About UCB Profile

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Profile

Union Commercial Bank PLC is a full-service, customer-oriented commercial bank in Cambodia. As a full-service bank, UCB provides a comprehensive range of banking products and services tailored for individuals and businesses in Cambodia, as well as competitive financial solutions underpinned by global experience and keen insight into the Cambodian market. Together with its local expertise, UCB's professional strength lies in its commitment to its clients, which is borne out by its high level of personalized customer service and its focus on strong business partnerships.

History

The history and growth of Union Commercial Bank is intertwined with the Kingdom of Cambodia's own path to economic recovery and prosperity. In May of 1993, following years of war and civil conflict, Cambodia held general elections sponsored by the United Nations. Shortly afterwards, following the enactment of the Investment Law for Banking, Oknha Yum Sui Sang and several of his friends traveled to Phnom Penh on a fact-finding business mission.

Oknha Yum, a long-standing businessman and visionary, saw that only by establishing a commercial bank in Cambodia could he hope to promote trade and economic activity that would lead the country to regain its financial footing. Thus, Union Commercial Bank PLC was founded on March 31, 1994, under the Laws of the Kingdom of Cambodia and backed by the approval of the National Bank of Cambodia.

As of the 31st of December, 2009 UCB’s net worth stood at USD 26 million, with USD 147 million in total assets. Today UCB serves more than 1,600 business and personal banking customers.

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