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NBC: Prince Bank faces liquidation
Bangkok Post
|January 09, 2026
A Cambodian bank founded by accused scam boss Chen Zhi, who has been indicted by the United States over alleged multibillion-dollar fraud and extradited to China, has been ordered liquidated, Cambodia's central bank said yesterday.
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Prince Bank “has been placed under liquidation in accordance with the law’ the National Bank of Cambodia (NBC) said in a statement.
The bank has been suspended from providing new services, including accepting deposits and extending credit, it added.
The NBC said it had appointed auditing firm Morisonkak MKA as the liquidator.
Prince Bank is a subsidiary of Prince Holding Group, one of Cambodia's largest conglomerates, which US authorities have described as a front for “one of Asia's largest transnational criminal organisations”.
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