Cambodia Investment Review
Cambodia Post Bank Plc. has officially taken over the estimated US$760 million loan portfolio of shuttered Prince Bank following the lender’s closure in 2025, according to a statement issued by the bank’s appointed liquidator.
The liquidator, Morrison Kak MKA Audit-Accounting Co Ltd, announced that, with approval from the National Bank of Cambodia (NBC), all rights and interests related to Prince Bank’s outstanding loans were transferred to Cambodia Post Bank effective from May 5, 2026.
Cambodia Post Bank Assumes Loan Rights and Obligations
Under the transfer arrangement, Cambodia Post Bank becomes the successor to all rights, obligations, and benefits tied to Prince Bank’s credit contracts as part of the liquidation process.
Borrowers have been instructed to continue loan repayments through Cambodia Post Bank branches, while all existing loan terms, collateral arrangements, and title deeds remain valid under the original agreements.
The liquidator stated that Cambodia Post Bank will manage repayment collection, payment confirmation, and loan administration moving forward – with the same term and conditions as previously agreed upon.
Prince Bank’s 2025 financial statements were not publicly released. However, the bank’s 2024 financial statements showed total customer loans of approximately US$630 million.
The same report indicated Prince Bank held around US$760 million in cash and deposits against approximately US$780 million in customer deposits from non-Prince-related entities. Around US$400 million of deposits were linked to related parties within the wider Prince Group structure.
OFAC and Compliance Status Not Clarified in Statement
The transfer follows sanctions-related issues connected to the wider Prince Group in 2025, which impacted Prince Bank’s operations.
The liquidator’s announcement did not specify the current sanctions compliance status of the transferred loan book or whether any engagement with the U.S. Office of Foreign Assets Control (OFAC) had taken place. However, the transactions is assumed to have received all required approvals; both domestically and foreign (where applicable).
Customers wanting more information can contact 070 200002 or 1800 208 888 (toll-free).
