Canadia or Aba or ?
Re: Canadia or Aba or ?
Pretty sure ABA is now majority owned by The National Bank of Canada (or something like that).
I've banked with Acleda, Canadia and ABA... As I've said in many previous posts, ABA shits all over the other 2 and that's why I've stayed with them.
I've banked with Acleda, Canadia and ABA... As I've said in many previous posts, ABA shits all over the other 2 and that's why I've stayed with them.
- armchairlawyer
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Re: Canadia or Aba or ?
Acleda and ABA are the only Cambodian banks with credit ratings from Standard and Poor's. Acleda has B (stable outlook), ABA got a B (negative outlook). ABA also got a B+ from Dagong. Canadia is not rated. It is regarded as solid, however. Of course B is not very high by international standards.Kammekor wrote: ↑Sun Mar 18, 2018 5:02 pmIf it's about safety, I'd use ACLEDA. At least it's partly owned by foreign Western banks. And it has by far the largest network in the Kingdom.armchairlawyer wrote: ↑Sun Mar 18, 2018 4:57 pm I have had accounts with both for many years. For me, Canadia has offered the better experience but not by a large distance. Also, I would trust Canadia more in an economic crisis, ABA don't have such deep roots in Cambodia. The bigger MDIs are worth considering when they offer better rates on fixed deposits but they would be riskier than Canadia.
Most of the MDIs have substantial foreign ownership and some foreign management, look at Hatha and Sathapana.
- cautious colin
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Re: Canadia or Aba or ?
Yes, 90% owned by the national bank of Canada.
I would choose ABA out of all the options within Cambodia. Currently bank with ANZ royal but wouldn't recommend and will move soon
ANZ were trying to sell me a credit card a couple of days ago. Was looking promising until I enquired about the cost, $100 annual fee & balance limited to what I have in my account. Still trying to work out the point of it
- Heng Heng Heng
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Re: Canadia or Aba or ?
I've been with ABA for many years. Lots of ATMs, no problems booking hotels, flights, Aliexpress, etc with ABA Visa debit card.
This is the voice of the Mysterons. We know that you can hear us Earthmen.
- armchairlawyer
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Re: Canadia or Aba or ?
National Bank of Canada has an A-1 rating from Standard and Poor's, which is several grades up from ABA's B rating. Which goes to show that NBC is able to walk away if its subsidiary got into trouble.
Re: Canadia or Aba or ?
From my experience transfering from Australia, Canada bank has $10 intermediary bank fee but ABA has $25
I'm standing up, so I must be straight.
What's a poor man do when the blues keep following him around.(Smoking Dynamite)
What's a poor man do when the blues keep following him around.(Smoking Dynamite)
Re: Canadia or Aba or ?
Nobody could tell me who the intermediary bank was and how I could choose which one so I just continued using Canadia. I used world first to transfer the money from Australia to Cambodia
I'm standing up, so I must be straight.
What's a poor man do when the blues keep following him around.(Smoking Dynamite)
What's a poor man do when the blues keep following him around.(Smoking Dynamite)
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Re: Canadia or Aba or ?
Canadia is everywhere ABA isn't
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