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Grand Opening of Battambang Municipality Branch New Office

Mr. NHOEUK Saran, Vice President & Branch Manager of Battambang Municipality Branch

April 30, 2010

On April 30, 2010, ACLEDA Bank Plc. Battambang Municipality Branch, located at #602, National road No 5, Group 13, Rumchek 4 village, Sangkat Rottanak, Battambang municipality, Battambang province, celebrates grand opening of its new office presided over by H.E. Governor of Battambang Province, H.E. Provincial Council, Deputy Governors, Chairman and Delegation of International Business Chamber, Officers of Provincial Hall and all level of authorities, Chairman and Board of Directors of ACLEDA Bank as well as many other distinguished guests.

Mr. NHOEUK Saran, Vice President & Branch Manager of ACLEDA Bank Plc Battambang Municipality Branch, announced, "Battambang Municipality Branch has 2 offices with 58 staff, 1 ATM, total asset over US$1.5 million, loan portfolio over US$500 thousand, deposit almost US$1 million with 390 customers; and other customers are using other services."

"Now, ACLDEA Bank Plc. Battambang Municipality Branch has changed its location to this new commercial bank's standard office. This Building has 3 floors with 2,030m² area including banking hall sized 216 m² and a large car parking. This standard building also focuses on security, fire, powerful, comfortable and safety labour environment," he added.

Mr. IN Channy, President & CEO of ACLEDA Bank and H.E. PRACH Chan, the Governor of Battambang Province

During this grand occasion, Mr. IN Channy, President & CEO of ACLEDA Bank, said, "Sustainability is a vital vision of ACLEDA Bank. It was founded with such sustainability for 17 years ago to provide exclusive financial services for all — both private and public. This continues to be our guiding principle today throughout the 248 branches and offices in the Kingdom of Cambodia and the Lao PDR."

"Currently ACLEDA Bank has 76 standard offices to provide the most comfortable and efficient facilities for our customers to conduct their financial transactions. Our investment is not only about convenience or image, but also long-term commitment to the community to safeguard the assets of our customers who depend on ACLEDA Bank," he continued.

He also expressed his grateful thanks to the Royal Government, the National Bank of Cambodia, the local authorities, and all nearly one million loyal customers who had always supported ACLEDA Bank so that the bank could launch the first leading mobile-phone financial service in Cambodia called "The ACLEDA Unity", the safety, convenient, reliable, and fast means for its customers to transact from anywhere, anytime without coming to the branches or offices. It additionally confirms sustainable and strong relationships between ACLEDA Bank and the community which is the powerful tools to social and economic development of Cambodia.

H.E. PRACH Chan, the Governor of Battambang Province, noticed, "During early 2003 ACLEDA Bank started its operations in a much narrow scope of work, but this early 2010, ACLEDA Bank hits its bloom in terms of its extensive operations in all 14 communes and Sangkats (urban commune) in Battambang province; it has noticeably contributed to the socio-economic development in this province and has provided numerous advantages to the people and businessmen for the availability of financial resources, employment generation, sources of income and promotion of living standards of the people."