---
id: 12939
title: "Wing Bank (Cambodia) Plc: Outstanding Leadership in Driving Cashless Economy & Best Social Impact Bank Cambodia 2024"
award_year: 2025
published: 2025-04-22 11:50:56
published_gmt: 2025-04-22 10:50:56
author: "CFI.co Editorial"
url: "https://cfi.co/awards/banking/2025/wing-bank-cambodia-plc-outstanding-leadership-in-driving-cashless-economy-best-social-impact-bank-cambodia-2024/"
categories: ["Asia Pacific", "Banking", "Best Practice", "CSR", "Community Engagement", "Corporate Leadership"]
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: 20250522220304
wayback_snapshot_url: "http://web.archive.org/web/20250522220304/https://cfi.co/awards/banking/2025/wing-bank-cambodia-plc-outstanding-leadership-in-driving-cashless-economy-best-social-impact-bank-cambodia-2024/"
license: CFI-OAAL-1.0
content_sha256: 82e059dfa64735f56db4aa02724c8d69468c3bae037dde59ef11d22c87e1e0ca
canonical: 12939-wing-bank-cambodia-plc-outstanding-leadership-in-driving-cashless-economy-best-s.json
---
# Wing Bank (Cambodia) Plc: Outstanding Leadership in Driving Cashless Economy & Best Social Impact Bank Cambodia 2024
> Verbatim archived copy. Canonical machine record: `12939-wing-bank-cambodia-plc-outstanding-leadership-in-driving-cashless-economy-best-s.json`.
Wing Bank (Cambodia) Plc is transforming Cambodia’s financial landscape, championing the move to a cashless economy while delivering measurable social impact. The bank processes over $50bn annually, surpassing the nation’s GDP of $24bn, with year-on-year growth of 12 percent. It facilitates 38 million transactions monthly through its digital platform, growing at 31 percent per year, demonstrating its role in accelerating financial inclusion. Wing Bank collaborates with the Cambodian government to distribute critical social funds to over 2.5 million households, supporting vulnerable groups such as pregnant women and individuals impacted by inflation and the after-effects of COVID-19. These funds, disbursed through Wing’s network of 11,000 agents, reach even remote areas. Notably, 80 percent of the agents are women, many of whom are housewives generating income to support their families. The bank drives economic empowerment through its e-commerce platform, connecting SMEs to markets and providing collateral-free microloans, ensuring operational growth and resilience. This approach supports local entrepreneurs and contributes to reducing poverty in Cambodia. By streamlining financial transactions and empowering small businesses, Wing Bank modernises Cambodia’s economy. Its contributions extend beyond finance, strengthening communities, reducing inequality, and supporting sustainable development. Through its leadership and ongoing commitment to innovation, Wing Bank continues to set benchmarks in cashless payments and financial accessibility. The CFI.co Judging Panel congratulates Wing Bank on winning the 2024 award for Outstanding Leadership in Driving Cashless Economy & Best Social Impact Bank (Cambodia).