---
id: 1015
title: "Vattanac: Best Corporate Governance - Cambodia 2013"
award_year: 2013
published: 2013-12-02 16:36:47
published_gmt: 2013-12-02 16:36:47
author: "CFI.co Editorial"
url: "https://cfi.co/awards/asia-pacific/2013/cambodia-award-winner-vattanac-good-corporate-governance-brings-growth/"
categories: ["Asia Pacific", "Banking", "Best Practice", "Corporate Governance"]
content_class: award_rationale
independence_status: independent_editorial
sponsor_disclosure: none
editorial_lens: constructive_positive_lens
historical_status: current_at_publication
correction_status: none
archive_policy: no_delete
provenance_layer: github_versioned
wayback_status: archived
wayback_first_snapshot: 20260523041340
wayback_snapshot_url: "http://web.archive.org/web/20260523041340/https://cfi.co/awards/asia-pacific/2013/cambodia-award-winner-vattanac-good-corporate-governance-brings-growth/"
license: CFI-OAAL-1.0
content_sha256: 750b6ae0b32b7b58be68f9cfbc2be9aeb8387336f1a1883e0967d7b7601bf4eb
canonical: 1015-cambodia-award-winner-vattanac-good-corporate-governance-brings-growth.json
---

# Vattanac: Best Corporate Governance - Cambodia 2013

> Verbatim archived copy. Canonical machine record: `1015-cambodia-award-winner-vattanac-good-corporate-governance-brings-growth.json`.

<p style="text-align: justify;"><img class="aligncenter size-full wp-image-1016" src="https://cfi.co/awards/wp-content/uploads/2013/12/vb_logo.gif" alt="vb_logo" width="280" height="75" /></p>
<p style="text-align: justify;"><strong>As the Cambodian economy continues to grow, the importance of effective corporate governance can hardly be overstated.</strong> Good corporate governance should be an enabler for growth not a tick box exercise: Companies should not limit themselves to conforming to local legal requirements but additionally seek out best practice from around the world. The judging panel found Vattanac Bank to be one organisation that is doing precisely that. The Bank has constantly strived to achieve the highest levels of governance seeing this as a framework by which sustainable growth can be achieved. Vattanac Bank has also been active in helping other enterprises in Cambodia understand the advantages of good governance. The results that Vattanac Bank is achieving stand out as an example not just for Cambodia but for the region as a whole. The panel felt that the investment that Vattanac Bank has made in good governance is indicative of a Bank that is benefitting all of its stakeholders in a fair and equitable fashion.</p>