Marwa Saleh, Author at BRED Bank Cambodia

BRED opens its 15th branch 

On 20 March 2023, BRED Bank Cambodia opened its 15th branch on Kampuchea Krom Boulevard in Toul Kork, one of Phnom Penh’s busiest neighbourhoods.  The new branch is located in a thriving business district that is home to numerous restaurants, hotels, an international school and other commercial complexes. The branch has easy parking and is … Continued

Riel progress 
Celebrating a fascinating year in the history of the Khmer Riel 

There is no doubt that the past few years have been economically challenging both here in the Kingdom and around the world. The global pandemic has affected us all; depressing economic output, slowing growth and introducing inflationary pressures in economies all over the world.  In difficult times like these, strong leadership is required – alongside … Continued

BRED signs MOU with Borey Vimean Phnom Penh 

BRED Bank Cambodia has signed a Memorandum of Understanding with leading borey developer, Borey Vimean Phnom Penh. Under the agreement, BRED Bank will provide home loans to buyers in a number of the prestigious developments being built by the company.  The bank will provide competitively priced finance for up to 80% of the property’s value … Continued

CUSTOMER ANNOUNCEMENT 

BRED Bank (Cambodia) Plc. issues urgent fraud warning

BRED Bank Cambodia has been recently made aware that fraudsters have been using images of the bank’s Battambang Branch building alongside a modified version of our logo and name to attempt to defraud unsuspecting customers.

Please note that BRED Bank Cambodia has no association with an organisation calling itself ‘BAB Bank’ or ‘BAB Loan’ and that ‘BAB Bank’ or ‘BAB Loan’ is NOT a licensed bank.

BRED Bank Cambodia only has one branch in Battambang Province located at No. 36 & 37, Steet 1, Prek Moha Tep Village, Sangkat Svay Por, Krong Battambang, Battambang Province. If any customers see any evidence of fraudsters attempting to use BRED Bank Cambodia photography or logos, this should be reported immediately to the bank and the authorities. BRED Bank Cambodia will also take legal action against any organisation or individuals who use the bank’s imagery and brand identity without permission.

We urge all of our customers to be extremely cautious and aware of potential scams and to report any suspicious sources immediately. You should also be aware that BRED Bank Cambodia shall not be held responsible for any action carried out by ‘BAB Bank’ or ‘BAB Loan’ or for any loss incurred by any individual or organisation associated with these criminal activities.

Thank you!