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MBCambodia signed an MOU with Urbanland offering Home Loan with Interest Rate at only 4.90% Per Annum

Feb 18, 2025

On 18th February 2025, MBCambodia and Urbanland signed a memorandum of understanding (MOU) to offer Home Loan with a very special interest rate at only 4.90% per annum to customers of Borey Chankiri (the first project) and Chankiri Shophouse.

 

Mr. Him Phirom, Chief Retail Banking Officer of MBCambodia, stated during the MOU signing session that “This memorandum of understanding between MBCambodia with Borey Chankiri showcases the commitment of MBCambodia with top-tier real estate developer in Cambodia to provide a convenient financial solution to customers who are looking to purchase a new house. The customers of Borey Chankiri will be able to access for Home Loan with a very special interest rate at only 4.90% per annum for the 1st and 2nd year with grace period on principal up to 2 years.”

 

Ms. Kem Sithen remarked, “With a shared​ vision to meet customer satisfaction and the evolving needs of homebuyers, Borey Chankiri and MBCambodia are committed to provide enhanced home purchase options, expert consultations, and seamless services—ensuring a smooth and rewarding process that helps customers achieve their dream of owning a quality home at Borey Chankiri and Chankiri Shophouse.”  

 

MB (Cambodia) Bank Plc, known as MBCambodia, is a subsidiary of MB Bank, the leading commercial bank in Vietnam, that was granted a fully functional commercial bank license from the National Bank of Cambodia in early January 2023 after operating as a branch of MB Bank since 2011 in Cambodia.

 

Urbanland is a Cambodian company creating inspirational spaces for people to live, work and play in, with absolute attention to quality, durability and craftsmanship. Founded in 2013 by architect Hok Kang, Urbanland believes that putting people at the heart of everything they do enriches people’s quality of life and creates a healthy environment. Borey Chankiri is the residential borey development by Urbanland. After 2 years of extensive research to gain deep insights into the hopes and dreams of Cambodian homeowners, Borey Chankiri set out to create a community that enables Phnom Penh's most aspirational residents to live and thrive in. Located on National Road 2, just 10 minutes from Aeon Mall Mean Chey, and 15 minutes from Techo International Airport, Borey Chankiri is also adjacent to K Mall Prek Thnaot, a vibrant hub of commercial activities with the first phase to be operated in mid-2025. Chankiri Shophouse is another exciting project by Urbanland, located in ISI PARK along the Veng Sreng Blvd, just 5 minutes from K Mall Veng Sreng, ISI TOWER and the AIA Stadium, offering convenient living and commercial opportunities.