I am pleased to announce that Tomato Specialized Bank (TSB) has a
number of remarkable achievements to its name in 2016 thanks to the support of
its valued customers and capable staff. Since its inception in 2008, TSB
experienced a series of poor performances. In 2015, for instance, TSB’s net
profit amounted to $78,110 and it had a high non-performing loan (NPL) ratio of
14.3%. However, things have taken a turn for the better for TSB with the
introduction of advanced bank operation practices with active loan
disbursements. TSB experienced a phenomenal spike in growth in business
performance, recording a net profit of $627,033 and a NPL ratio of 1.6%.
Additionally, TSB’s assets grew 8.98%, from $8.8 M to $9.6 M within a year,
partially owing to a new special micro-loan with a 1% monthly interest rate.
Its return on assets (ROA) has increased towards a healthy 6.8%, clearly
outperforming most banks in the Kingdom.However, with our keen efforts to improve performance, numerous foreign
financial institutions have approached us for acquisition or equity
participations in 2016. I believe TSB will continue to contribute to the
development of Cambodian society by providing competitive loans with strong
financial fundamentals. In conclusion, we are pushing forward and now all eyes
are on 2017 and we are excited to see how things go with regard to growth
figures.Doo Yoon Kim,
President/CEO Tomato Specialized Bank
Products and Services
Soft title deeds are accepted depend on the collateral's location. The Tomato Specialized Bank will convert it to hard title deeds after loan is disbursed.
The bank provides up to 10 years loan terms. The repayment method is depend on the discussion among customers and bank.
The minimum loan amount is US$ 5,000. This option is easy for personal consumptions and micro businesses.
Trip To Singapore
24 Jun, 2016
Tomato Specialized Bank had to visit Singapore city on 22 Feb, 2015. ... [ More ]
The 3rd Bank Anniversary
11 Aug, 2011
Tomato Specialized Bank had celebrated its 3rd
Anniversary from 29th to 31st July 2011 at eco-tourism of
Mondulkiri Province in Cambodia. After arriving, the management and staff
conference was started on July 30, 2011. The conference was summarizing the
past performance and planning for coming year. The occasion was a good opportunity
between management and staffs to come together sharing and relaxing.
... [ More ]