Cambodia Investment Review
Asia-Pacific Development Bank Plc. (APD Bank) reported a net profit of more than $17 million in 2025, according to data from the National Bank of Cambodia’s (NBC) latest annual supervision report, even as the bank moves to adjust withdrawal limits and manage customer liquidity following a period of heightened market concern.
NBC data indicates the bank generated approximately 68.45 billion riel in net profit for the year, equivalent to just over $17 million based on an exchange rate of 4,013 riel to the U.S. dollar. The figures place APD Bank among the mid-tier performers within Cambodia’s banking sector, which continues to be dominated by a small group of larger institutions.
The results come amid a week of increased scrutiny on the bank, following the circulation of unverified claims on social media regarding its operational status, prompting both the bank and regulators to issue clarifications.
Adjustments to withdrawal limits and deposit handling
APD Bank has introduced temporary adjustments to customer transaction limits and deposit management as part of efforts to maintain orderly operations.
According to a customer notice, daily transfers via Bakong KHQR for savings and current accounts are now capped at $500 per customer. For fixed deposit accounts, funds that have not yet matured must remain until their maturity date.
For matured fixed deposits, customers are allowed to withdraw up to $10,000 per account holder, with remaining balances either retained in savings/current accounts or rolled into new fixed deposit terms of at least six months.
The bank stated that these measures are designed to ensure services continue in an “orderly and efficient manner,” while supporting customer needs during the current period.
The move follows earlier reports of elevated withdrawal activity, with industry sources suggesting significant short-term liquidity pressures driven by customer reactions to online rumors.
Bank denies misinformation amid regulatory reassurance
In response to circulating claims, APD Bank issued a formal statement rejecting what it described as “false and unverified information,” including allegations that its license had been revoked or that operations had been suspended.
The bank emphasized that such claims do not reflect its actual financial or operational condition and urged the public to refrain from spreading misinformation. It also noted that it reserves the right to pursue legal action against individuals or entities responsible for disseminating false information.
The statement referenced guidance from the National Bank of Cambodia issued on March 16, 2026, which reaffirmed the overall stability and resilience of the country’s banking system.
APD Bank further confirmed that it is working closely with the central bank to ensure the continued protection of customer interests, the normalization of services, and full compliance with regulatory standards.
Balance sheet highlights and sector context
NBC data shows APD Bank customer deposits estimated at around $1.1 billion and a loan portfolio near $1.0 billion. These figures suggest a relatively high loan-to-deposit ratio, but are also consistent with broader sector trends in Cambodia.
The bank’s deposit base is largely concentrated among individual customers, reflecting typical retail banking structures in the Kingdom.
Across the wider sector, Cambodia had 59 commercial banks operating in 2025, with profitability heavily concentrated among a small group of leading institutions. This dynamic has left mid-sized banks such as APD more exposed to shifts in depositor sentiment, particularly during periods of uncertainty.
The recent developments highlight the sensitivity of Cambodia’s banking sector to information flows on digital platforms, where rapid dissemination of unverified claims can influence customer behavior in a short period of time.
Despite these pressures, regulators and industry bodies have consistently emphasized that the banking system remains well-capitalized and stable, supported by ongoing oversight from the National Bank of Cambodia.
APD Bank stated it will continue to monitor the situation closely and provide further updates as needed, while maintaining its focus on restoring normal operations and reinforcing customer confidence.
