Phnom Penh, 07th June 2019 - Sathapana Bank’s mobile app – Sathapana Mobile, was recognized as Cambodia’s Best Mobile Banking application in this year’s Global Banking & Finance Awards. Sathapana Bank received the honor from the UK-based Global Banking & Finance Review.
Mr. Lim Aun, The Bank’s Chief Executive Officer, said, “We are deeply honored to receive this recognition as a fitting testament to our strong commitment to offer a secure, fast and easy mobile banking portal with practical functions. This award is a confirmation that we are heading in the right direction in the digital era.”
“In 2018, we focused on a significant infrastructure investment to boost our technology platform capabilities that will accommodate the entire spectrum of our ever-expanding business. Our new mobile banking platform, whichaspires to be a lifestyle app,also offers a differentiated andunique customer experience,” Mr. Lim added.
Introduced in September 2018, Sathapana Mobile has served as the latest gateway to the bank’s growing digital ecosystem sit on omni channels platform where customers are able to seamlessly log in from both mobile and internet banking with security as well as aiming to effectively serve the national need of financial inclusion. Available in both App Store and Google Play, it allows users to conveniently view account balance and transactions history, view loan repayment schedule, open/close fixed deposit , transfer funds both domestically and internationally, transfer funds to payment service providers such as WING and PiPay, pay bills, top up prepaid mobile number, credit card services such as activate and block/unblock credit card, view card statement and transactions, and card payment, among other useful features, anytime and anywhere in the world.
Apart from this year’s award, Sathapana Bank posted a strong growth in 2018 and reached a new milestone by exceeding most of its financial targets particularly in loans and profitability.
Last year, Sathapana Bankposted a 24% growth in net profit to US$23.1 million from US$18.6 million in 2017. Meanwhile, its total assets rose to US$1.3 billion in 2018 compared to US$1.02 billion in 2017.