The United States and the United Kingdom jointly announced on October 14, 2025, that sanctions would be imposed on the Prince Holding Group of Cambodia and its affiliated entities and individuals. The scope of the sanctions covers multiple businesses under its umbrella, deeply involving sectors such as finance, technology, gambling, and real estate. Once the sanctions were announced, Prince Bank, a financial institution under the group, was immediately affected.
Prince Bank Plc., also known as Prince Bank / Prince Finance PLC, was established in 2015 and is a commercial bank laid out by the Prince Group in Cambodia. According to the U.S. Treasury Department, Prince Bank is listed in the sanctions list as a financial entity related to the "Prince Group Transnational Criminal Organization" controlled by Chen Zhi.
The group forms an intertwined network through multiple business lines such as banking, consumer finance, real estate, entertainment, and technology. Prince Bank has a certain network of branches and customer base locally, and also undertakes the settlement, credit, and capital flow functions within and outside the group.
Shortly after the sanctions were announced, on the afternoon of October 15, the Prince Bank APP experienced a brief service interruption. Some users reported that key functions such as transfers, withdrawals, and fund scheduling were unavailable. The bank urgently responded that this was due to a fault occurring with a third-party technical service provider, and the system has now returned to normal.
Subsequently, Prince Bank continuously issued announcements from October 15 to 16 stating: the overall bank operations are running normally, customer assets are secure, but cross-border settlements or foreign currency payments may be delayed due to compliance reviews.
Although the Cambodian government expressed hope that the US and UK would provide sufficient evidence and stated that it would cooperate with the investigation according to law, it also emphasized that the Prince Group has not been convicted in Cambodia.
This article cites Telegram：PASA Gambling Depth
