Acleda’s In Channy discusses over-indebtedness in Cambodia
To discuss the findings of ‘Collateral Damage’ report, In Channy speaks out.
Tag: Acleda Bank
Acleda and UnionPay issue contactless cards
Acleda inks a new partnership with China’s UnionPay to issue contactless debit cards.
A look into Acleda Bank’s performance with president In Channy
Acleda Bank’s president, In Channy.
Acleda, Ly Hour join forces
Acleda Bank and local conglomerate Ly Hour Pay Pro sign an agreement on cooperation on transfer services.
Acleda and Prudential strengthen partnership
Acleda Bank and Prudential Cambodia sign a strategic partnership
Acleda JCB debit card launched
The Acleda JCB debit card was launched in Phnom Penh, the result of a partnership between Acleda Bank and JCB International.
Credit reports now available at Acleda branches
Acleda Bank’s customers can now check their creditworthiness at selected branches.
A ‘turning point’ for the local bourse: ASA’s Neth Piseth discusses IPO
Acleda Bank’s shareholder, ASA Public Limited company (ASA Plc), is due to become the sixth firm in the Cambodia Securities Exchange (CSX). The company is planning an IPO that could raise $89.6 million for 25 percent of its stake.
Sixth initial public offering two months behind schedule
ASA Plc’s initial public offering is two months behind schedule.
Bankers agree: 2018 a great year for local financial sector
Despite uncertainty caused by the July general elections, 2018 was an excellent year in terms of business performance for a number of key players in the local financial sector.
AIB inaugurates $37m campus
The Acleda Institute of Business (AIB) held the official launch of its new campus in Phnom Penh’s Sen Sok district yesterday, in a ceremony attended by the country’s deputy prime minister.
Acleda rolls-out QR code
The passengers of city buses and water taxi services can now pay for bus and ferry tickets via Acleda’s QR Code using their mobile phones.
New equity injection to finance expansion of largest local bank
Acleda Bank, the largest locally-owned banking institution, injected more than $36.5 million into its business to support its growth in Cambodia and abroad and finance the development of digital infrastructure.
Acleda’s ASA to list on local bourse
Acleda Bank’s shareholder, ASA Plc., is planning to list on the Cambodia Securities Exchange (CSX) in an initial public offering that could raise $89.6 million for 25 percent of the company’s stake.
ASA Plc to list on bourse
Acleda Bank’s shareholder, ASA Public Limited company (ASA Plc), will list 25 per cent of its stake on the (CSX).
Lenders join government loan scheme
Six financial institutions are offering loans specially created to help students finance their education in tourism-related fields.
Acleda aims for full digitalisation of branch offices
Acleda Bank aims to have all its branch offices fully digitalised with high tech tools.
Cambodia: Only a few banks offer loans to real estate sector
Most banks stayed away from direct lending to real estate. For the ones that do so the amount is much smaller compared to other sectors or industries. Risks apparently dissuade these banks from getting more involved with the sector.
Acleda eyes growth in services
Acleda Bank, one of the biggest commercial banks in Cambodia, says it will focus on loans for small and medium enterprises.
Banks loan almost $4bln to the property sector
Bank loans to the construction and real estate sector in Cambodia in 2017 totaled $3.91 billion, or the equivalent of about 24.28% of the total loan portfolio at the end of 2017.
Acleda bank staff convicted
Five senior bank staff in Battambang province sentenced to one year in prison for stealing nearly $2 million from their employer.
Cautious praise for pension scheme
Some in the business community welcome a plan to launch a pension scheme, manufacturer’s say it could be a burden.
Central bank launches online service
Cambodia’s Central Bank to launch a trading system that allows all financial institutions to make transactions online.
Bank staff on theft charges
SIX Acleda Bank staff members were charged on Saturday with involvement in the theft of more than $1 million from their employer.
