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ACLEDA Bank, Nominated as a World Economic Forum Global Growth Companies 2014 Candidate and Member of the World Economic Forum
May 22, 2014
ACLEDA Bank Plc. has been nominated as a World Economic Forum Global Growth Companies 2014 candidate, and has become the member of the World Economic Forum this year.
The World Economic Forum is the world's foremost multi-stakeholder community that brings together leaders from business, government, media, academia and civil society to interact in its events and participate in its initiatives. Please visit www.weforum.org for more information on Forum activities.
Global Growth Companies are the most dynamic, high-growth companies from around the world. They are best described as the trailblazers, shapers and innovators that are committed to improving the state of the world. Currently the Community includes more than 360 members from 70 countries, and each one has the potential to become a leader in the global economy owing to their business models, growth records, leadership and the markets they serve. For more information on Global Growth Companies, visit www.weforum.org/community/global-growth-companies.
Amongst the commercial and specialized banks in Cambodia, ACLEDA Bank managed to maintain its position as market leader in terms of assets, loans, deposits, and profitability, as well as in the number of branches and ATMs throughout Cambodia.
ACLEDA Bank Plc. had 251 branches throughout Cambodia, 41 branches and offices in Laos, and 6 branches and offices in Myanmar with the total assets of US$2.5 billion by the end of March 2014. It has four subsidiaries such as ACLEDA Bank Lao Ltd., ACLEDA Securities Plc., ACLEDA Training Center, and ACLEDA MFI Myanmar. And strategically, ACLEDA Bank is going to expand its operations into the ASEAN region and all potential countries along the Mekong River.
As evidence of our broad outreach and involvement in the business community, ACLEDA Bank is a member of various prestigious associations below: