Monday - Friday ( 08:00AM - 05:00PM)

Mon 27-May-2019 10:05 AM / Other Bank in Cambodia / 1957

While the country’s growth slowed marginally to 6.8%, it enjoyed a robust expansion in the tourism industry and higher exports in the electric machinery equipment & auto parts which underscores their growth in their manufacturing value chain.  With continued economic buoyancy, we have ended 2017 on stronger footings with a higher capital base enabling us to achieve solid business results on all fronts. Consequently and with greater economies of scale & simplicity of operations, we are able to better serve our clients.

I, therefore, am pleased to report that the Bank’s loan book grew from US$83million to US$103 million. The bank’s net income grew by 26% from US$3,395,000 for the year 2016 to US$4,281,000 for the year 2017. The robust performance was achieved without sacrificing credit quality as seen by our low 0.07% classified loan ratio. As per the National Bank of Cambodia guidelines, we have made adequate provisions for our classified loans. As always, our strong operating performance was made possible only with well-executed and timely processing of loans arising from the dedication of our hard working staff. Great team work is and always will be a core value of our Bank.

During the year, the bank continues to grow in a steady and prudent manner, carefully balancing risk against profits and liquidity, whilst serving the community. DGB Specialized Bank acknowledges that for its business success, the quality, dedication and commitment of its staff is paramount.

In 2017, the following activities and training were conducted:

  • New staff training for minimum 3 days
  • Various in-house training courses
  • External banking courses
  • Local workshop in Sihanouk Province for managers
  • Oversea workshop in South Korea in May 2017 which was attended by 240 staff and 32 family members.

In January 2018, the bank was fully acquired by Daegu Bank, a leading commercial bank & flagship company of the DGB Financial Group in Korea. Accordingly, the name of the bank has been changed to DGB Specialized Bank. I believe that 2018 will be an even better year for the bank with the presence of our strong new shareholder in the commercial banking business. We will not only continue to achieve sustainable growth, but also complete some major technological initiatives to usher in a brighter future for the bank. I also appreciate all of the great work done this year, which is because of the staff and management, and because we know we can do so much more for clients than anyone else, I have such great confidence in our future. Together we can and will reach new heights in achieving both our short and long term goals.

Finally, I would like to thank our Board of Directors for their tireless efforts in guiding the bank’s strategies, and I am grateful to our regulatory authorities, esteemed shareholders, and valued customers for their continued support.


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Car Loan

Car Loan

These loans are provided to borrowers who want to buy a car for personal use.

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Housing Loan

Housing Loan

These loans are provided to borrowers who want to buy or construct or renovate houses for their own needs.

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General Loan

General Loan

These loans are generally provided for working capital purposes and current business expansion. The repayment of principal and interest is based on the borrowers’ regular income and collateral secured by the property.

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DGB Specialized Bank


These loans are generally provided for working capital purposes and current business expansion. The repayment of principal and interest is based on the borrowers’ regular income and collateral secured by property.

Benefit:

  • Increase business opportunity
  • Increase business income
  • Obtain financial advice from our experienced staff
  • Convenient cash management with flexible loan repayment
  • Work with friendly and helpful staff
  • Reliable and fast service
  • Simple and understandable documents
  • Confidentiality

Brief Terms and Conditions:

  • Maximum amount of loan up to US$150,000
  • Flexible methods of repayment
  • Loan tenor up to 60 months
  • Interest charge only on the borrowed amount

Requirement:

– Individual borrowers:

  • Collateral
  • ID Cards/ Passport and Visa
  • Family Book/ Residential records
  • Borrower’s confirmed Financial Statement
  • Property Certificates “Collateral property”

– Institutional borrowers:

  • Collateral
  • Shareholders’ ID cards/ Passports
  • Company Memorandum
  • Company registration Certificate
  • Patent
  • Board of Resolutions / Minutes of Shareholder’s meeting
  • Company Confirmed Financial Statement

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No.689B, Kampucheakrom Blvd, Sangkat Teuk Laak1, Khan Toul Kork

Tel: (023) 999 990 /

No.689B, Kampucheakrom Blvd, Sangkat Teuk Laak1, Khan Toul Kork

www.dgbcambodia.com


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