Chief Bank launches ‘Easy’ micro loan app
Chief Commercial Bank (Cambodia) Plc last Monday at its Chbar Ampov branch in the capital announced the launch of the Chief Bank micro loan app – “Chief Easy” – which will ease the loan application process. Chief Bank CEO Soeung Morarith said that with the launch of the new app, micro loan applications via a smartphone can be processed in just 15 minutes. Borrowers can apply for loans ranging from $100 to a maximum of $1,000 using the digital platform. The launch of the Chief Easy app widens the financial institution’s e-banking and comes in addition to Chief Bank joining the National Bank of Cambodia’s Bakong mobile payment system and the Wing financial ecoystem. PHOTOS SUPPLIED