BRED Bank announces Sokrat Dental partnership
BRED Bank Cambodia has signed a memorandum of understanding (MoU) with Sokrat Dental Clinic, one of Phnom Penh’s leading dental health providers.
Under the agreement, the Street 390-based clinic will offer BRED Bank’s ADVANCE personal finance solution to help patients to pay for their dental treatment.
“With over 20 years’ experience, Sokrat Dental Clinic has become one of the capital’s leading providers of high-quality dental care,” said Moly Cheng, Senior Manager, Consumer Lending and Partnership at BRED Bank Cambodia. “Adding our ADVANCE credit option gives patients the flexibility to progress with confidence, getting the treatment they need now while paying for it in manageable monthly instalments.”
Recently launched, ADVANCE has been snapped up by a wide range of merchants in the Kingdom from high-tech retailers to health providers and much more. The product is designed to be a quick and convenient source of personal credit and, in Sokrat Dental Clinic’s case, will allow people to borrow up to USD 10,000 and repay over flexible terms up to three years.
“We are delighted to be able to offer our patients access to ADVANCE from BRED Bank Cambodia,” said Dr. Som Chamroeunvireak, founder of Sokrat Dental Clinic. “With a straightforward application process and a swift credit decision, patients can quickly apply for the finance they need to complete their treatment and then repay at their convenience in affordable monthly amounts. For some, this can make the difference between postponing or going ahead with treatment that they urgently need!”
As part of the partnership, BRED Bank customers and staff will also enjoy a free dental check-up and scale.