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Chief Bank launches ‘Chief Easy’ app, teams up with Zillennium

Cambodia Investment Review

One of Cambodia’s fastest growing banks Chief Bank has launched its digital micro-lending app ‘Chief Easy’, helping its customers easily take out loans.

A memorandum of understanding (MoU) in March between Chief Bank CEO Dr. Soeung Morarith and Zillennium group chairman Mr. Kuy Vat, to introduce the Zillennium workforce to the bank’s innovative services.

The event took place at Chief Bank’s Preash Norodom branch, with representatives of Zillennium and the bank joining the media to view a presentation on how the newly powerful banking app works before the signing ceremony.

Dr. Morarith said that Chief Easy will help solve the financial problems of Zillennium employees in need of quick cash, with some of the speedy loan approval times in the industry – “no more than 24 hours on work days”.

Mr Vat said the MoU positions Chief Bank as a “key strategic partner” of his company, and will be “another new impetus” for the growing real estate market in Cambodia. He also contended that a well-functioning real estate market requires smooth bank-to-bank transactions. “This collaboration will not end here, this will lead to further long-term strategic partnership,” he added.

Chief Easy (“the App”) is a digital lending platform owned and operated by Chief (Cambodia) Commercial Bank (“Chief Bank”), with our aims to ride the rapid digital adoption wave in Cambodian baking industry.

Customers can apply the loan up to $1,000 anywhere and anytime without collateral through their mobile phones. Customer will receive the quick response within 24 hours of working days.

Zillennium’s employees will receive special offers, terms and conditions for applying micro loans from our digital micro-lending app known as “Chief Easy”.

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