In an exciting new development for Cambodian homebuyers, PPCBank has inked a memorandum of understanding (MoU) with Borey Vimean Phnom Penh, a leading residential development company, to provide highly flexible and accessible home financing options. 

The partnership, signed on February 12, 2025, at the Borey Vimean Phnom Penh residential site,​under the presidency of Lok Neak Oknha Ly Hour, Chairman of Board of Director of Ly Hour Group, Neak Oknha Ly Sopheap, Oknha Ly Sopheary, shareholder representative of Borey Vimean Phnom Penh, Mr. Tsai Ching Cheng, shareholder representative of Borey Vimean Phnom Penh, Mr. Long Sothea, CEO of Borey Vimean Phnom Penh, Mr. Lee Jin Young, President of PPCBank, Mr. Nhak Kimsroy, Senior Vice President of PPCBank, and many other distinguished guests, aims to bring new opportunities for homeownership to the people of Cambodia by offering tailored home loan solutions for those purchasing properties in the exciting Borey Vimean development.

The unique offering for homebuyers includes financing of up to 80% of the property value, with loan repayment terms up to 30 years. What’s more, PPCBank will cover the property title transfer fee for customers in projects 12 and 15. 

This makes it easier than ever for customers to become homeowners, whether individuals and families who are looking to buy their first home or those who are looking to upgrade to a new property. 

The favourable terms are designed to make the dream of owning a home achievable for a wider range of customers.

The partnership between PPCBank and Borey Vimean Phnom Penh is set to provide homebuyers with an unprecedented level of flexibility in their financing options, offering fast, easy and streamlined loan approvals. Customers can expect a simplified process, where they will receive dedicated support throughout the entire home-buying journey.

Mr. Lee Jin Young, President of PPCBank, expressed his excitement about the new partnership.

“At PPCBank, we believe that homeownership is a crucial milestone for individuals and families, and we are deeply committed to supporting our customers through every step of that journey,” he said.

“By offering flexible loan options, we are making it easier for Cambodians to own their homes and secure a future for their families. Our collaboration with Borey Vimean Phnom Penh is an exciting opportunity to make this dream a reality for many people.”

Tailored loan packages will allow the customers of Borey Vimean Phnom Penh to access financing quickly and easily, with a focus on removing many of the common barriers faced by first-time buyers. 

With a combination of low-interest rates, long repayment periods and an uncomplicated application process, PPCBank and Borey Vimean Phnom Penh are working to eliminate the financial hurdles that often prevent potential homeowners from entering the market.

Borey Vimean Phnom Penh also shared their enthusiasm about the collaboration, highlighting how this new partnership will benefit homebuyers.

“Our partnership with PPCBank provides an exceptional opportunity for Cambodians to fulfil their dreams of owning a home. Not only are we offering modern, high-quality properties, but with this partnership, we are also ensuring that our customers can secure financing that fits their needs, quickly and efficiently. This collaboration is all about empowering people to take control of their future by offering them the tools they need to become homeowners,” said Lok Neak Oknha Ly Hour, Chairman of Board of Director of Ly Hour Group.  

Both companies recognise the importance of making homeownership more accessible to the people of Cambodia, especially as many first-time buyers face significant challenges when trying to secure financing for their homes. 

Through this strategic partnership, PPCBank and Borey Vimean Phnom Penh aim to bridge the Kingdom’s homeownership gap, offering solutions that help more people become homeowners, enjoy long-term financial security, and achieve a sense of fulfilment.

In addition to providing flexible home loan options, both organisations are focused on helping customers throughout the entire process, from loan application to property acquisition. 

The collaboration aims to not only provide financial support but also expert guidance and peace of mind for homebuyers as they navigate the complex journey to homeownership.

This new initiative is part of PPCBank’s ongoing commitment to innovation and customer-centric services. The bank strives to offer products and services that meet the evolving needs of the Cambodian market. 

For Borey Vimean Phnom Penh, the partnership is a step toward fulfilling its mission of building strong communities and ensuring that every Cambodian has access to safe, comfortable and affordable housing.

For more information, please visit any sales office of Borey Vimean Phnom Penh or contact by phone at 093 509 299 / 089 786 883.

For more details about applying for a home loan through PPCBank, customers can visit any PPCBank branch or reach out to the bank at 096 3 909 909 / 023 909 909.