www.acledabank.com.kh

homenavigate_nextInvestor Relationsnavigate_nextCorporate Disclosurenavigate_nextDecision on Increase in Paid-in Capital

Decision on Increase in Paid-in Capital

July 12, 2021 | Unofficial Translation

Date of Decision June 23, 2021
Capital Before Changes 340,000,000,000
Capital After Changes 380,000,000,000
Changes of Capital 40,000,000,000
Type of Relevant Stock Ordinary shares
Number of Stock Before Changes 34,000,000
Number of Stock After Changes 38,000,000
Changes of Stock 4,000,000
Description The increase in the registered capital of LAK 40 billion of ACLEDA Bank Lao Ltd. (ABL) in 2021 in order to meet regulatory requirement per Law on Commercial Bank issued by the Bank of the Lao PDR (BOL) that the minimum registered capital requirements shall be raised to LAK 500 billion within 5 years. The ABL increased its registered capital by LAK 40 billion from LAK 340 billion to LAK 380 billion in 2021.
Reason Pursuant to the Lao PDR's LAW No. 56/NA, dated December 7, 2018 ON COMMERCIAL BANKS and being continuous of regulations issued by the authorities of the Lao PDR.
attachment FILE DOWNLOAD
Notification on increasing registered capital of ACLEDA Bank Lao Ltd. which is a subsidiary of ACLEDA Bank Plc.
arrow_back BACK

Securities Listing Certificate

1St Commercial Bank on the Cambodia Securities Exchange

SITE MAP FORM CENTER USER MANUAL SECURITY TIPS NEWSLETTER LEGAL AND PRIVACY NOTICE
ONLINE VISITOR: 296 ©2021 ACLEDA Bank Plc.
CONNECT WITH US ON