BIDC Bank

What BIDC Bank does

BIDC Bank (Bank for Investment and Development of Cambodia Plc.) is a Phnom Penh-headquartered commercial bank that operates under National Bank of Cambodia license No. B7.09.148, with seven branches in Cambodia and two in Vietnam (Ho Chi Minh and Hanoi). It is a 98.5%-owned subsidiary of Vietnam's BIDV and serves as the parent's franchise for the Cambodia–Vietnam banking corridor, addressing retail customers, SMEs, corporates, and bilateral traders between the two countries.

The bank runs on a Temenos T24 core banking platform (upgraded to Release R18 in 2020) with the BPC SmartVista payment platform deployed in March 2026 to enable EMV contactless, KHQR merchant payments, eKYC account opening, and 24/7 fast-payment transfers into Vietnam via NAPAS and into Cambodia via Bakong. Service lines span deposit products (current, savings, fixed deposit in USD/KHR), lending (housing, car, consumer, SME, corporate, online instant loans against fixed deposits), card products (VISA debit, CSS domestic), payments (SWIFT, Bakong, KHQR, VietQR, KEB Hana remittance), and corporate services (trade finance, payroll, guarantees).

The business model is a standard commercial-bank spread-and-fee construct: interest income on a USD 646M loan book (2022) funded by USD 377M of customer deposits; transaction-based fees on payments and card issuance; subscription-style fees on digital banking services; and professional-services fees from trade finance and FX. Customer segments are split across individual/retail, corporate/business, SME, and a distinct Cambodia–Vietnam corridor segment, with cross-border positioning to BIDV's 900+ point network and to the Cambodian Royal Government's relationships as the primary differentiation versus domestic peers.

Name

BIDC Bank

Legal name

Bank for Investment and Development of Cambodia Plc.

Website

https://bidc.com.kh

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

101–250 employees

Short description

BIDC Bank is a Phnom Penh-based commercial bank, 98.5%-owned by Vietnam's BIDV, providing retail, corporate, SME, and trade-finance services across Cambodia and Vietnam with a cross-border banking focus.

Ownership category

akta.pro rank

Product category

Commercial Banking

NAICS

Commercial Banking (52211)

SIC

National Commercial Banks (6021)

akta.pro industry

PRIMARYFSABABAC

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

Financial & Insurance/Banking (Commerical, Retail & Consumer)/Commercial Banking (SME & Middle Market)

Keywords

• Commercial banking services
• Retail banking Cambodia
• Cross-border remittance
• Trade finance solutions
• Digital mobile banking

Headquarters

HQ city

Phnom Penh

HQ country

Cambodia

HQ region

Asia

Offices10 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Interest Income: Revenue from interest on loans (housing, car, consumer, corporate loans) and interest spread on deposits
2. Transaction & Service Fees: Fees from money transfers (domestic, international SWIFT, Bakong, Vietnam transfers), card services, ATM withdrawals, and trade finance services
3. Digital Banking Services: Fees from mobile banking, internet banking subscriptions, and digital service access
4. Trade Finance: Income from trade finance arrangements, letters of guarantee, and foreign exchange services

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels5 records

Core offering

BIDC Bank is a universal commercial bank licensed by the National Bank of Cambodia that provides retail deposits, consumer and housing loans, trade finance, corporate banking, card services (VISA Debit, CSS Domestic), and cross-border Cambodia-Vietnam remittances. The bank operates 9 branches across Cambodia and Vietnam alongside digital channels (Mobile Banking, Internet Banking, eKYC) and integrates with the national Bakong/KHQR payment infrastructure.

Product overview

BIDC Bank operates as a universal commercial bank offering a comprehensive suite of banking products and services across individual, corporate, and digital banking segments. The bank functions as a platform providing deposit accounts, lending products, card services, digital banking channels, domestic and international payment services, and trade finance solutions. The digital banking portfolio centers on BIDC Mobile Banking and Internet Banking as the primary digital access channels, supplemented by QR payment infrastructure (KHQR and Bakong), card services (VISA and CSS domestic cards), and cross-border transfer capabilities to Vietnam and South Korea. The product ecosystem integrates with Cambodia's national payment rails (Bakong, KHQR) and international networks (VISA, SWIFT, NAPAS) to enable seamless domestic and cross-border transactions.

Differentiator

Problem solved

Functional benefit

Products and services

• Current Account Basic transactional banking account for daily banking needs with unlimited deposits and withdrawals, available in USD and KHR for both individual and corporate customers.
• Saving Account Personal savings account with competitive interest rates for individual depositors in USD (0.50%) and KHR (1.00%).
• Fixed Deposit Term deposit product with interest rates up to 5.8% for USD and 5.5% for KHR, available from 1 to 36 months.
• Housing Loan Long-term mortgage loan for property purchase or construction with terms up to 20 years and competitive interest rates including promotional 6.99% in year 1 through developer partnerships.
• Car Loan Vehicle financing product for automobile purchases with flexible repayment terms for individual and corporate borrowers.
• Consumer Loan Personal loan product for individual consumption needs with various repayment options.
• Online Instant Loan against Fixed Deposit Digital loan service allowing fixed deposit holders to borrow up to 95% of their deposit value instantly via mobile banking.
• SME Loan Small and medium enterprise financing solutions including investment loans and working capital facilities.
• Trade Finance Trade financing solutions including letters of credit, documentary collections, and guarantees for import/export transactions between Cambodia and Vietnam.
• Payroll Services Business banking service enabling companies to manage employee salary disbursements and payroll processing.
• BIDC Mobile Banking Primary mobile banking application enabling customers to perform financial transactions including account management, fund transfers, QR payments, bill payments, and card services on iOS and Android smartphones and tablets.
• BIDC Internet Banking Online banking platform for individual and corporate customers providing account access, fund transfers, Bakong payments, and transaction management via web browser.
• Corporate Internet Banking Business-focused online banking platform providing payroll services, corporate fund transfers, and account management for enterprise customers.
• Online Account Opening Digital account registration service allowing new customers to open accounts remotely via eKYC verification through the Mobile Banking app.
• VISA Debit Card International debit card accepted globally at ATMs and POS terminals, offering cashback rewards up to $20 per month on POS and eCommerce transactions.
• CSS Domestic Card Local debit card network accepted at CSS-branded ATMs and merchants throughout Cambodia for domestic transactions.
• KHQR Payment Cambodia QR code payment standard enabling merchants and customers to conduct scan-and-pay transactions via the mobile banking app.
• Bakong Transfer National interbank transfer service connecting BIDC to 23+ other Cambodian banks for instant fund transfers via the Bakong system.
• Fast Payment Instant interbank transfer service powered by Cambodia's national payment infrastructure for real-time domestic fund transfers.
• International Fund Transfer (SWIFT) Cross-border wire transfer service using SWIFT network for international payments with fees starting from 0.01% inward and 0.13% outward.
• Transfer to Vietnam Cross-border remittance service to Vietnam including account transfers, VietQR payments, and cash pickup at BIDV branches with 24/7 availability.
• South Korea Remittance 24/7 international money transfer service from South Korea to Cambodia via KEB Hana Bank partnership with real-time processing.
• E-Transfer Domestic fund transfer service for intra-bank transactions between BIDC accounts with real-time credit to recipient.
• Smart POS Point-of-sale terminal service for merchants enabling card acceptance and digital payments at retail locations.
• SMS Banking Mobile notification and inquiry service via SMS for account alerts and basic banking information.

Quantifiable outcome

• Top 10 bank by scale in Cambodia
• +1 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

Feature5 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• BPC (SmartVista)coreTechnology or Integration · 11 March 2026BPC's SmartVista payment platform deployed to replace legacy systems, enabling EMV contactless payments, digital transactions, faster tap-and-go payments, and integrated mobile banking features across BIDC's customer and merchant base.
• KEB Hana BankcoreTechnology or IntegrationPartnership enabling 24/7 remittance from South Korea to Cambodia. KEB Hana Bank's Hana EZ Mobile app allows customers to transfer money to BIDC accounts in Cambodia instantly.
• Cambodia Angkor AirminorGTM or Marketing PartnerAirline partnership allowing BIDC customers to book Cambodia Angkor Air flights directly through BIDC Mobile Banking app.
• MetfoneminorGTM or Marketing PartnerTelecom partner providing sponsored data offers for BIDC Mobile Banking users and free SIM cards with special numbers for new customers.
• BOREY PENG HOUTHminorStrategic or Co-development PartnerReal estate developer partnership for housing loans with special promotional interest rates for customers purchasing homes from BOREY PENG HOUTH projects.
• National Bank of Cambodia (Bakong)coreTechnology or IntegrationIntegration with national interbank QR payment system Bakong, connecting BIDC to 23+ member banks and financial institutions for real-time domestic transfers.
• NAPAS (Vietnam)coreTechnology or IntegrationConnection to Vietnam's national payment system via NAPAS enabling 24/7 fast payment to 43+ banks in Vietnam.

Scale indicators9 records

Recent moves12 records

Expansion highlights6 records

Direct peers

• Canadia Bank: Major Cambodian commercial bank offering retail, corporate, and trade finance services with an established branch network. Comparable peer for deposit gathering, SME lending, and digital banking competition.
• Hattha Bank: Cambodian commercial bank with strong retail and SME presence, also a Bakong member bank. Direct competitor for retail deposits, SME lending, and digital banking services in Cambodia.
• ABA Bank: Cambodia's largest domestic commercial bank by assets and customer count, with leading mobile banking and KHQR/Bakong integration. Direct competitor for retail and SME deposits, digital onboarding, and merchant acquiring in Cambodia.
• Maybank Cambodia: Foreign-owned Cambodian commercial bank (subsidiary of Malaysia's Maybank) offering retail, corporate, and trade finance. Comparable as a foreign subsidiary bank leveraging parent network for cross-border services.
• Sathapana Bank: Cambodian commercial bank offering retail, SME, and microfinance products with a growing digital platform. Comparable mid-tier competitor in deposit gathering and digital banking.
• Acleda Bank: One of Cambodia's largest commercial banks with extensive branch network and strong microfinance/SME franchise. Competes directly with BIDC in retail deposits, SME lending, and digital banking, and is also a Bakong participant.
• CIMB Cambodia: Subsidiary of Malaysian CIMB Group operating as a commercial bank in Cambodia. Comparable as an ASEAN regional banking group subsidiary competing for cross-border trade finance and SME/corporate banking.

Emerging players

• Wing Bank (Cambodia): Cambodian mobile-focused bank and major Bakong participant with strong digital wallet penetration. Competes with BIDC in mobile banking, QR payments, and unbanked customer acquisition.

Broad incumbents

• Vietcombank (Joint Stock Commercial Bank for Foreign Trade of Vietnam): Vietnam's largest partially-state-owned commercial bank with strong Cambodia-Vietnam trade finance presence. Indirectly comparable as a regional heavyweight whose Vietnam-Cambodia operations compete for cross-border flow share.
• VPBank (Vietnam Prosperity Bank): Large Vietnamese private commercial bank with international ambitions. Comparable as a regional commercial banking peer serving Vietnam-Cambodia corporate corridors, though much larger and primarily Vietnam-domiciled.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/BIDCBank
• Xx.com/bidc_bank
• LinkedInlinkedin.com/company/bidc-bank-cambodia

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

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 BIDC Bank