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Head office
61, Preah Monivong Blvd., Sangkat Srah Chork, Khan Daun Penh, Phnom Penh, Cambodia
Created on August 20, 2023
Updated on September 23, 2024

ACLEDA Bank Plc.

ACLEDA

Net Asset
$ 9.74 B
Since
1993
Swift Code
ACLBKHPP
Origin
Cambodia

ACLEDA Bank Plc. is a public limited company, formed under the Banking and Financial Institutions Law of the Kingdom of Cambodia. Originally, it was founded in January 1993, as a national NGO for micro and small enterprises’ development and credit.

ACLEDA Bank Limited was licensed by the National Bank of Cambodia as a Specialised Bank on October 07, 2000. On December 01, 2003, ACLEDA Bank, once again, was licensed by the National Bank of Cambodia as a Commercial Bank to enable it to provide full banking services according to the needs of the customers and the market and it was renamed ACLEDA Bank Plc.

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The ACLEDA Bank 2023 annual report emphasizes growth in assets, deposits, and loans, reflecting the bank’s strong financial position despite global challenges. Total assets reached $9.7 billion, deposits rose by 13.1%, and total loans outstanding were $6.6 billion. The report highlights digital transformation, including the ACLEDA Mobile app, which contributed to over 97% of transactions. ACLEDA also expanded its services regionally with cross-border payments and continued partnerships to enhance its services. Despite a decrease in profit, the bank remains focused on long-term growth and innovation

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In the news...

ACLEDA to raise $100M for SME loans via Thai bonds

Source: Phnom Penh Post