Founded in 1991, Canadia Bank is Cambodia’s largest locally-owned commercial bank and one of the most‑established financial institutions in the Kingdom. With over three decades of proven financial expertise, it played a crucial role in the nationwide economic rebuilding efforts and was fully privatised in 1998. Today, Canadia Bank holds a commanding market share in both loans and deposits, supported by 70 branches nationwide and more than 430 self‑service digital machines.
This comprehensive review covers everything you need to know about Canadia Bank in 2026 – from its rich history and key products to fees, interest rates, recent developments, and why it remains a top choice for both local customers and expats.
⚡ Quick Overview
| Item | Details |
|---|---|
| Full name | Canadia Bank Plc. |
| Founded | 1991 |
| Headquarters | Canadia Tower, Ang Doung Street, Monivong Boulevard, Phnom Penh |
| Branches | 70 branches nationwide |
| Self‑service machines | Over 430 ATMs and cash recycling machines |
| Group assets (end 2024) | US$8.6 billion |
| Group net profit (end 2024) | US$84.6 million |
| SWIFT code | CADIKHPPXXX |
| Best for | Local trust, fee‑free ATM withdrawals for European cards, competitive fixed deposits |
| Account currencies | USD, KHR, THB, RMB, EUR, GBP, CAD, AUD, JPY, VND, LAK, CNY |
📜 History & Growth
Canadia Bank was founded in 1991 under the leadership of Dr. Pung Kheav Se, whose journey exemplifies resilience and vision. The bank was one of the pioneering financial institutions that played a crucial role in Cambodia’s nationwide economic rebuilding efforts. It was fully privatised in 1998.
In 2025, Canadia Bank celebrated 25 years of collaboration with Mastercard, marking a joint journey that has shaped Cambodia’s digital payment landscape from its earliest stages to today’s increasingly cashless economy. The bank has also been consistently recognised for its disciplined risk strategy, financial inclusion initiatives, and digital banking expansion.
A landmark milestone was reached on March 16, 2026, when Canadia Bank officially inaugurated its 70th branch in the Koh Kong Zhejiang Special Economic Zone (ZSEZ). Strategically located in one of Cambodia’s rapidly expanding industrial hubs, the branch is designed to enhance financial accessibility for corporate clients, their employees, and the wider business community operating in the economic zone.
🏛️ Products & Services
💳 Accounts
Canadia Bank offers a wide range of personal and business accounts in multiple currencies, including USD, KHR, THB, RMB, EUR, GBP, CAD, AUD, JPY, VND, LAK, and CNY.
The bank also offers multi‑currency accounts, allowing customers to hold several currencies in a single account – a major advantage for expats and businesses with international income or expenses.
📱 The New Canadia Bank App
On January 5, 2026, Canadia Bank launched its reinvented mobile banking app, developed in‑house by the bank’s digital and technology teams. The new app features:
- Modern, personalised interface with customizable layouts
- Biometric login (fingerprint / face recognition) and real‑time notifications
- Instant account opening in just a few minutes with a valid ID
- KHQR payments via Bakong, account‑to‑account and phone number transfers
- International transfers through SWIFT and MoneyGram
- Cross‑border QR payments – scan Thai QR and Viet QR codes
- Simplified bill payments with invoice scanning and saved templates
- Full card‑management capabilities
- CanaPoints rewards program – earn points with every transaction (KHQR payments, mobile top‑ups, bill payments, transfers) and redeem them for exclusive merchant offers or mobile top‑ups
The app is available on iOS, Android, and Huawei App Gallery. Activation requires your registered phone number and Customer ID (CID) or account number.
💰 Loans
Canadia Bank offers a comprehensive range of loan products:
- Personal loans – for individuals needing funds for education, medical expenses, or other personal needs
- SME loans – supporting small and medium‑sized enterprises
- Corporate loans – tailored for larger businesses
- Mortgage loans – for property purchase or construction
- Project financing – for large‑scale developments
🌐 International Transfers
Canadia Bank supports both SWIFT and MoneyGram for international transfers.
- SWIFT code: CADIKHPPXXX
- Bank address: Canadia Tower, Ang Doung Street, Monivong Boulevard, Phnom Penh, Cambodia
- Inward transfers are processed efficiently. Funds are credited to your account in the relevant currency.
💵 Fees & Interest Rates (2026)
Fees
Interest Rates – Fixed Deposit (Personal)
| Term | USD (at maturity) | KHR (at maturity) | USD (monthly) |
|---|---|---|---|
| 1 Week | 0.90% | 1.20% | – |
| 1 Month | 1.15% | 1.85% | 1.15% |
| 3 Months | 2.10% | 2.85% | 1.85% |
| 6 Months | 3.45% | 3.85% | 3.20% |
| 12 Months | 3.85% | 4.25% | 3.60% |
| 36 Months | 3.90% | 4.30% | 3.65% |
| 60 Months | 3.90% | 4.30% | 3.65% |
Minimum deposit: USD 500 or equivalent. Interest rates are subject to change without notice. A 6% withholding tax applies for resident taxpayers; 14% for non‑residents.
Interest Rates – Prathana Account (Goal‑Based Savings)
| Term | USD | KHR |
|---|---|---|
| 1 Year | 4.75% | 5.75% |
| 2 Years | 5.25% | 6.60% |
| 3 Years | 5.25% | 6.75% |
| 4 Years | 5.50% | 6.85% |
| 5 Years | 5.50% | 6.85% |
Minimum monthly installment: USD 20. Interest paid at maturity or account closure.
Interest Rates – Savings Account
Canadia Bank offers competitive interest rates on savings accounts, with higher rates for KHR deposits. Contact the bank or visit a branch for current rates.
🆚 Why Expats Choose Canadia Bank
Canadia Bank has long been an expat favourite in Cambodia. Key reasons include:
- Fee‑free ATM withdrawals for European cards – This is a unique advantage. While most banks charge $6–7 per withdrawal, Canadia ATMs charge no fee for European bank cards.
- Low minimum deposit – Just $200 to open a current account (USD, KHR, or THB).
- Multi‑currency accounts – Hold USD, KHR, THB, RMB, EUR, and more in a single account.
- Strong local reputation – As Cambodia’s largest locally‑owned commercial bank, Canadia is deeply trusted by locals and businesses.
- Excellent customer service – The bank is well known for its good customer service and growing branch network.
- Competitive fixed deposit rates – Offering some of the most attractive rates in the market, especially for KHR deposits (up to 4.30%).
- Large branch network – With 70 branches nationwide, Canadia is accessible in all major provinces.
📰 Recent News & Developments (2026)
🏛️ 70th Branch Opening in Koh Kong SEZ (March 16, 2026)
Canadia Bank inaugurated its 70th branch in the Koh Kong Zhejiang Special Economic Zone (ZSEZ), strategically positioned to support business activities within one of Cambodia’s rapidly expanding industrial hubs. The branch offers full‑service banking, including business and personal loans, trade finance, payroll services, and digital payment solutions, supported by multilingual Relationship Managers including Chinese‑speaking professionals.
🤝 Partnership with PassApp Technologies (February 27, 2026)
Canadia Bank signed an MoU with PassApp Technologies to advance cashless transactions for drivers and riders nationwide. The partnership enables seamless top‑up services and faster fund transfers for PassApp driver‑partners, and allows passengers to securely save debit/credit cards for automated ride‑fee deductions.
📱 New Canadia Bank App Launch (January 5, 2026)
Canadia Bank launched its reinvented mobile banking app, developed in‑house by the bank’s digital and technology teams. The app features a modern, intuitive interface, biometric login, instant account opening, KHQR payments via Bakong, international transfers (SWIFT & MoneyGram), and the CanaPoints rewards program.
🤝 Partnership with BROWN (January 2026)
Canadia Bank signed a strategic partnership with BROWN, one of Cambodia’s most recognised lifestyle brands, to enhance digital payment convenience across BROWN’s nationwide stores and mobile app, elevating the customer experience with seamless KHQR payments.
🏆 Best Retail Bank in Cambodia Award (2025)
Canadia Bank was awarded “Best Retail Bank in Cambodia” by The Asian Banker for the fifth time, recognised for its disciplined risk strategy, strong liquidity management, financial inclusion initiatives, and sustained digital banking growth.
🇭🇰 Representative Office in Hong Kong (2026)
Canadia Bank officially set up a representative office in Hong Kong, marking a milestone in cross‑border finance and Belt and Road cooperation, strengthening Cambodia–HK financial ties.
🏆 Euromoney’s Best Bank for Large Corporates (2025)
Canadia Bank clinched Euromoney’s “Best Bank for Large Corporates in Cambodia” award for the third consecutive year, highlighting its expertise in serving large corporate clients.
🔧 Related Tools & Resources
- Directory of Financial Institutions in Cambodia – Complete list of NBC‑licensed banks
- Best Bank in Cambodia 2026 – Compare ABA, ACLEDA, Canadia, Wing, and FTB side‑by‑side
- Invest & Travel Smart Toolkit – Loan calculators, savings interest calculators, and more
❓ Frequently Asked Questions
Is Canadia Bank safe?
Yes. Canadia Bank is one of Cambodia’s largest and most stable financial institutions, with over US$8.6 billion in total assets and a strong capital base. It has been recognised for its disciplined risk strategy and strong liquidity management, maintaining a stable loan‑to‑deposit ratio of 75–80% despite Cambodia’s slowing credit growth and rising non‑performing loans.
Can a foreigner open a Canadia account?
Yes. Canadia Bank accepts foreign customers with a valid passport and long‑stay visa (E‑class). Minimum deposit for a current account is $200.
What is the minimum deposit for Canadia Bank?
- Current Account: USD 200 (or equivalent in KHR/THB)
- Savings Account: Low minimum (contact bank)
- Fixed Deposit: USD 500 minimum
- Prathana Account: USD 20 minimum monthly installment
Does Canadia Bank charge ATM fees for foreign cards?
No, for European bank cards. Canadia Bank charges no fee on ATM transactions for European bank accounts. Unfortunately, this benefit no longer applies for American cards.
Does Canadia Bank have a mobile app?
Yes. The newly reinvented Canadia Bank App (launched January 2026) offers a modern, intuitive interface with biometric login, instant account opening, KHQR payments, international transfers, and the CanaPoints rewards program. Available on iOS, Android, and Huawei App Gallery.
What is the SWIFT code for Canadia Bank?
The SWIFT code is CADIKHPPXXX. The bank address is Canadia Tower, Ang Doung Street, Monivong Boulevard, Phnom Penh, Cambodia.
How do I contact Canadia Bank?
- Call Center: (+855) 23 868 222
- Telegram Support: @CanadiabankCSC
- Head Office: Canadia Tower, Ang Doung Street, Monivong Boulevard, Phnom Penh
- Website: www.canadiabank.com.kh
📢 Disclaimer
Bank policies, fees, interest rates, and product offerings may change without notice. This review is based on information available in April 2026. Always verify with Canadia Bank’s official website or a branch before making financial decisions. This article does not constitute financial advice.
🎯 Final Thoughts
Canadia Bank stands as a pillar of Cambodia’s financial system. From its founding in 1991 to its current position as the largest locally‑owned commercial bank in the Kingdom, it has consistently demonstrated resilience, innovation, and a deep commitment to its customers. With 70 branches, over 430 self‑service machines, and a brand‑new mobile app that rivals the best in the market, Canadia Bank is well positioned to serve both local and international customers.
For expats, Canadia Bank remains a strong choice – especially for European cardholders who benefit from fee‑free ATM withdrawals, a unique advantage in Cambodia. Its competitive fixed deposit rates (up to 4.30% for KHR), multi‑currency accounts, and strong local reputation make it a trusted partner for daily banking, savings, and investment.
Whether you are a long‑term resident, a business owner, or an investor looking for a reliable local bank, Canadia Bank offers a compelling combination of stability, service, and value.