA QR (Dual-Currency Code) QR code service that supports dual currency (USD and KHR), enabling users and merchants to receive money easily via unique QR codes and payment links.
• Cross-border QR Payments Standalone cross-border QR payment service enabling ABA Mobile users to scan and pay with QR codes in Malaysia, Vietnam, and Thailand, extending Cambodian QR payment reach regionally.
• ABA Cashback Rewards program enabling merchants to receive instant cashback when customers pay using ABA KHQR, designed to boost merchant sales and consumer engagement.
• ABA 24/7 Self-service banking service available 24 hours a day, 7 days a week at ABA branch locations and self-banking facilities nationwide.
• Instant Account Digital-first bank account that new customers can open instantly via the ABA Mobile app using just a Cambodian National ID and smartphone, without visiting a branch.
• Savings Account Interest-bearing savings account with tiered interest rates in USD and KHR offering unlimited withdrawals subject to minimum balance requirements.
• Mortgage Loan Home financing product offering competitive interest rates from 6.5% p.a., flexible loan tenor up to 25 years, and financing up to 80% of property value for purchase, refinancing, or renovation of residential property.
• Small Business Loan Business financing from USD 5,000 to USD 200,000 (or KHR equivalent) with loan terms up to 10 years for capital expenditure, working capital, operational needs, and business investment.
• SWIFT Transfers International wire transfer service via SWIFT network for outward and inward remittances in multiple currencies including USD, CAD, AUD, EUR, GBP, THB, CNY, VND, JPY, and SGD.
• Bakong – ABA Transfers Money transfer service connecting ABA accounts with the National Bank of Cambodia's Bakong mobile payment system, enabling inter-bank transfers and payments between ABA, Bakong member banks, and supported e-wallets.
• Debit Cards International debit cards (Visa, Mastercard, UnionPay, CSS) issued for ATM withdrawals worldwide and daily point-of-sale purchases, with virtual card options for secure online shopping.
• Credit Cards Credit card offerings including Visa Platinum, Mastercard Platinum, and UnionPay Platinum with varying annual fees and benefits such as airport lounge access.
• Virtual Cards Free digital cards (Visa, Mastercard, UnionPay) issuable instantly via ABA Mobile for secure online shopping without revealing physical card details.
• Escrow Service Secure transaction service where ABA Bank holds funds until transaction terms are fulfilled, protecting both buyers and sellers in real estate, share, and commercial transactions.
• Manulife Insurance Products at ABA Bank Life insurance products distributed in partnership with Manulife Cambodia including Education Protector, Family Protector, Savings Protector, Home Loan Protector, Group Protector, and Chivit Knhom plans.
• Payroll Service Business service enabling companies to securely pay employee salaries with streamlined processing and ABA Business integration.
• Trade Finance Comprehensive trade finance services including letters of credit issuance and advising, negotiation, post-financing, discounting, documentary collections, reimbursement undertakings, and standby letters of credit.
• Host-to-Host Solution Enterprise integration solution connecting ABA Bank services directly with business ERP systems for seamless payment execution and reconciliation.
• Virtual Accounts Business solution providing virtual account numbers for tracking and managing multiple transactions or incoming customer payments efficiently.
• Tax Collection Service Service enabling ABA customers to pay various taxes including monthly taxes, annual taxes, road tax, property tax, and VAT e-commerce tax via ABA Mobile or at ABA branches.
• Oriental Desk (Chinese, Korean, Japanese) Dedicated in-branch language assistance service providing banking support in Chinese (ABA 中文柜台), Korean (ABA 코리안 데스크), and Japanese (ABA ジャパンデスク) for international and expatriate customers.

Quantifiable outcome

• 99.999% service availability
• +3 more outcomes

Named customers8 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration15 records

AI capability7 records

Feature7 records

Partnerships

Ten partnerships are on record, tiered minor, flagship and core.

• Association of Banks in Cambodia (ABC)minorStrategic or Co-development Partner · 21 May 2026ABA became the strategic partner of Cybersecurity Day 2026, organized by the Association of Banks in Cambodia (ABC) to reinforce cybersecurity resilience.
• J.P. MorganflagshipTechnology or Integration · 12 May 2026ABA Bank continues to elevate its international payment capabilities through collaboration with J.P. Morgan, bringing faster, more transparent, and reliable cross-border transfers to customers in Cambodia.
• RegulacoreTechnology or Integration · 26 March 2026ABA Bank is listed as a client of Regula's enterprise IDV orchestration platform which addresses fragmented identity verification systems. Regula won Identity Verification Platform of the Year award at 2026 FinTech Breakthrough Awards.
• Cambodia Trade Enterprise (CTE)coreStrategic or Co-development Partner · 1 January 2026ABA Bank signed a Memorandum of Understanding (MoU) with Cambodia Trade Enterprise (CTE), an initiative managed by the Ministry of Commerce, to strengthen Cambodia's export sector and improve access to financing for local businesses.
• T-O GroupcoreStrategic or Co-development Partner · 1 January 2026ABA Bank announced the signing of another MoU with T-O Group to further strengthen digital payment integration across Cambodia.
• GSMAflagshipTechnology or Integration · 24 July 2025ABA Bank is part of GSMA's Open Gateway initiative, using Network APIs for frictionless customer authentication in Cambodia. This global framework standardizes network APIs through the CAMARA project.
• Etiqa General Insurance Cambodia (EGIC)coreStrategic or Co-development Partner · 25 June 2025ABA Bank announced a strategic partnership with Etiqa General Insurance Cambodia (EGIC), a member of the ASEAN-wide Etiqa Group, to broaden access to general insurance products across the country.
• SUSEcoreTechnology or Integration · 17 April 2025SUSE announced an expanded partnership with Advanced Bank of Asia (ABA Bank) to enhance digital banking services by modernizing infrastructure and deploying microservices-based architecture. The initiative increased service availability to 99.999% and reduced deployment time and container management costs.
• Manulife CambodiacoreStrategic or Co-development PartnerABA Bank partnered with Manulife, the world's leading life insurance provider, to give customers convenient access to life insurance products. Insurance specialists are stationed at 85 branches of ABA Bank for consultations and policy applications.
• National Bank of Cambodia (Bakong)coreTechnology or IntegrationABA Bank is a member of Bakong mobile payment system initiated by the National Bank of Cambodia, enabling inter-bank transfers, QR payments, and wallet services.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• JPMorgan Chase: ABA's cross-border payments partner and one of the largest global universal banks. Comparable on trade finance and correspondent banking; relevant for evaluating ABA's cross-border and corporate banking ambitions.
• National Bank of Canada: ABA Bank's parent and a major Canadian chartered bank (~$447B in assets). Comparable on commercial and retail banking fundamentals, governance standards, and correspondent network; relevant benchmark for ABA's strategic direction and product roadmap.

Emerging players

• Wing Bank (Cambodia): Cambodia's largest mobile-focused bank and e-wallet, with strong agent network and consumer brand. Overlaps ABA on instant account opening, QR payments, and retail deposits but leads on digital-native customer acquisition.
• TrueMoney Cambodia: Major Cambodian e-wallet integrated with ABA for top-ups but also competing for low-value retail payments and deposits. Comparable on digital payment adoption and financial inclusion targeting in Cambodia.

Direct peers

• Sathapana Bank: A leading Cambodian commercial bank with retail, SME, and microfinance offerings. Directly comparable to ABA on deposit gathering, small business lending, and digital banking adoption.
• ACLEDA Bank: Cambodia's other largest universal commercial bank and ABA's closest domestic competitor. Comparable full-service retail, SME, and microfinance offerings, similar branch-heavy distribution model, and direct overlap on deposits, loans, and digital banking.
• Cambodian Public Bank: Cambodian subsidiary of Malaysia's Public Bank Berhad, offering retail and SME banking services in Cambodia. Comparable in target customer segments and product breadth, though a foreign-affiliated competitor.
• Canadia Bank: One of Cambodia's top commercial banks with a comparable retail and corporate banking franchise. Direct overlap with ABA in deposit products, lending, and Cambodian payment rails including Bakong.

Regional players

• Kasikornbank: Leading Thai universal bank with advanced digital platform (K PLUS) and SME franchise. Comparable on digital-led retail strategy and ASEAN payment integrations relevant to ABA's cross-border QR roadmap.
• Bangkok Bank: Major Thai universal bank with strong ASEAN cross-border capabilities. Comparable to ABA on trade finance and SME banking; relevant for cross-border QR expansion strategy.

Market position

Strengths1 record

Weaknesses1 record

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/ABA.Bank.Cambodia
• Xx.com/thun_sokha
• LinkedInlinkedin.com/company/aba-bank

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ABA Bank