Prince Bank: $760 Million in Loans Transferred to Cambodia Post Bank

• $760 million. Estimated amount of Prince Bank's loan portfolio transferred to Cambodia Post Bank.
• May 5, 2026. Effective date of the transfer, approved by the National Bank of Cambodia.
• Prince Bank closed in 2025. The bank ceased operations following sanctions targeting the Prince Group.
• Terms unchanged. Loan terms, collateral, and property titles remain valid.
• Contact liquidator. Borrowers can reach the liquidator Morrison Kak MKA Audit-Accounting Co Ltd.

Here are the key steps in the closure of Prince Bank and the transfer of its loan portfolio.

1. 2025: Prince Bank closes after US sanctions target the Prince Group. The bank ceases all operations.
2. 2025-2026: Liquidator Morrison Kak MKA Audit-Accounting Co Ltd is appointed to manage the liquidation.
3. Early 2026: The National Bank of Cambodia approves the transfer of the loan portfolio to Cambodia Post Bank.
4. May 5, 2026: Transfer effective: all rights and obligations related to the loans are assigned to Cambodia Post Bank.
5. May 14, 2026: Public announcement of the transfer by the liquidator, inviting borrowers to contact Cambodia Post Bank.

Prince Bank's loan portfolio was diversified. Here is an estimate based on 2024 financial data.

• Expats with a loan at Prince Bank must now repay Cambodia Post Bank under the same terms.
• Savings or checking accounts at Prince Bank are not covered by this transfer; depositors must contact the liquidator.
• Affected expats should ensure their contact details are up to date with Cambodia Post Bank to receive new repayment information.
• Collateral and property titles linked to loans remain valid; no new documents are required.
• If in doubt, expats can call 070 200002 or 1800 208 888 (toll-free).

1. Check your situation: If you had a loan or account at Prince Bank, clearly identify the product type.
2. Contact Cambodia Post Bank: Visit a branch or call 070 200002 to confirm the new repayment terms.
3. Update your contact details: Ensure Cambodia Post Bank has your current email and phone number.
4. Keep your documents: Retain a copy of your original loan agreement and any correspondence with the liquidator.
5. Beware of scams: Only share your banking information through official channels (Cambodia Post Bank website, branches).
6. Follow the news: Stay informed via local media like Cambodia Investment Review for any updates.
7. Consult an advisor: If you have doubts about your tax or legal obligations, seek advice from a certified accountant or specialized lawyer.