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Chinese-sponsored Asian Infrastructure and Investment Bank’s (AIIB) $100 million loan to locally public-listed ACLEDA Bank Plc will fund the latter’s domestic expansion and increase investor confidence in the Phnom Penh-based lender, according to the head of the Cambodia Securities Exchange (CSX).
Local public-listed ACLEDA Bank Plc (ABC) reported sound business performance in the first quarter of 2023 amidst the regional and global economic slowdown.
Nasdaq-listed Euronet Worldwide Inc’s Ria Money Transfer has partnered with locally-owned ACLEDA Bank Plc to provide additional options for cross-border money transfer services to and from the Kingdom, amid a growing number of overseas Cambodians and burgeoning demand for remittance solutions.
The participation of Sumitomo Mitsui Banking Corp (SMBC) as a shareholder in ACLEDA Bank Plc has helped to build a robust financial position in the Kingdom and create more confidence among the public over the decade.
Share ACLEDA Bank unveils new logo Thu, 31 December 2020 ACLEDA Bank Plc, the first commercial bank to be listed on the Cambodia Securities Exchange (CSX), on December 31 officially launched its new logo after nearly 30 years of operation. Speaking at the launch ceremony, president and CEO In Channy said the change was in line with the bank’s strategic mission perspective and global fintech development. He said: “I officially launch the new ACLEDA Bank logo with our existing digital infrastructure and will continue to develop our services through the use of the latest technologies to make...