Bridge Bank and WorldBridge Sport Village sign memorandum of understanding for home loan

Bridge Bank yesterday announced the launch of official cooperation with WB Sport Village Co. Ltd to offer a special package of housing loans in the WorldBridge Sport Village project, including houses and condominiums to buyers.

After signing the MoU at WorldBridge Sport Village with Dr Simon Vancliff, Managing Director of WB Sport Village and Richard Liew, Managing Director of Bridge Bank, said the cooperation would allow customers to own the home or condominium of their dreams at WorldBridge Project Sport Village up to 90% loan size, up to 25 years tenure, competitive interest rate and fast approval.

Vancliff said, “We are honored to be cooperating with Bridge Bank to provide convenient residential loans to further facilitate our customers’ financial needs to own residential units within WBSV.”

Located along National Road No. 6, WorldBridge Sport Village is close to Morodok Techo National Sports Complex, which will host all major events of the 32nd Sea Games in 2023. It was originally developed to accommodate all athletes, coaches and participants involved in the Southeast Asian Games 2023 and the ASEAN Paralympic Games 2023 (SEA Games 2023).

Bridge Bank Chief Executive Richard Liew (fifth from left) with officials after the MoU signing ceremony in Phnom Penh yesterday. Wire KT/Soveith

Liew said, “We are delighted to sign our first-ever Memorandum of Understanding with WorldBridge Sport Village, and we are optimistic about the successful growth of investments for both parties as well as our customers.”

The mixed-use property development consists of 12 condominium blocks equivalent to 1,319 rooms as well as business apartments, twin villas, shopping malls, sports museums, a store, a town, a townhouse, a semi-detached villa, shopping centers, a sports museum and a large parking lot. , etc.

WB Sport Village is a member of the WorldBridge group, a developer with a strong track record in the Cambodian real estate sector for over 30 years. It is led by Neak Oknha Sear Rithy, Founder and Chairman of WorldBridge Group.

Earlier this year, Bridge Bank successfully obtained a commercial banking license from the National Bank of Cambodia.

Bridge Bank, one of the WorldBridge Group companies, commenced operations in 2014. It was known as Oxley-WorldBridge Specialized Bank before changing its name to Bridge Specialized Bank in 2021. Bridge Bank aims to offer various banking products and solutions to its customers. including personal banking, business banking, prime banking and digital banking in the near future, according to a press release.

Located in the business area, WorldBridge Sport Village has effectively studied the modern residential style with 12 condominium blocks. A block of condominium studios corresponds to 163 rooms spread over 13 floors. Additionally, WorldBridge Group, which has extensive experience in constructing modern high-rise buildings and luxury homes in the Kingdom, said it is committed to imparting new experiences and confidence in life. client.

Interestingly, it is the acceleration of the construction that emphasizes the quality of the assembly. Convenient payment terms for customers are also part of the success of the WorldBridge Sport Village project, the statement said.

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