New partnership announced with Borey Peng Im  - BRED Bank Cambodia

New partnership announced with Borey Peng Im 

Date Published: 22 July 2022

BRED Bank Cambodia has signed a memorandum of understanding with Borey Peng Im to provide attractive funding options for homebuyers at the popular development. 

The bank has committed initial funding of USD 1.5million to the partnership, allowing home buyers at Borey Peng Im to borrow up to 80% of the value of their new property over a period of up to 20 years. New buyers will also benefit from BRED Bank’s excellent first year rate of only 6.66%. 

Borey Peng Im is in the Prey Sor, Dangkor district of Phnom Penh, close to Phnom Penh international airport and the third AEON mall development. The borey has a great selection of shophouses, linked houses and twin villas set in an attractive environment while providing excellent access to downtown Phnom Penh and wider areas of the country. 

“We’re delighted to add another top-quality construction company to our growing portfolio of house builder partnerships,” said BRED Bank Cambodia CEO, Mr. Guillaume Perdon. “It’s an exciting development in a great location and our new partnership opens up great opportunities for our bank, Borey Peng Im – and, of course, their customers.” To find out more about home loans from BRED Bank Cambodia, call 1800 20 1234, speak to one of our Relationship Managers or ask at the Borey Peng Im sales office. 

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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!