In Phnom Penh, Cambodia Post Bank has officially taken over all loan assets previously held by Prince Bank following the troubled lender’s ongoing liquidation process. The transfer, approved by the National Bank of Cambodia, marks a major step in stabilizing the bank’s outstanding financial obligations while ensuring borrowers can continue repaying their loans under a new institution. Customers who previously borrowed from Prince Bank are now required to continue their repayments through Cambodia Post Bank beginning from May 5.
The move has raised questions among borrowers and financial observers about why Cambodia Post Bank was selected instead of another commercial bank. Industry observers believe the decision reflects CPBank’s strong operational growth, expanding customer base, and its ability to manage a large retail loan portfolio efficiently. More details about the bank’s services and operations can be found through the official Cambodia Post Bank.
Cambodia Post Bank Takes Over Prince Bank Loans
In a public notice issued on May 13, Cambodia Post Bank confirmed that “all rights and interests related to the loan portfolio of Prince Bank” had been officially transferred to CPBank’s management following approval from the National Bank of Cambodia.
The bank also instructed all Prince Bank borrowers to continue making their loan repayments under the new lender without interruption.
“Accordingly, all loan customers of Prince Bank are requested to take note of this transition and continue fulfilling their loan repayment obligations to Cambodia Post Bank from the date of this notice onwards,” CPBank said on its Facebook page.
The transfer is part of the broader liquidation proceedings involving Prince Bank, which has been under official administration since earlier this year.
Why Cambodia Post Bank Was Chosen?
Although authorities have not publicly explained every factor behind the selection, Cambodia Post Bank appears to have been chosen because of its growing financial strength and nationwide banking infrastructure. Founded in 2013, CPBank has expanded rapidly over the past decade and established itself as one of Cambodia’s fast growing commercial banks.
The bank currently focuses heavily on digital banking, consumer lending, and mass market financial services, making it well positioned to absorb a large number of retail borrowers from Prince Bank.
Financial experts also point to CPBank’s sizable asset base, which reportedly exceeds $1.7 billion, along with its broad branch network and large customer portfolio. These strengths likely made the institution a practical option for handling the transition smoothly while minimizing disruption for borrowers.
Another possible reason is public confidence and operational stability. During banking liquidations, regulators often seek institutions capable of managing customer accounts efficiently and maintaining repayment continuity without creating panic in the financial sector.
Prince Bank’s Liquidation Process
Prince Bank entered liquidation after serious legal issues surrounding its founder, Chen Zhi. Cambodian authorities previously ordered the liquidation process in January 2026 following investigations linked to alleged large scale fraud and cybercrime activities.
The National Bank of Cambodia appointed Morisonkak MKA Audit Accounting Co., Ltd. as the official liquidator responsible for overseeing the bank’s assets and liabilities during the process.
The liquidation followed the arrest and extradition of Chen Zhi, whose case drew major public attention and increased scrutiny on the operations of the bank.
Authorities have since focused on ensuring that customers, borrowers, and financial obligations continue to be managed properly while protecting broader confidence in Cambodia’s banking system.
Borrowers Asked to Continue Payments Normally
For customers who previously held loans with Prince Bank, the transition mainly affects where repayments are sent rather than changing the terms of their loans. CPBank stated that borrowers must continue meeting their repayment schedules as normal under the new arrangement.
The transition is intended to prevent disruption for customers while allowing regulators to manage the liquidation process in a more orderly and controlled manner.
Banking analysts say such transfers are common during liquidation proceedings because they help maintain financial stability and protect both lenders and borrowers from unnecessary complications.
Conclusion
The transfer of Prince Bank’s loan portfolio to Cambodia Post Bank highlights the role of financial stability and institutional strength during periods of banking uncertainty. While questions remain about the full scope of Prince Bank’s liquidation, authorities appear focused on ensuring that borrowers continue receiving uninterrupted banking services through a more stable institution. For many customers, the move to CPBank provides a clearer path forward as Cambodia’s banking sector works to maintain confidence and operational continuity.