Phnom Penh: SBI LY HOUR Bank, which is a joint venture by Neak Oknha Ly Hour and SBI Holdings Inc, was officially launched last September 14th, 2022 at Sofitel Phnom Penh Phokeethra Hotel.

The grand opening was presided over by His Excellency Chea Chanto, Governor of the National Bank of Cambodia and His Excellency Mikami Masahiro, Ambassador of Japan to the Kingdom of Cambodia and as well as many other distinguished national and international guests.

SBI LY HOUR Bank was formerly known to the public as a Ly Hour Microfinance Institution, which was transformed into a commercial bank after obtaining a banking license from the National Bank of Cambodia on March 23rd, 2020, with the joint venture from strategic business partner, SBI Holdings.

Neak Oknha Ly Hour, Chairman of the Board of Directors of SBI LY HOUR Bank, said, “Due to our strong commitment, we have been able to transform ourselves from Ly Hour Microfinance to SBI LY HOUR Commercial Bank successfully.”, "I want to see Cambodian people benefit and experience the convenience and grow through professional financial services,therefore SBI LY HOUR Bank has a major goal for a fast massive expansion across the country’s local and potential areas,”said Neak Oknha Ly Hour.

At the grand opening, SBI LY HOUR Bank ensures the safety and secured high interest rate up to 7.75%, while home loans can be up to 95% of total property’s value with low interest rate from only 0.64% per month and loans up to 25 years.In addition, SBI LY HOUR Bank is launching a mobile banking application for everyone to simply download and create their accounts in a minute. To download, click here one link.to/sbilhmobileapp

For more information about this grand opening or to find out more about SBI Ly hour Bank, please visit https://www.sbilhbank.com.kh/ and follow the official Facebook page at www.facebook.com/sbilhbank.com.kh/.

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Tel: (+855)23 980 888