PHNOM PENH — KB PRASAC Bank Plc., one of Cambodia’s leading commercial banks, has achieved a significant milestone by crossing 1 million active users on its flagship digital platform, the KB PRASAC Mobile application.
This milestone highlights the growing adoption of digital financial services across the Kingdom and reinforces KB PRASAC Bank’s position as a key driver of financial inclusion and technology-driven banking in Cambodia.
Fully Backed by South Korea’s KB Kookmin Bank
KB PRASAC Bank operates as a fully licensed commercial bank approved by the National Bank of Cambodia (NBC). The bank is 100% owned by KB Kookmin Bank, South Korea’s leading commercial financial institution.
With full financial, operational, and technological support from KB Kookmin Bank, KB PRASAC Bank leverages world-class banking expertise and innovative digital know-how to deliver high-standard products and secure services tailored for Cambodian consumers and businesses.
Please note that KB Kookmin Bank is one among 11 subsidiaries of KB Financial Group. KB Financial Group is a Korea’s premier financial holding company, delivering solid financial results and solidifying its leadership across domestic and international markets, and a listed company on the New York Stock Exchange (NYSE), too.
Demonstrating strong asset growth and earnings momentum, KB Financial Group saw its total assets rise 8.6% from 2025 to roughly KRW 866.9 trillion (exceeding USD 630 billion) in H1 2026. Reflecting robust profitability, net income for the first six months reached an estimated KRW 3.9 trillion (USD 2.92 billion).
In the position of global footprint and digital leadership, KB Financial Group continues to expand its reach across Asia. Notably, its key Southeast Asian subsidiary, KB PRASAC Bank in Cambodia, recently crossed 1 million mobile app users, serving as a prime example of the Group’s cross-border digital acceleration.
Seamless 24/7 Digital Banking Operations
The KB PRASAC Mobile app offers users a comprehensive suite of digital self-service solutions around the clock. Customers can execute seamless cash and payment transactions 24 hours a day, 7 days a week, including:
- 24/7 Cash & Transfer Management: Instant bank-to-bank transfers, account management, and real-time transaction tracking.
- Interoperable Payments via KHQR: Quick KHQR code scanning for merchant payments nationwide through Bakong KHQR integration.
- Cross-Border Payments: Enhanced digital capabilities, including cross-border QR payments for smooth regional transactions.
- Bill Payments & Utility Services: Convenient instant payment channels for public utilities, government services, and merchant bills.
Strong Performance and Driving Digital Financial Inclusion
KB PRASAC Bank maintains a strong capital foundation, backed by a registered share capital of USD 600 million. In the first half of 2026, the bank generated a net income of USD 76.15 million, while total equity stood at USD 1.33 billion. Consolidated total assets reached USD 5.76 billion, reflecting a 1.71% increase from year-end 2025.
Reaching 1 million app downloads and active users demonstrates strong customer trust and an expanding digital footprint. Supported by a nationwide network of 187 branches and more than 330 ATMs/CDMs, KB PRASAC Bank continues to bridge traditional branch banking with digital access, making financial management faster, safer, and accessible anytime, anywhere across Cambodia.
“Surpassing 1 million KB PRASAC Mobile users is a proud milestone and a reflection of the trust our customers place in us,” said KB PRASAC Bank management. “This achievement highlights our ongoing commitment to providing Cambodians with convenient, secure, and innovative digital banking solutions. We are deeply grateful to our customers for their loyalty, and we remain dedicated to upgrading our technology and services to make everyday banking seamless and accessible to all.”