Author: panhavath

Phnom Penh: Bridge Bank, a leading Commercial Bank that offers full banking services to its customers, was given the “Gold” award for tax compliance by the General Department of Taxation. This certificate demonstrates the Bank’s high dedication to tax compliance.

Mr. Richard Liew, Bridge Bank’s Chief Executive Officer stated “Getting the Gold certificate from the General Department of Taxation is such an honor. This reflects a high standard with great commitment which the Bank has provided to maintain the transparency and dedication to sound fiscal stewardship in its duties to the Kingdom of Cambodia. He further added that taxes paid by the private sector are undoubtedly a necessary contribution, and the bank will work as a key partner for the government, in the expansion and development of the Cambodian economy.

Mr Richard Liew also extended his thanks to the bank’s Finance department team and to the General Department of Taxation team for their commitment to ensuring that the tax matters of the bank remain sound and transparent.

About The Award:

Tax compliance certificates come in three different varieties. Gold is the number one. To obtain it, we must provide a number of necessary documents to demonstrate that we are in compliance with the basic tax standards. Silver is the second kind, while bronze is the third.

 

About Bridge Bank:

Incorporated in Cambodia in 2014, Bridge Bank PLC is a full-fledged local commercial bank under The Worldbridge Group of Cambodia.

Bridge Bank provides a comprehensive range of banking products, namely Housing, Car, Personal, SME, Business loans, as well as Current, Savings and Fixed Deposit accounts.

Bridge Bank’s vision and mission is “To be your Preferred Financial Partner of Today and Generations to Come” with the mission “To provide Financial Services You Can Trust Through our Global Service Standards, making Banking Simple and Secure”.

For more information, please visit: http://www.bridgebank.com.kh

Phnom Penh: On June 20, 2023, Bridge Bank officially unveils its commercial bank license, a number of new products, a sizable digital banking ecosystem, and its two new branches at Toul Kork, and Takhmau. The Governor of the National Bank of Cambodia’s H.E. Chea Chanto, Bridge Bank .PLC’s Chairman, Neak Oknha Sear Rithy (also Chairman of WorldBridge Group of Companies), and other eminent guests presided over the occasion.

Bridge Bank has the ambition to stand out as the hybrid of commercial banking in the Kingdom, focusing on providing the most relevant and insightful financial advice and solutions to the country’s developing Premier banking and SME segment and its growing sophisticated customers demand with state-of-the-art Digital Banking offerings and best-in-class financing offerings.

The grand opening at the bank’s headquarter will see the opening of Bridge Bank best-in-class ‘Premier Banking Center,’ an exquisite banking hall that will offer full-suite commercial and retail banking to its highly valued customers with extended Premier lounge to assist the bank’s premier banking customers with dedicated and professional personal wealth managers.

The governor of the National Bank of Cambodia, H.E. Chea Chanto, sends his sincere congratulations to Bridge Bank for its achievements and accomplishments to date. He pointed out that the opening of Bridge Bank today is a reflection of the expansion and growth of Cambodia’s banking and financial industry. Bridge Bank has demonstrated its tenacity by growing from a specialized bank into a commercial bank to address the financial needs in the country.

“We have carefully planned our official opening presence by planning our forward-looking strategies and strengthening relationships with partners locally and internationally to ensure that we are launching our services to the public with the highest banking quality. Customer experience is one of our biggest priorities, and we want to make sure that our customers have a pleasant banking experience. And that, of course, necessitates that our employees, especially those who interact with customers, be properly trained in all necessary skills and attitudes.” Said Neak Oknha Sear Rithy, Chairman of the Bridge Bank.

Bridge Bank has invested heavily on new procedures, technology, and staff members. Since last year, the bank has invested in a new Card Management System, a new Core Banking System, and has also entered the digital banking space with its new mobile banking app. Mr. Richard Liew, the bank’s Chief Executive Officer said, “Additionally, the bank will be able to provide a full range of services before the end of the year, including mobile banking, debit cards for ATMs, and credit card services, which will be unveiled very soon”. In addition, the bank has added two new locations this year, in Takhmau and Toul Kork. Following the National Bank of Cambodia’s approval of its licensing application, the bank intends to expand further its branches network and product offerings. Mr. Richard Liew remarked.

About Bridge Bank
Bridge Bank is the local commercial bank with a vision to be your preferred financial partner of today and generations to come that provide financial services you can trust through our global service standards, making banking simple and secure.

Bridge Bank, the customer-centric Cambodian commercial bank, has engaged Bellsnord, a digital banking technology provider from Malaysia, to work on its digital transformation as it aims to become one of the key players in the Kingdom’s digital banking space.

The contract signing on April 7, 2023, was presided over by Gorman Siah, director at Bellsnord, and Richard Liew, the CEO of Bridge Bank, with senior executives from both parties in attendance.

“We will be working closely with Bridge Bank by providing them with cutting-edge DEMAIN internet and mobile banking solutions for both their retail and business banking pillars.

“The DEMAIN API gateway will also be part of the Bellsnord offering, enabling Bridge Bank Cambodia to reside on a world class banking API [application programming interface],” said Bellsnord director Gorman Siah.

Bridge Bank CEO Richard Liew said: “The digital transformation will cover three main areas in helping the bank launch its digital banking services – Bridge Mobile for retail banking customers; corporate mobile and internet banking for primarily business banking customers; and the API gateway for an open banking platform, in particular.

“This will allow the bank to be able to connect to our strategic target partners quickly and securely across both internal and external systems, such as services provider, regulator, bill payment aggregator, mobile top-up aggregator, and so forth,” he said.

Bellsnord provides a complete digital banking solution that features simple-to-use interfaces, powered by complex and powerful technology at the back-end, packaged within their DEMAIN suite of products.

As well as the products offered, Bellsnord consultants work with clients to understand and support their unique businesses, enabling them to present impactful DEMAIN solutions that can be integrated into the clients’ existing banking eco-systems. This results in the delivery of a secure, timely and accurate personalised digital banking experience all customers will enjoy. Bellsnord has a presence in Malaysia, UAE, Vietnam, and now Cambodia.

Bridge Bank is a local commercial bank with the vision of being the preferred financial partner of today and for generations to come, providing trusted financial services through its global service standards, and making banking simple and secure.