Phnom Penh (FN), Mar. 7 – On 3 March 2023,  Vattanac Bank and Karanak KOI Café Pte Ltd signed a Memorandum of Understanding (MoU) for strategic and digital collaboration that brings together Vattanac Bank’s expertise in finance and customer-centric service with KOI Thé’s exceptional quality and ability to satisfy customers. The signing ceremony was held in the world’s biggest KOI Thé flagship outlet, which is near Kampuchea Krom Blvd.

As part of this collaboration, Vattanac Bank’s dynamic KHQR was introduced into KOI Thé’s payment system, marking another milestone in their journey of innovation and customer satisfaction. KOI Thé customers are now able to pay the exact amount for their orders by scanning Vattanac Bank’s dynamic KHQR. This feature provides a new level of convenience to all customers at 37 KOI Thé outlets in Cambodia. For KOI membership card users, they are also able to top up their balance using the Vattanac Bank app.

Anthony Chin, chief executive officer of Vattanac Bank and Oknha Khorn Chhundara, chief executive officer of KOI Thé, expressed their shared vision and excitement in delivering exceptional experience and value to their customers. In a statement delivered during the MoU signing ceremony, Chin stated, “We are excited to collaborate with KOI Thé, a company that shares our passion for innovation and customer satisfaction. With our expertise in banking, payments and understanding consumer trends, combined with the popularity of KOI Thé, we believe that this partnership will help us bring new and exciting experiences to our community”.

Both CEOs and their teams will be working closely to drive further innovation and convenience that will benefit the customers of Vattanac Bank and KOI Thé. By leveraging their expertise in their respective fields, the two companies aim to create superior customer experience and expand their market share in Cambodia.

This collaboration comes at an exciting time, as the demand for innovative products and services in Cambodia is growing. Both Vattanac Bank and KOI Thé understand the importance of staying ahead of the market with new integration and improvements to meet the ever-changing customer needs. This collaboration is a testament to their shared commitment to drive innovation and deliver value to their customers in the long-term.