What KB PRASAC Bank does

KB PRASAC Bank Plc. is a Cambodian commercial bank formed in August 2023 through the merger of PRASAC Microfinance Institution Plc. and Kookmin Bank Cambodia Plc., operating as a subsidiary of South Korea's KB Kookmin Bank. It holds a commercial banking license from the National Bank of Cambodia and operates 188 branches across the country with more than 10,000 employees, ranking among the top five commercial banks in Cambodia with total assets of $5.64 billion, a deposit base of $3.53 billion, and a loan portfolio of $5.18 billion.

The bank runs a platform-plus-modules architecture centered on KB PRASAC Mobile (retail mobile banking) and KB PRASAC Corporate (business internet banking with multi-user Maker/Checker/Authorizer roles, bulk transfers, and payroll), supplemented by ATMs, deposit machines, and CSS terminals. Core infrastructure integrates the National Bank of Cambodia's Bakong interbank payment network, the KHQR retail QR standard, and SWIFT for international transfers in multiple currencies (USD, KHR, KRW, AUD, CNY, EUR, GBP, JPY, SGD, THB). The product set spans a broad retail deposit suite (current, savings, term, Flexi Growth, Kid Growth, group, merchant, employee), an extensive lending catalog (micro, small, and medium business, housing at 6.99% p.a., education, car, worker, latrine, overdraft, trade finance), and value-added services including bill payment, payroll, foreign exchange, bank confirmation, standing instructions, Cash-Code transfers, and insurance distribution through AIA and Forte.

Revenue is generated through net interest income on loans and deposits, transaction-based fees (SWIFT, Bakong, ATM, account maintenance), and bancassurance commissions. The customer base is horizontally diversified across micro/small business owners, individual retail consumers, and medium-to-large enterprises, with selected institutional relationships including the Ministry of Labour and Vocational Training, Asia Euro University, and American University of Phnom Penh. Distribution combines an extensive physical branch network with self-serve digital channels supported by a broad social media presence.

Name

KB PRASAC Bank

Legal name

KB PRASAC Bank Plc.

Website

https://kbprasacbank.com.kh

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

KB PRASAC Bank is a top-five Cambodian commercial bank, formed in 2023 via the merger of PRASAC Microfinance and Kookmin Bank Cambodia under KB Kookmin Bank. It serves retail, micro/small business, and corporate customers through 188 branches, mobile and corporate digital platforms, Bakong and SWIFT integrations.

Ownership category

akta.pro rank

Headquarters

HQ city

Phnom Penh

HQ country

Cambodia

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Revenue model

1. Interest Income from Loans: The bank generates revenue primarily through interest income from its loan portfolio including micro business loans, small business loans, medium business loans, overdraft facilities, housing loans, education loans, trade finance, and other lending products.
2. Interest Income from Deposits: The bank accepts various deposit products including current accounts, savings accounts, term deposits, and pays interest to depositors while using these funds for lending operations.
3. Fee and Commission Income: The bank charges various fees including international fund transfer fees (SWIFT), interbank fund transfer fees, ATM fees, service charges, and account maintenance fees.
4. Insurance Distribution: The bank distributes insurance products through partnerships with AIA Cambodia (life insurance) and Forte Insurance (general insurance), earning commission on sold policies.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels3 records

Core offering

KB PRASAC Bank is a licensed commercial bank in Cambodia, formed through the merger of PRASAC Microfinance Institution and Kookmin Bank Cambodia, operating under KB Kookmin Bank (South Korea). It provides deposit accounts, a full suite of lending products (micro, small, and medium business loans, housing, education, car, overdraft, trade finance), digital banking via KB PRASAC Mobile and KB PRASAC Corporate platforms, interbank transfers through the Bakong payment system, international SWIFT transfers, and insurance distribution partnerships with AIA and Forte.

Product overview

KB PRASAC Bank is a commercial bank operating as a platform-plus-modules architecture. The core digital banking ecosystem centers on KB PRASAC Mobile (retail mobile banking) and KB PRASAC Corporate (business internet banking), supplemented by self-service channels including ATMs, deposit machines, and CSS terminals. The bank offers a comprehensive suite of deposit products (current accounts, savings accounts, term deposits with various maturity options including Kid Growth and Flexi Growth accounts), lending products (micro, small, and medium business loans, housing loans, education loans, and trade finance), and value-added services including bill payments (electricity, water, solid waste, education), interbank transfers via Bakong network, international transfers via SWIFT, cross-border QR payments, Cash-Code transfers, payroll services, and insurance partnerships with AIA and Forte. The bank operates 188 branches serving personal and business customers across Cambodia with digital-first banking capabilities.

Differentiator

Problem solved

Functional benefit

Products and services

• KB PRASAC Mobile Primary mobile banking application enabling customers to perform comprehensive banking transactions including fund transfers, bill payments, account management, and QR code payments on smartphones.
• KB PRASAC Corporate Corporate internet banking platform for business customers to perform financial and non-financial transactions including bulk transfers, payroll services, bill payments, and trade finance management via web browser.
• Digital Account Account opening feature allowing instant digital account registration via mobile phone with identity verification and PIN setup.
• Current Account Transactional checking account for daily banking needs and settlements.
• Premium Current Account Enhanced current account with premium features and benefits.
• Savings Account Basic savings deposit account for secure fund storage with interest earnings.
• Term Deposit Account Time deposit account with guaranteed returns and safety, available in KHR and USD currencies with terms from 1 to 60 months.
• Savings Plan Account Structured savings account enabling customers to save monthly amounts to achieve specific financial goals over time.
• Flexi Growth Savings Account Tiered savings account with progressive interest rates based on balance levels.
• Kid Growth Savings Account Savings account designed for children with long-term growth focus.
• Merchant Savings Account Specialized savings account for merchants and business owners.
• Employee Savings Account Savings account tailored for salary earners and employees.
• FI Business Account Specialized account for financial institution business customers.
• Housing Loan Home financing loan with interest rates as low as 6.99% per annum to help customers achieve homeownership dreams.
• Micro Business Loan Microfinance loans for very small business operations and entrepreneurs.
• Small Business Loan Small enterprise financing for business growth and expansion.
• Medium Business Loan Medium-sized business credit facilities for

Quantifiable outcome

• Housing loan interest rate as low as 6.99% per annum
• +2 more outcomes

Named customers3 records

Segments3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature4 records

Partnerships

Five partnerships are on record, tiered core and minor.

• AIA CambodiacoreGTM or Marketing Partner · 1 January 2026Partnership with AIA Cambodia for life insurance services distribution through KB PRASAC Bank branches. The bank offers AIA life insurance packages to payroll service users and runs 'Prestige Talk' seminar series on health and financial security.
• Forte InsurancecoreGTM or Marketing Partner · 1 January 2026Partnership with Forte Insurance for general insurance solutions distribution through KB PRASAC Bank.
• Telecom CambodiacoreStrategic or Co-development Partner · 1 January 2026MoU signed to enhance digital payment services between KB PRASAC Bank and Telecom Cambodia.
• American University of Phnom Penh (AUPP)minorStrategic or Co-development Partner · 1 January 2026Strategic partnership exploration to support education sector and business growth in Cambodia.
• National Bank of Cambodia (Bakong System)coreTechnology or IntegrationIntegration with National Bank of Cambodia's Bakong payment system enabling interbank fund transfers and QR code payments across member banks and financial institutions.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Cambodian Public Bank: Cambodian Public Bank is part of Malaysia's Public Bank Group and offers retail and commercial banking products with branch coverage in Cambodia. It competes with KB PRASAC on deposits, housing/SME loans, and trade finance in the same market.
• Sathapana Bank: Sathapana is a Cambodian commercial bank with strong microfinance heritage and nationwide branch presence. It offers comparable deposit, lending, and digital products, and targets similar micro/SME and retail customer segments as KB PRASAC.
• Acleda Bank: Acleda is Cambodia's largest commercial bank and microfinance leader, offering a nearly identical product suite (deposits, micro/SME loans, digital banking, trade finance) with similar nationwide branch coverage. It is KB PRASAC's most direct domestic competitor.
• ABA Bank: ABA is one of Cambodia's fastest-growing commercial banks with a strong digital-first focus (ABA Mobile) and full retail/corporate banking offering. It competes head-to-head with KB PRASAC for retail deposits, SME lending, and digital transaction volume.
• Canadia Bank: Canadia is a top-tier Cambodian commercial bank offering retail, SME, and corporate banking with extensive branches. It directly competes with KB PRASAC on deposit products, lending products, and digital banking services in the same domestic market.

Emerging players

• Wing Bank (Cambodia): Wing is a Cambodian digital-focused bank emphasizing mobile wallets, payments, and small-ticket lending. It overlaps with KB PRASAC on digital transaction banking and unbanked customer acquisition but has a narrower branch presence.

Broad incumbents

• KB Kookmin Bank: KB Kookmin Bank is the South Korean parent and one of Korea's largest financial groups, with full retail, corporate, investment banking, and international operations. It is KB PRASAC's parent and provides the strategic direction, capital, and technology backbone.

Regional players

• Maybank Cambodia: Maybank Cambodia is the local subsidiary of Malaysia's Maybank, providing retail and corporate banking services. It overlaps with KB PRASAC on trade finance, foreign exchange, and corporate lending, with regional backing similar to KB Kookmin.
• CIMB Cambodia: CIMB Cambodia is a regional banking group subsidiary offering commercial and consumer banking. It competes with KB PRASAC on cross-border trade, foreign exchange, and corporate/SME banking in Cambodia.
• HDBank (Vietnam): HDBank is a Vietnamese commercial bank with strong retail, SME, and consumer finance operations. While operating in a different country, it offers a comparable product mix and target segments (micro/SME, retail deposits, digital banking) that mirror KB PRASAC's positioning.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/kbprasac_bank
• YouTubeyoutube.com/@kbprasacbank
• Facebookfacebook.com/kbprasacbankplc
• LinkedInlinkedin.com/company/kb-prasac-bank
• Instagraminstagram.com/kbprasac.bank
• TikToktiktok.com/@kbprasac.bank

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds1 record

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 KB PRASAC Bank