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ACLEDA Bank Receives Financial Contribution

December 19, 2008

Signing ceremony for the financial contribution for the support of the ACLEDA-ASEAN Regional Microfinance Training Center

Phnom Penh — December 19, 2008 — ACLEDA Bank Plc, Cambodia's leading retail bank which has total assets of US$677 million and capital funds exceeding US$85 million operating in 220 branches and offices in every province in the country, has announced today that it has received a financial contribution in full of the equivalent of EUR610,000 in US$ as non-payable funds from the KfW. This financial contribution will be used for the support of ASEAN Regional Microfinance Center which will be functioned and managed by ACLEDA Bank Plc, especially for financing of equipments, fellowship, international consultants and capacity building faculty staff.

Mr. In Channy, President and CEO, said that "it is a great honor for our country especially ACLEDA Bank Plc which is selected as a project-executing agency for ACLEDA-ASEAN Regional Microfinance Training Center. This center will be open to policy makers, practitioners and staff from Microfinance Institutions and Banks in the ASEAN region". "The center will seek accreditation from an internationally recognized university and could form a platform to develop a Microfinance MBA at later stage in collaboration with such university," he added.

For more information contact:

Mrs. So Phonnary, EVP & Chief of Operations Officer
E-mail:

Mr. Prom Visoth, Senior Vice President & Head of Legal & Corporate Affairs Division and Company Secretary
E-mail: