Phnom Penh, 10 June 2025: KB PRASAC Bank Plc.​ and Forte Insurance (Cambodia) Plc. jointly organized a kickoff strategic meeting for 2025 under the theme “Stronger Together, Unlocking Opportunities.” The meeting reflected a shared commitment to delivering comprehensive, innovative, and customer-centric financial solutions that create a complete and modern financial safety net.

The event was presided over by Mr. Youk Chamroeunrith, Group Chief Executive Officer of Forte Group, and Mr. Oum Sam Oeun, President & Chief Executive Officer of KB PRASAC Bank, along with the senior management teams of both organizations.

Mr. Youk Chamroeunrith, Group Chief Executive Officer of Forte Group, said: “Forte, a big and long-established local insurance company among other general insurance companies, has been leading the insurance market in Cambodia for more than 26 years. KB PRASAC Bank is considered one of the top five commercial banks in Cambodia, with a glorious history and a well-known reputation in the banking sector. It is an utmost of pride for Forte to have established a business partnership with KB PRASAC Bank.”

Mr. Youk Chamroeunrith, Group Chief Executive Officer of Forte Group, stated:
“Our partnership with KB PRASAC Bank is a key part of our strategy to expand access to insurance services and reach even more customers across Cambodia. As the country’s leading insurance provider, holding a 43% market share in 2024, we are committed to delivering innovative products and flexible solutions that meet customers’ evolving needs. Today’s meeting is about aligning our strategies to continue providing strong financial protection to our customers and contributing to the broader community and the national economy.”

Mr. Oum Sam Oeun, President & Chief Executive Officer of KB PRASAC Bank, shared:
“Forte Insurance and KB PRASAC Bank share a clear and common goal: putting our customers first by offering them and their families comprehensive and suitable financial solutions for every stage of life. Beyond banking services, our customers can access a wide range of insurance options, from health and property insurance to coverage for valuable assets such as cars, homes, and businesses. In today’s world, risks are present everywhere and every day—our collaboration is about giving customers greater security and faster access to the financial solutions they need.”

This collaborative event fostered a positive and close spirit between the two organizations. The meeting not only focused on shaping the 2025 strategy but also reinforced their solid partnership, driving further product integration and innovation. Both companies aim to provide more flexible and modern financial solutions that meet the needs of today’s customers.

About KB PRASAC Bank Plc.

KB PRASAC Bank Plc., is a new commercial bank in Cambodia with the license from the National Bank of Cambodia (NBC) and received the approval from the Ministry of Commerce (MoC) to conduct its banking operations officially in August 2023. As of December 2024, the bank has total assets of USD 5.64 billion, deposit balance of USD 3.53 billion, total loan portfolio of USD 5.18 billion, 188 branch offices, and more than 10,000 staff.

The merged bank will deliver more comprehensive and innovative banking services and products to the customers in Cambodia with state of art of digital banking system to in line with the growth and demand of the market. The bank is also dedicated to promoting financial inclusion, driving economic growth, and providing innovative financial solutions to its diverse clientele.

Find out more from their website: https://www.kbprasacbank.com.kh/en/bank-overview/profile/

About Forte Insurance  

Forte is leading the growth of the insurance industry in emerging Southeast Asia with its vision to protect and empower everyone in the region for a better future – one person, one business at a time.

Founded in Cambodia in 1999, Forte has remained true to its mission to provide innovative customer-focused products and services, build capacity in people and contribute to the progress of the insurance industry in the markets they operate in. Forte is the oldest and largest insurance group in the country which leads the market in general insurance for the gross premium basis and life insurance in terms of number of lives.

Offering both general and life insurance in Cambodia, and general insurance in Laos, Forte is the preferred partner of multinational insurers and provider of most holistic insurance solutions in Cambodia. 

Forte is also an employer of choice that offers a collaborative workplace which rewards achievement and provides opportunities for employees to grow through professional education and development.

Find out more from their website: www.forteinsurance.com

Phnom Penh, 09 June 2025 – KB PRASAC Bank proudly announces the opening of its first-ever branch inside a shopping mall at AEON Mall Mean Chey, marking another milestone in the bank’s expansion and commitment to customer convenience. A ribbon-cutting ceremony was held to celebrate this significant achievement, attended by management of KB PRASAC Bank, business partners, and distinguished guests.

The new AEON Mall Mean Chey branch stands out for its extended operating hours, from 9:00 AM to 8:00 PM, seven days a week, offering unparalleled accessibility for customers. This move redefines banking convenience by allowing customers to access financial services while enjoying their shopping and leisure time. And even better, customers can come and meet or do transaction directly with KB PRASAC employees outside of their normal working hours.

KB PRASAC Bank Aeon Mall Mean Chey branch is designed to provide full access to KB PRASAC Bank’s comprehensive range of financial services, including:

• ATM and Cash-In Machine
• Savings and Deposit Accounts
• Loan Facilities
• Local and International Fund Transfers
• Tax Payment Services
• NSSF Enterprise Payment
• MPWT Public Services, and
• Other services.

Speaking at the opening ceremony, Mr. OUM Sam Oeun, President and CEO of KB PRASAC Bank, stated: “We are thrilled to introduce a new level of banking convenience with the launch of our AEON Mall Mean Chey branch. This expansion is part of our commitment to making financial services more accessible, ensuring that our customers can bank at their convenience, seven days a week, in a prime location.”

To celebrate this milestone, KB PRASAC Bank is offering special promotion for customers who open any account, term deposit account, or merchant savings account at this flagship branch will receive cash and instant gifts. Please enjoy our offer while stock lasts. For more information, please call 023 999 911 or 086 999 911.

KB PRASAC Bank is delighted to donate 40 million riels to the Cambodia Kantha Bopha Foundation (CKF) in the “10,000 riels, 10,000 people” campaign to ensure the sustainability of Kantha Bopha Hospitals in providing free and quality examination, consultation, and treatment to children in Cambodia.

KB PRASAC Bank Management handed over the donation to Lok Chumteav Dr. Pich Chanmony Hun Manet, Honorary President of the Cambodia Kantha Bopha Foundation, at the “10,000 riels, 10,000 people” campaign launching ceremony, held on 1 June 2025, to celebrate International Children’s Day and inspire the spirit of “Khmer Helping Khmer” to donate to this noble cause.

KB PRASAC Bank is committed to supporting the CKF’s efforts to improve healthcare for children, who represent the nation’s future and its main pillar for growth and prosperity. This donation aligns with Bank’s core values of fostering positive change and contributing to the well-being of Cambodian communities.

To​ support​ the​ contribution widely and actively, KB PRASAC Bank offers its customers and the public a convenient way to donate to CKF by using KB PRASAC Mobile app or other banking apps to scan KHQR Code of Cambodia Kantha Bopha Foundation, with no transaction fees.

Please join this campaign to bring smiles and new hope to every Cambodian child.

Phnom Penh, 05 May 2025: KB PRASAC Bank donated 400 million Riel to the Cambodian Red Cross (CRC) in commemoration of the 162^nd Anniversary of World Red Cross and Red Crescent Day on 8 May 2025, and the 70^th Anniversary of Cambodian Red Cross, under the theme “Together for Healthy and Climate-Resilient Communities.”

The management of KB PRASAC Bank, said: “We are more than happy to contribute to supporting the Cambodian Red Cross in its humanitarian activities to help the most vulnerable people and those who have suffered from natural disasters and other calamities.”

He also expressed his sincere gratitude to the Cambodian Red Cross for its humanitarian activities and for allowing donators from private sector to participate in this noble cause with the Cambodian Red Cross to help the poor, promote well-being for the Cambodian people and in various humanitarian activities.

In response, Lok Chumteav Men Neary Sopheak, first deputy secretary-general of the Cambodian Red Cross, expressed her gratitude to KB PRASAC Bank for always participating in the activities of the Cambodian Red Cross and wished the management and staff of KB PRASAC Bank best wishes and wished the Bank smooth operations so as to continue to contribute to the development of the Cambodian economy.

KB PRASAC Bank has consistently embraced social responsibility initiatives to enrich the communities. The bank actively participates in various endeavors, including combating the Covid-19 pandemic, constructing library and school building, sponsoring National Reading Day, sponsoring financial literacy awareness and promoting Khmer Riel, providing scholarships to children who have heart disease and providing emergency relief to its clients as well.

Takeo Province: KB PRASAC Bank Plc. joined NBC’s Riel Day event featuring booth activation and a campaign to exchange old and damaged riel banknotes for new ones for free of charge at Takeo Lake Garden in Takeo province on 30 April 2025.

On that occasion, KB PRASAC Bank set up an exhibition booth to contribute to promoting financial inclusion by sharing financial knowledge in the digital age, as well as promoting savings and spending management via savings accounts and the use of KB PRASAC Mobile app.

With ongoing commitment to promote the use of Riel, KB PRASAC Bank offers riel account opening with no opening fee and annual service fee, provides riel loans, and offers high interest rates for riel savings account.

KB PRASAC Bank held Buddhist blessing ceremonies at Head Office and branches across provinces-capital to celebrate the upcoming Khmer New Year, the year of Snake.
May the devada (angel) of the New Year bless you and your family with prosperity and success together forever.

Best wishes to Valued Customers, Public, Regulators and Stakeholders

On this auspicious occasion of Khmer New Year, we would like to extend our wholehearted and sincere thankfulness to valued customers and all stakeholders of KB PRASAC Bank Plc. for your loyalty, trust and support. including the Shareholders, Board of Directors, Management and Employees who committed and contributed to the success in last year. We also would like to convey special thanks to the Royal Government of Cambodia (RGC) especially the National Bank of Cambodia (NBC), Ministry of Commerce, and local authorities who have supported our operations thus far.

KB PRASAC Bank has upgraded itself into the next level to answer to market driven, especially developing more diverse financial services, improving customer service, and modernizing information and digital technology in order to provide convenience and high safety to customers.

On behalf of the shareholders, the Board of Directors, the Management, and myself, I would like to wish all valued customers, the public, regulators, authorities, and all stakeholders, as well as their families the four gems of Buddhist blessing: Longevity, Nobility, Health and Strength as well as continued success in all your endeavors.

From KB PRASAC Bank President & Chief Executive Officer OUM Sam Oeun

Kampong Chhnang: KB PRASAC Bank held the inauguration ceremony of the 47th library building at Punley primary school and secondary school in Punley village, Ponley commune, Boribo district, Kampong Speu province, in order to promote education sector and instill reading culture, under the high presidency of Her Excellency Dr. Soeur Socheata, Undersecretary of State of Ministry of Education, Youth and Sport on April 4, 2025, with the participation of management from National Bank of Cambodia (NBC), Kampong Chhang Provincial Department of Education, Youth and Sport, district officials, local authorities, teachers, students and local residents.

Mr. Ly Phallin, Deputy District Governor of Boribo, said that the library provides opportunities for students who are the descendants of the people in our Punley commune community to read and study. On behalf of the local authorities, he highly appreciates KB PRASAC Bank for its contribution to the Royal Government in human resource development. Therefore, teachers, students and the community shall work together to preserve this valuable resource, while students must continue to study hard for their future.

Mr. Oum Sam Oeun, President and Chief Executive Officer of KB PRASAC Bank, said that, “We are pleased to provide library building to Punley primary and secondary school. This library is a storehouse of knowledge for students to absorb to strengthen ability by reading and researching.” He added that education is the foundation of development. So far, KB PRASAC Bank has constructed 47 buildings. He hopes that all students will make every effort to read and study through this library to improve and expand their knowledge to become good students, good children, good citizens and contribute to the economic and social development of Cambodia.

Her Excellency Dr. Soeur Socheata, Under-secretary of State of the Ministry of Education, Youth and Sports, praised and thanked KB PRASAC Bank for its efforts to contribute to the Ministry’s education, youth and sports in promoting the reading and education of students through the construction of the library buildings. This library will contribute to cultivating human resources, which are the greatest resources for our country. She emphasizes that students need to study diligently and teachers must continue to strengthen their skills through self-research so that their teaching is more effective.

So far, KB PRASAC Bank Library Project has put in place 47 buildings covering 505 villages with a total of 11,0951 households with the population of 454,559 in 15 provinces, including Kampong Speu, Kampong Cham, Kandal, Prey Veng, Kampong Thom, Siem Reap, Takeo, Preah Vihear, Battambang, Svay Rieng, Banteay Meanchey, Kep, Pursat, Tboung Khmum and Kampong Chhnang, with 172,554 students who directly benefit from this library project.

KB PRASAC Bank is pleased to contribute to the Association of Banks in Cambodia (ABC)’s initiative to support the education sector in Kampong Thom Province for the renovation of 12 primary schools, 2 secondary schools and 1 high school in Prasat Sambor district, Kampong Thom province.

As part of this initiative, a handover ceremony for Chromas Primary School was held on 21 March 2025, attended by H.E.​ Say​ Sam​ Art,​ Deputy​ Governor​ of​ the​ National​ Bank​ of​ Cambodia, along with representatives of the Association of Banks in Cambodia (ABC) and many other stakeholders.

At the event, KB PRASAC Bank also participated in distributing educational materials to students there to support their studies.

Kandal Province – KB Kookmin Bank, a leading bank in South Korea and a shareholder of KB PRASAC Bank, organized a handover ceremony for a library building for Damnak Ampil Primary and Secondary School in Angsnoul District, Kandal Province on 21 March 2025, highly graced by His Excellency Ke Sovann, Undersecretary of State of Ministry of Foreign Affairs and International Cooperation. This library building was materialized from the sponsor of staff of KB Kookmin Bank, local community and relevant partners, as well as the direct participation of more than 30 KB Kookmin Bank employees in the completion of the construction project.

In addition to the participation of a volunteer group of KB Kookmin Bank employees in enhancing the beauty of the library and school by painting and drawing on the walls, the team also participated in cultural exchange activities with students and teachers by organizing traditional Korean games such as Jegichagi and Tuho.

At the ceremony, KB PRASAC Bank management expressed their sincere gratitude to KB Kookmin Bank in Korea and other stakeholders for supporting the construction of the library at Damnak Ampil school. The successful completion of the construction and handover of the library building reflects KB Kookmin Bank’s commitment to contributing to the development of education and supporting the community in Cambodia. He also hoped that students would make full use of the library to gain knowledge from reading books and conducting research for the benefit of the future and hoped that they would participate in preserving this valuable achievement.

An official from KB Kookmin Bank said, “We hope that Cambodian residents and teenagers will enjoy opportunities for knowledge and learning in the KB Library, experience the wider world through books, and develop dreams and hopes.”

It is noteworthy that KB Kookmin Bank has also supported social work in Cambodia, including the construction of a library, supporting heart treatment for Cambodian children, and contributing funds to the Samdech Techo Scholarship Foundation.

Siem Reap, Cambodia – KB PRASAC Bank is proud to support the surgical mission of Smile Cambodia as a Gold Sponsor, reinforcing its commitment to corporate social responsibility and making a meaningful impact on Cambodian communities.

The surgical mission, took place from March 13 to 15, 2025, at Siem Reap Provincial Hospital, provided free surgeries and treatment to Cambodian children born with cleft lip, cleft palate, and other facial deformities. This initiative aims to restore not only their smiles but also their confidence and quality of life.

As part of Smile Asia, Smile Cambodia was joined by international medical volunteers from Future Smile China and BEAM Hong Kong, who collaborated with Cambodian medical professionals to deliver life-changing surgeries to those in need.

KB PRASAC Bank is honored to support this noble cause. KB PRASAC Bank remains dedicated to giving back to society and will continue to support initiatives that contribute to the well-being of Cambodian communities.

Phnom Penh: KB PRASAC Bank proudly sponsored National Reading Day 2025, held from 8 to 11 March at the Institute of Technology of Cambodia (Sala Techno) under the theme “Reading Connects People Across Generations in Society.” This sponsorship reflects the bank’s unwavering commitment to promoting education and fostering a reading culture across Cambodia.

On that occasion, KB PRASAC Bank set up an exhibition booth to contribute to promoting financial inclusion by sharing financial knowledge in the digital age, as well as promoting savings and spending management via savings accounts and the use of KB PRASAC Mobile app.

As a result of KB PRASAC Bank’s contribution to strengthening human resources, 47 library buildings in various provinces have been built and equipped in accordance with the standard of Ministry of Education, providing students and communities with greater access to knowledge and learning resources.

Phnom Penh, 7 March 2025 – Demonstrating its commitment to social responsibility, KB PRASAC Bank sponsored the “Donate Blood, Save Lives” campaign in which the management and volunteered to donate blood under. This meaningful initiative was co-organized by The Association of Banks in Cambodia (ABC) and the National Blood Transfusion Center (NBTC) and took place at the Institute for Banking Studies in Phnom Penh.

The campaign aims to replenish the community’s safe blood supply and raise awareness about the importance of blood donation as a life-saving gift. With the growing need for blood in hospitals across Cambodia, KB PRASAC Bank is proud to contribute to this vital cause and encourage more people to participate in similar initiatives.

“As a responsible corporate citizen, KB PRASAC Bank is honored to take part in this noble effort,” said an officer at KB PRASAC Bank. “Blood donation is a simple yet powerful act that can save lives, and we are committed to supporting our community through such impactful initiatives.”

KB PRASAC Bank remains dedicated to giving back to society and will continue engaging in various corporate social responsibility (CSR) activities that make a meaningful difference in people’s lives.