Press Release

Cambodian Leading Digital Banking Provider Extends Its Services with Oracle

Wing Bank to Use Oracle Banking Portfolio to Support New Commercial Offerings for Loans and Deposits

Phnom Penh, CambodiaOctober 15, 2021

Wing Bank (Cambodia) Plc, one of the leading digital banking service providers based in Cambodia, has tapped into the Oracle Banking portfolio of financial services applications to support its transition into a fully licensed, digital-first commercial bank. The move will enable Wing Bank to expand its service offerings, including commercial, retail, consumer, and loans and deposits.

“Wing Bank has always aimed to drive the digital banking revolution and improve financial inclusion in Cambodia,” said Chief Executive Officer Han Peng Kwang. “The addition of the Oracle Banking portfolio allows us to bring our world-class banking services to more customers, leading to even greater benefits for the communities we serve.”

Wing Bank currently offers an array of advanced financial products both for individual and corporate customers. That includes money transfers, bill payments, payroll disbursement, and supply chain payments – inclusive services that have made Wing Bank one of Cambodia’s most reputable digital banking providers.

Since its official launch of commercial banking license, Wing Bank has focused on establishing a full suite of banking capabilities for its customers. With the Oracle Banking portfolio of applications, Wing Bank can now develop further innovative new products and services faster, and with greater effectiveness than ever before.

Creating More Inclusive Banking for Cambodian Citizens

Over the past 13 years since its inception, Wing Bank has been a leading force in promoting financial inclusion for the underbanked, establishing partnerships with more than 55,000 merchants and industry leaders to ensure Cambodians can access the financial services they need.

Using Oracle FLEXCUBE Universal Banking, Oracle Banking Payments, and Oracle Banking Corporate Lending, Wing Bank can support real-time payment settlement and virtually seamless loan processing for retail and corporate customers.

The platform can help Wing Bank automate labor-intensive processes, and adapt and scale its digital services as industry standards and customer needs evolve, and respond quickly to regulatory changes. In addition, Wing Bank has selected and plans to implement the Oracle Banking Enterprise Limits and Collateral Management, and Oracle Banking Trade Finance solutions.

“We have enabled many new age, digital-first banks around the world to deliver customer-centric services using Oracle’s advanced capabilities,” said Venky Srinivasan, group vice president of sales for Asia Pacific, Japan, the Middle East, and Africa, Oracle Financial Services. “Wing Bank serves the Cambodian population through its mobile app and is committed to financial inclusion. With Oracle, Wing Bank can jumpstart its digital-first services as they expand their banking operations, while keeping customer engagement at the heart of its business.”

Oracle Banking is a portfolio of financial services applications that enable banks to offer a complete set of digital banking services to clients. The portfolio includes the digital core and applications for retail and corporate banking, real-time payments, and digital experience. Built on a micro services architecture with 3000-plus open banking APIs, the products make it easy for Wing Bank to “plug in” additional Oracle and third-party services when they need them. It also provides a scalable, cloud-native environment for growth.

To learn more about how Oracle helps banks undergo paradigm-shifting digital transformations, click here.

Contact Info

About Wing Bank

Wing Bank (Cambodia) Plc, the bank for every Cambodian, is committed to providing financial inclusion to the unbanked and under-banked allowing every Cambodian access to services including local money transfers, bill payments and phone top-ups, online shopping and QR payment, as well as instant international money transfer from more than 200 countries and territories. For more information, please visit

About Oracle Financial Services

Oracle Financial Services provides solutions for retail banking, corporate banking, payments, asset management, life insurance, annuities, and healthcare payers. With our comprehensive set of integrated digital and data platforms, banks and insurers are empowered to deliver next-generation financial services. We enable customer-centric transformation, support collaborative innovation, and drive efficiency. Our data and analytical platforms help financial institutions drive customer insight, integrate risk and finance, fight financial crime, and comply with regulations. To learn more, visit our website at

About Oracle

Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at


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