The Rural Development Bank was established by the Royal Government of Cambodia through sub-decree No.1, dated January 21, 1998, which named as the Rural Development Bank and mandated as a specialized bank in agriculture. In 2004, the Royal Government of Cambodia amended the roles and structures of ARDB through sub-decree No. 199, dated June 11, 2014. Henceforth, the Rural Development Bank has changed the status from a specialized bank to a commercial bank, known as the Agricultural And Rural Development Bank, in accordance with sub-decree No.124, dated August 27, 2019.
ARDB is a public enterprise functioning in the form of state-owned commercial bank and is fully independent in leading and governing the bank’s activities.