ABA​ Bank,​ a​ subsidiary​ of​ National​ Bank​ of​ Canada,​ announces​ today​ that​ it​ received​ the​ “Best​ Bank​ in​ Cambodia​ 2020" award​ by​ Euromoney,​ one​ of​ the​ world’s​ most​ prominent​ and​ trustworthy​ financial​ magazines.

Euromoney​ experts​ particularly​ highlighted​ enhancements​ of​ ABA​ Bank​ in​ digital​ business​ transformation,​ modernization​ of​ its​ ABA​ Mobile​ app,​ as​ well​ as​ expansion​ of​ the​ physical​ footprint​ and​ other​ major​ achievements​ over​ the​ past​ 12​ months.​ The​ judging​ panel​ of​ Euromoney​ includes​ a​ team​ of​ senior​ journalists,​ chaired​ by​ the​ Euromoney’s​ editor,​ in​ conjunction​ with​ the​ editorial​ committee’s​ research​ into​ the​ banking​ and​ capital​ markets.

Askhat​ Azhikhanov,​ Chief​ Executive​ Officer​ of​ ABA​ commented​ on​ the​ award,​ “Receiving​ the​ seventh​ consecutive​ ‘Best​ Bank​ in​ Cambodia’​ title​ from​ Euromoney​ is​ a​ considerable​ achievement​ for​ ABA​ Bank.​ Euromoney​ magazine​ lauded​ our​ attainments​ in​ digitalization​ of​ the​ local​ market,​ especially​ the​ efforts​ we​ put​ into​ our​ core​ product,​ the​ ABA​ Mobile​ app,​ whose​ customer​ base​ more​ than​ doubled​ over​ the​ last​ year.

"I​ would​ like​ to​ extend​ sincere​ gratitude​ to​ all​ our​ valued​ customers​ for​ their​ trust​ in​ us​ and​ confidence​ in​ the​ solutions​ we​ provide.​ Building​ an​ environment​ where​ customers​ get​ easy​ access​ to​ their​ finances​ while​ enjoying​ user-centric​ digital​ solutions​ remains​ our​ top​ priority,"​ Azhikhanov​ added.

In​ its​ write-up​ about​ ABA​ Bank's​ award​ this​ year,​ Euromoney's​ editor​ Clive​ Horwood​ commented,​ "In​ a​ country​ saturated​ with​ lenders,​ ABA​ stands​ strong​ above​ the​ crowd.​ Compared​ with​ its​ domestic​ peers,​ ABA​ Bank​ caught​ the​ digital​ bug​ relatively​ early".

"The​ bank​ continues​ to​ invest​ in​ digital​ footprint.​ In​ 2019,​ it​ enhanced​ QR-code​ cashless​ payment​ service,​ ABA​ PAY,​ launched​ mobile​ savings​ and​ mobile​ fixed​ accounts,​ and​ rolled​ out​ international​ SWIFT​ money​ transfers​ in​ its​ ABA​ Mobile​ app," Horwood​ built​ on.

The​ Euromoney’s​ “Best​ Bank​ in​ Cambodia​ 2020" award​ joins​ a​ host​ of​ trophies​ ABA​ has​ garnered​ previously.​ The​ Bank​ was​ named​ "Bank​ of​ the​ Year​ in​ Cambodia" by​ The​ Banker​ magazine​ in​ 2014,​ 2016,​ and​ 2019,​ and​ won​ “Cambodia’s​ Best​ Bank"​ title​ from​ Global​ Finance​ magazine​ in​ 2015-2020.​ The​ awards​ show​ the​ strong​ position​ of​ ABA​ Bank​ in​ the​ market​ and​ its​ desire​ to​ be​ the​ best​ bank​ possible​ for​ its​ customers.