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ACLEDA Bank

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1000: 283: 986: 352:. This would not only provide a secure regulatory framework lacking under its previous status but would also enable it to enlarge its range of funding options (e.g., equity injection, taking public deposits, obtaining commercial interbank loans) to support the expansion of its core micro-finance business. With assistance from 243:. ACLEDA started out in 1993 when it began providing micro credits to war victims. By now it is Cambodia's major commercial bank. ACLEDA had more than $ 5,244 million in total assets as of December 31, 2017, and more than $ 3,117 million in deposits, with over $ 3,085 million in loans outstanding. According to the 348:
acknowledged in ACLEDA's 'Roll of Honour'. Two factors, namely the expansion of its network to cover all of Cambodia's provinces and towns and its ability to operate at a profit to ensure its sustainability, led both its board and international partners to conclude that it should be transformed into a
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as godparents, ACLEDA was established in January 1993, as a national NGO for micro and small enterprise development and credit by a group of founders listed below. From its earliest days, it enjoyed the support of a number of major international development agencies whose contributions are gratefully
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ASA is a holding company through which the employees of ACLEDA and certain other investors can participate in the long-term growth and value appreciation of ACLEDA. ASA holds as its principal asset 98,806,034 shares of ACLEDA, which represents 25% of the bank's issued shares. On March 1, 2010, the
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Under the process, the original NGO has transferred its assets and on-lent its liabilities (long-term loans from donors) to the new ACLEDA Bank. In return, it has received 44.91% of the bank's capital of US$ 4 million; the ACLEDA Staff Association (ASA), a trust established to give its staff an
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ACLEDA Securities Plc. is a brokerage firm registered, as a public limited corporation, under the law of the Kingdom of Cambodia, authorized by the National Bank of Cambodia and licensed by the Securities and Exchange Commission of Cambodia (SECC) to provide services as a securities' brokerage
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Since December 1, 2003, ACLEDA Bank was licensed as a commercial bank after having tripled its capital to US$ 13 million and was named ACLEDA Bank Plc. On November 30, 2006, ACLEDA Bank raised its issued and paid-up capital from US$ 13 million to US$ 30 million. On January 4, 2008, ACLEDA Bank
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On January 23, 2009, the capital of ACLEDA Bank Plc. was increased from US$ 50 million to US$ 60 million and further increased on June 12, 2009, to US$ 68.15 million. On June 3, 2011, the bank increased its capital to US$ 78 million and further increased to US$ 88 million on February 6, 2012.
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in early 2012, the bank applied for a micro-finance license in Myanmar in June of that year with the plan of providing deposit accounts and money transfers via micro-finance services. The Burmese subsidiary was opened in 2013, which manages 7 offices in the
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During the IPO of PPWSA in March 2012, Cambodia's first IPO on the Cambodian Stock Exchange (CSX), ACLEDA Securities provided market access to investors wishing to participate in the stock exchange through 21 of the bank's branches around Cambodia.
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On May 25, 2012, ACLEDA Bank had raised its issued and paid-up capital from US$ 88,372,500 to US$ 113,169,560. On June 24, 2015, ACLEDA Bank increased its share capital from US$ 225,535,605 to US$ 265,726,050.
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The bank is headed by president and GMD, In Channy, who is one of the original 28 members of the organization. Channy joined the company in 1992 as a loan officer while the bank was still a UN-funded
398:, becoming the first Cambodian bank to begin operations within the country. As of December 31, 2017, ACLEDA manages 42 branches within Laos. Following the lifting of international sanctions on 356:, MPDF/IFC and UNDP—to name a few—a three-year program for transformation commenced in 1998 which culminated in the granting of a specialized banking license in October 2000. 797: 1283: 247:, ACLEDA Bank is the largest domestic commercial bank in terms of total assets and number of clients, with more than 1.7 million depositors as of December 31, 2017. 1126: 1033: 1268: 900: 368:), DEG (Germany), FMO and Triodos Bank (The Netherlands). It is intended that ACLEDA Bank will seek a listing on a stock exchange at some time in the future. 448:, and the three investment funds (Triodos-Doen Foundation, Triodos Fair Share Fund, and Triodos Microfinance Fund) managed by Triodos Investment Management. 1058: 764: 882: 1273: 1258: 433: 1263: 1073: 1026: 779: 361: 330: 360:
equity interest, has purchased 6.09% and the remaining 49% has been taken up in equal parts by four foreign investors, namely the
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ACLEDA Bank Plc. is 51% owned by Cambodian interests, including its staff, with the remaining 49% taken up in equal parts by
308: 231:) is a public limited company, formed under the Banking and Financial Institutions Law of the Kingdom of Cambodia. Based in 1156: 1019: 1011: 1063: 976: 617:
ACLEDA Bank is the first bank in Cambodia to have been assigned ratings by the top international credit rating agency —
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celebrated its fifteenth anniversary and raised its issued and paid-up capital from US$ 30 million to US$ 50 million.
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Leopard Cambodia Fund, Cambodia's first private equity fund operated by frontier markets private equity firm
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of the company, and also serves as vice-chairman of the International Business Chamber of Cambodia.
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On May 12, 2017, ACLEDA Bank increased its share capital from $ 307,763,911 to $ 358,544,956.
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On June 8, 2016, ACLEDA Bank increased its share capital from $ 265,726,050 to $ 307,763,911.
716: 991: 693: 182: 1197: 1179: 606: 349: 168: 863: 1101: 609:, in partnership with two other foreign investors, acquired a 7.72% stake in ASA, Plc. 218: 955: 1247: 1212: 1146: 918: 408: 1227: 1217: 1121: 1005: 742: 251: 282: 981: 420:
business to individual and institutional customers, investors and the public.
365: 232: 79: 1202: 1164: 938:"Leopard Cambodia Fund LP Completes acquisition of ASA/ACLEDA Shareholding" 1232: 1169: 85: 1174: 399: 240: 103: 1207: 404: 1189: 353: 445: 395: 344: 236: 99: 1015: 150: 276: 203: 194: 235:, with 261 offices covering all provinces, as well as 42 in 883:"Cambodia Embracing Capitalism With First IPO Since Pol Pot" 263:
Association of Cambodian Local Economic Development Agencies
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https://www.acledabank.com.kh/kh/eng/ff_history#founder
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Business institutions, banks, commercial groups, and
191: 185: 267:សមាគមទីភ្នាក់ងារអភិវឌ្ឍន៍សេដ្ឋកិច្ចក្នុងស្រុកកម្ពុជា 206: 200: 1188: 1155: 1087: 1051: 711: 709: 707: 197: 145: 135: 125: 109: 92: 74: 56: 48: 38: 24: 1127:Bank for Investment and Development of Cambodia 451:Its current shareholders as at June 19, 2019. 394:In 2008, ACLEDA Bank expanded its business to 1027: 8: 798:"ACLEDA Bank expands its operations to Laos" 682:. D+C Development and Cooperation/ dandc.eu. 19: 311:. Unsourced material may be challenged and 226: 30: 1034: 1020: 1012: 839:"ACLEDA opens in Myanmar, expands in Laos" 694:"ACLEDA Bank Audited Financial Statements" 18: 331:Learn how and when to remove this message 626: 454: 1284:Cambodian companies established in 1993 670: 436:, COFIBRED (Compagnie Financière de la 763:: CS1 maint: archived copy as title ( 756: 570:Triodos Sustainable Finance Foundation 7: 1269:Privately held companies of Cambodia 837:Becker, Stuart Alan (1 March 2013). 309:adding citations to reliable sources 500:Sumitomo Mitsui Banking Corporation 434:Sumitomo Mitsui Banking Corporation 14: 655:Stand-Alone Credit Profile (SACP) 362:International Finance Corporation 998: 984: 936:CAAI News Media (2 March 2010). 780:"Cambodia's 'Aw, Shucks' Banker" 717:"ACLEDA Bank 2017 Annual Report" 281: 181: 1059:Ministry of Economy and Finance 778:Simon Montlake (27 July 2011). 165:Footnotes / references 115:In Channy (President & GMD) 600:ACLEDA Staff Association (ASA) 1: 1274:Companies based in Phnom Penh 680:"From NGO to commercial Bank" 678:Anja Strautz (January 2013). 261:ACLEDA is an acronym for the 1064:Cambodia Securities Exchange 977:ACLEDA Institute of Business 444:'s fully owned subsidiary), 117:So Phonnary (EVP & GCOO) 881:Joyce Koh (19 March 2012). 228:Thônéakéar Ésilida Phi'ĕlsi 227: 62:; 31 years ago 1300: 1259:Microfinance organizations 1137:Phnom Penh Commercial Bank 254:project. He now serves as 1264:Banks established in 1993 1069:National Bank of Cambodia 542:Triodos Microfinance Fund 464:Subscription Price (US$ ) 266: 245:National Bank of Cambodia 223:ធនាគារ អេស៊ីលីដា ភីអិលស៊ី 222: 163: 119:Ma Amara (EVP & GCFO) 32:ធនាគារ អេស៊ីលីដា ភីអិលស៊ី 31: 1112:Cambodia Commercial Bank 868:acledasecurities.com.kh 556:Triodos Fair Share Fund 390:International expansion 256:chief executive officer 1074:Special Economic Zones 472:ACLEDA Financial Trust 415:ACLEDA Securities PLC. 121:Chhay Soeun (Chairman) 1117:Cambodian Public Bank 960:www.acledabank.com.kh 619:Standard & Poor's 442:BRED Banque Populaire 942:khmernz.blogspot.com 647:Issuer Credit Rating 305:improve this section 1079:Economy of Cambodia 843:The Phnom Penh Post 364:(a division of the 137:Number of employees 21: 1223:Mengly Jandy Quach 1142:Public Bank Berhad 1107:Cambodia Asia Bank 624:December 16, 2020 130:Financial services 1254:Banks of Cambodia 1241: 1240: 1157:Commercial groups 1132:Oriental Bank PLC 923:acledabank.com.kh 864:"Company Profile" 745:on 16 August 2017 721:acledabank.com.kh 698:acledabank.com.kh 662: 661: 597: 596: 343:With the ILO and 341: 340: 333: 174: 173: 60:January 1993 1291: 1279:Cambodian brands 1036: 1029: 1022: 1013: 1008: 1003: 1002: 1001: 994: 992:Companies portal 989: 988: 987: 964: 963: 956:"Credit Ratings" 952: 946: 945: 933: 927: 926: 915: 909: 908: 897: 891: 890: 878: 872: 871: 860: 854: 853: 851: 849: 834: 828: 827: 816: 810: 809: 804:. Archived from 794: 788: 787: 775: 769: 768: 762: 754: 752: 750: 741:. Archived from 731: 725: 724: 713: 702: 701: 690: 684: 683: 675: 627: 528:ORIX Corporation 461:Number of Shares 455: 446:ORIX Corporation 336: 329: 325: 322: 316: 285: 277: 268: 230: 224: 216: 215: 212: 211: 208: 205: 202: 199: 196: 193: 190: 187: 177:ACLEDA Bank Plc. 159: 156: 154: 152: 70: 68: 63: 52:Banking, finance 34: 33: 22: 20:ACLEDA Bank Plc. 16:Bank in Cambodia 1299: 1298: 1294: 1293: 1292: 1290: 1289: 1288: 1244: 1243: 1242: 1237: 1198:Choeung Sopheap 1184: 1180:The Royal Group 1151: 1083: 1047: 1040: 1004: 999: 997: 990: 985: 983: 973: 968: 967: 954: 953: 949: 935: 934: 930: 917: 916: 912: 905:Phnom Penh Post 899: 898: 894: 880: 879: 875: 862: 861: 857: 847: 845: 836: 835: 831: 824:Phnom Penh Post 818: 817: 813: 796: 795: 791: 777: 776: 772: 755: 748: 746: 735:"Archived copy" 733: 732: 728: 715: 714: 705: 692: 691: 687: 677: 676: 672: 667: 639:ACLEDA Bank Plc 615: 607:Leopard Capital 602: 452: 430: 417: 392: 350:commercial bank 337: 326: 320: 317: 302: 286: 275: 239:, and seven in 184: 180: 167: 149: 138: 120: 118: 116: 112: 95: 88: 82: 66: 64: 61: 27: 17: 12: 11: 5: 1297: 1295: 1287: 1286: 1281: 1276: 1271: 1266: 1261: 1256: 1246: 1245: 1239: 1238: 1236: 1235: 1230: 1225: 1220: 1215: 1210: 1205: 1200: 1194: 1192: 1186: 1185: 1183: 1182: 1177: 1172: 1167: 1161: 1159: 1153: 1152: 1150: 1149: 1144: 1139: 1134: 1129: 1124: 1119: 1114: 1109: 1104: 1102:ANZ Royal Bank 1099: 1093: 1091: 1085: 1084: 1082: 1081: 1076: 1071: 1066: 1061: 1055: 1053: 1049: 1048: 1041: 1039: 1038: 1031: 1024: 1016: 1010: 1009: 995: 980: 979: 972: 969: 966: 965: 947: 928: 919:"Shareholders" 910: 892: 873: 855: 829: 811: 808:on 2015-02-11. 789: 770: 739:www.wap.com.kh 726: 703: 685: 669: 668: 666: 663: 660: 659: 656: 652: 651: 648: 644: 643: 641: 635: 634: 631: 614: 611: 601: 598: 595: 594: 591: 588: 585: 581: 580: 577: 574: 571: 567: 566: 563: 560: 557: 553: 552: 549: 546: 543: 539: 538: 535: 532: 529: 525: 524: 521: 518: 515: 511: 510: 507: 504: 501: 497: 496: 493: 490: 487: 483: 482: 479: 476: 473: 469: 468: 467:Ownership (%) 465: 462: 459: 429: 426: 416: 413: 391: 388: 339: 338: 289: 287: 280: 274: 271: 172: 171: 161: 160: 147: 143: 142: 139: 136: 133: 132: 127: 123: 122: 113: 110: 107: 106: 96: 93: 90: 89: 84: 78: 76: 72: 71: 58: 54: 53: 50: 46: 45: 40: 36: 35: 28: 25: 15: 13: 10: 9: 6: 4: 3: 2: 1296: 1285: 1282: 1280: 1277: 1275: 1272: 1270: 1267: 1265: 1262: 1260: 1257: 1255: 1252: 1251: 1249: 1234: 1231: 1229: 1226: 1224: 1221: 1219: 1216: 1214: 1213:Lau Meng Khin 1211: 1209: 1206: 1204: 1201: 1199: 1196: 1195: 1193: 1191: 1187: 1181: 1178: 1176: 1173: 1171: 1168: 1166: 1163: 1162: 1160: 1158: 1154: 1148: 1147:Vattanac Bank 1145: 1143: 1140: 1138: 1135: 1133: 1130: 1128: 1125: 1123: 1120: 1118: 1115: 1113: 1110: 1108: 1105: 1103: 1100: 1098: 1095: 1094: 1092: 1090: 1086: 1080: 1077: 1075: 1072: 1070: 1067: 1065: 1062: 1060: 1057: 1056: 1054: 1050: 1045: 1037: 1032: 1030: 1025: 1023: 1018: 1017: 1014: 1007: 996: 993: 982: 978: 975: 974: 970: 961: 957: 951: 948: 943: 939: 932: 929: 924: 920: 914: 911: 906: 902: 896: 893: 888: 887:Bloomberg.com 884: 877: 874: 869: 865: 859: 856: 844: 840: 833: 830: 825: 821: 815: 812: 807: 803: 799: 793: 790: 785: 781: 774: 771: 766: 760: 744: 740: 736: 730: 727: 722: 718: 712: 710: 708: 704: 699: 695: 689: 686: 681: 674: 671: 664: 657: 654: 653: 649: 646: 645: 642: 640: 637: 636: 632: 629: 628: 625: 622: 620: 612: 610: 608: 599: 592: 590:$ 428,818,154 589: 586: 583: 582: 578: 575: 572: 569: 568: 564: 561: 558: 555: 554: 550: 547: 544: 541: 540: 536: 533: 530: 527: 526: 522: 519: 516: 513: 512: 508: 505: 502: 499: 498: 494: 492:$ 107,204,547 491: 488: 485: 484: 480: 478:$ 111,492,719 477: 474: 471: 470: 466: 463: 460: 457: 456: 453: 449: 447: 443: 439: 435: 427: 425: 421: 414: 412: 410: 406: 401: 397: 389: 387: 384: 381: 377: 373: 369: 367: 363: 357: 355: 351: 346: 335: 332: 324: 314: 310: 306: 300: 299: 295: 290:This section 288: 284: 279: 278: 272: 270: 264: 259: 257: 253: 248: 246: 242: 238: 234: 229: 220: 214: 178: 170: 166: 162: 158: 148: 144: 140: 134: 131: 128: 124: 114: 108: 105: 101: 97: 91: 87: 81: 77: 73: 59: 55: 51: 47: 44: 41: 37: 29: 23: 1228:Mong Reththy 1218:Ly Yong Phat 1122:Canadia Bank 1096: 1052:Institutions 1043: 1006:Banks portal 959: 950: 941: 931: 922: 913: 904: 895: 886: 876: 867: 858: 846:. Retrieved 842: 832: 823: 814: 806:the original 801: 792: 783: 773: 747:. Retrieved 743:the original 738: 729: 720: 697: 688: 673: 650:B+/Stable/B 638: 623: 616: 603: 548:$ 10,938,339 534:$ 52,530,223 520:$ 52,530,223 506:$ 78,259,310 450: 431: 428:Shareholders 422: 418: 393: 385: 382: 378: 374: 370: 358: 342: 327: 318: 303:Please help 291: 262: 260: 252:microfinance 249: 176: 175: 164: 98:Nationwide, 75:Headquarters 39:Company type 1097:ACLEDA Bank 1046:in Cambodia 587:428,818,154 576:$ 6,508,636 562:$ 9,354,157 489:107,204,547 475:111,492,719 458:Shareholder 153:.acledabank 94:Area served 26:Native name 1248:Categories 749:25 January 545:10,938,339 531:52,530,223 517:52,530,223 503:78,259,310 366:World Bank 321:April 2024 233:Phnom Penh 111:Key people 80:Phnom Penh 1203:Kith Meng 1165:Chip Mong 573:6,508,636 559:9,354,157 486:ASA, Plc. 411:regions. 292:does not 1233:Sok Kong 1170:NagaCorp 971:See also 901:"Search" 820:"Search" 759:cite web 630:Category 593:100.00% 514:COFIBRED 265:(Khmer: 126:Products 86:Cambodia 49:Industry 1175:Sokimex 848:21 June 633:Rating 613:Ratings 537:12.25% 523:12.25% 509:18.25% 495:25.00% 481:26.00% 400:Myanmar 313:removed 298:sources 273:History 241:Myanmar 146:Website 104:Myanmar 67:1993-01 65: ( 57:Founded 43:Private 1208:Kok An 802:fmo.nl 784:Forbes 579:1.52% 565:2.18% 551:2.55% 405:Yangon 141:11,926 1190:Oknha 1089:Banks 1044:oknha 665:Notes 584:Total 354:USAID 219:Khmer 850:2015 765:link 751:2022 440:— a 438:BRED 409:Bago 407:and 396:Laos 345:UNDP 296:any 294:cite 237:Laos 155:.com 100:Laos 658:bb 307:by 269:). 157:.kh 151:www 1250:: 958:. 940:. 921:. 903:. 885:. 866:. 841:. 822:. 800:. 782:. 761:}} 757:{{ 737:. 719:. 706:^ 696:. 621:. 225:, 221:: 217:; 204:iː 195:iː 189:eɪ 102:, 83:, 1035:e 1028:t 1021:v 962:. 944:. 925:. 907:. 889:. 870:. 852:. 826:. 786:. 767:) 753:. 723:. 700:. 334:) 328:( 323:) 319:( 315:. 301:. 213:/ 210:ə 207:d 201:l 198:ˈ 192:s 186:ˌ 183:/ 179:( 69:)

Index

Private
Phnom Penh
Cambodia
Laos
Myanmar
Financial services
www.acledabank.com.kh
https://www.acledabank.com.kh/kh/eng/ff_history#founder
/ˌsˈldə/
Khmer
Phnom Penh
Laos
Myanmar
National Bank of Cambodia
microfinance
chief executive officer

cite
sources
improve this section
adding citations to reliable sources
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UNDP
commercial bank
USAID
International Finance Corporation
World Bank
Laos
Myanmar

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