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ACLEDA Bank Launches 'Unity'

July 16, 2010

Mr. IN Channy's hospitality to distinguished guest
Mr. IN Channy's hospitality to distinguished guest

Phnom Penh, July 16 — ACLEDA Bank announced today the release to the general public of its new 'Unity' mobile phone banking service. A virtual 'bank in your pocket' — it provides a convenient and secure way to manage all daily banking transactions any day, anytime, anywhere. It communicates in both the English and Khmer languages and handles transactions in Khmer Riels, US Dollars and Thai Baht, with other currencies to follow.

"Our aim is to offer access to financial services to the whole community," said Mr. In Channy, ACLEDA Bank's President & CEO. "Unity works with all mobile phone networks and a very wide range of mobile handsets. It unites a whole selection of financial services under one umbrella that simplifies day-to-day banking through mobile phones anywhere in the country. For those customers who have global roaming it will even work throughout the world," he stated.

Operating on a 24/7 basis, with high-level multilayer security features, the bank claims that Unity gives customers the choice of using text message (SMS), Mobile Browser/WAP or a dedicated downloadable application interface, according to which best suits their needs. They can view their account balances, obtain a mini-statement, transfer between their accounts, make payments to other people, make bill payments (pay their utility bills and other accounts) and top-up their mobile phones. Other services will be added in the future as customers demand.

Mr. IN Channy, President & CEO of ACLEDA Bank Plc.
Mr. IN Channy, President & CEO of ACLEDA Bank Plc.

"As a fast-growing bank in a rapidly developing economy, we are looking for a complete integrated mobile banking and payment solution. We want to make sure that our mobile services are universally available to our customers, are safe for them to use and deliver the dependability and reliability that ACLEDA is known for" said Mr. In Channy, President & CEO of ACLEDA Bank Plc. "We will be leapfrogging over traditional delivery channels to provide our customers with the latest banking technology."

About ACLEDA Bank

ACLEDA Bank currently is the Cambodian leading bank with the largest branches and offices network. It's over 17 years presence in domestic financial services. As at the end of June 2010, the value of the loan portfolio has reached US$615 million with 258,064 borrowing customers. The total savings and deposits was US$793 million with 670,383 accounts. Its total assets have exceeded US$1 billion and employed 7,105 staffs.

The Bank offers a wide range of banking products and financial services to corporate and retail customers through a variety of delivery channels. ACLEDA is a leading player in the retail banking market and services its large customer base through a network of 233 offices. With 102 ATMs serve 24/7 and 24 hours call center to ensure that customers have access to its services at all times.

For more information contact:

Mrs. So Phonnary, Executive Vice President & Chief Operations Officer
E-mail:

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


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