Wing Bank and Koh Kong Zhejiang SEZ Partner to Promote Industrial Growth and Financial Inclusion

On November 5, 2026, Wing Bank (Cambodia) Plc. and Koh Kong Zhejiang Special Economic Zone Co., Ltd. signed a Memorandum of Understanding (MoU) to expand banking and financial services to the special economic zone operator, investors, factory owners, business operators, and employees and workers.

Cooperation between the two institutions began before the signing of this MoU. In September 2025, Wing Bank invested in corporate bonds issued by Koh Kong Zhejiang Special Economic Zone. The bank has also provided corporate banking and payroll services across the operator’s two special economic zones, with more than 1,000 employees of various factory owners already using Wing Bank’s payroll services.

Under the new MoU, factory owners will have access to a wider range of Wing Bank financial solutions for cash management, collection of site rental fees, management services, digital utility bill payments, and cashless payments through Wing KHQR. In addition, eligible businesses may apply for trade finance and working capital, subject to Wing Bank’s assessment and credit approval. Wing Bank also has a dedicated customer relationship team to provide direct services to the special economic zone and all factory owners.

The partnership will also provide employees with payroll accounts, savings products and payment services, as well as financial literacy programs. For workers, payday will serve as a positive first step toward using everyday banking services, offering convenience from receiving their salary and saving to paying various daily living expenses.

Wing Bank currently serves a large number of businesses and employees in various special economic zones through payroll and corporate banking services. Its presence also includes a Wing Bank branch located in the Royal Group Phnom Penh Special Economic Zone.