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Grand Opening of Memot District Branch New Office

Mr. KONG Rithy, Vice President and Manager of ACLEDA Bank Plc. Memot District Branch
Mr. KONG Rithy, Vice President and Manager of ACLEDA Bank Plc. Memot District Branch

February 17, 2011

ACLEDA Bank Plc. Memot District Branch, located along National Road No. 7, Memot Phsar Village, Memot Commune, Memot District, Kampong Cham Province, Cambodia, celebrates grand opening of its new office presided over by Memot District Governor, all levels of authorities, EVP & Chief Operations Officer and Management of ACLEDA Bank as well as many other distinguished guests.

Mr. KONG Rithy, Vice President and Manager of ACLEDA Bank Plc. Memot District Branch, stated, "By December 31, 2010, this branch consists of three offices, 60 staffs, a total asset of almost USD10 million, 3,140 customers crediting over USD8 million, 6,164 customers depositing almost USD3 million and many other customers using other services including ACLEDA Unity. Especially, we have one ATM to serve customers holding ACLEDA Card, ACLEDA VISA Debit Card, and other banks' VISA Cards globally."

"Now Memot District Branch has moved to this new commercial bank's standard building of 2 floors and provides large working space and banking hall. It was built for security, fire prevention, energy reserve, convenience and sound environment. This is a remarkable achievement in Memot District Branch during this year which shows the strength and ongoing improvement in serving best financial services to meet the needs of all customers," he added.

Mr. CHENG Bunnara, Memot District Governor and Mrs. SO Phonnary, EVP & Chief Operations Officer of ACLEDA Bank
Mr. CHENG Bunnara, Memot District Governor and Mrs. SO Phonnary, EVP & Chief Operations Officer of ACLEDA Bank

During this grand occasion, Mrs. SO Phonnary — Executive Vice President & Chief Operations Officer, representative of President & CEO of ACLEDA Bank — said, "Sustainability is a vital vision of ACLEDA Bank. It was founded with such sustainability for 18 years ago to provide exclusive financial services for all — both private and public. This continues to be our guiding principle today throughout the 249 branches and offices in the Kingdom of Cambodia and the Lao PDR."

She also expressed her grateful thanks to the Royal Government, the National Bank of Cambodia, Shareholders, Board of Directors, 6,977 ACLEDA staff, and over 1 million faithful customers who had always supported ACLEDA Bank so that the bank's assets had increased to over US$1,233 million as of January, 2011 from only US$22.3 million in December 2000. In response to their needs, ACLEDA Bank launched the first modern service in Cambodia called "ACLEDA Unity," the virtual bank in your hand. It was a financial umbrella to simplify day to day banking allowing a wide range of transactions to be securely performed through your mobile phone from anywhere, anytime globally for those who connected Global Roaming.

Mr. CHENG Bunnara, Memot District Governor, notified, "Memot District Branch started its operations since May 2002 in the form of Post Service and in April 2008 it was transformed into a branch for full operations widely in Memot District; and this reflects the enhancement of its operations and business. Such development is very fruitful for the residents and all businessmen in the entire Memot District to gain financial resources and other services which contribute to the economic development and promotion of living standards of people. Besides banking service, it also participates actively in Arts and Sports activities."

"ACLEDA bank will be still our partner for community development, a good adherent with all local authorities, and an excellent financial service provider to enhance its operations more efficiently and productively," he added.

Delegates and distinguished guests in the inauguration ceremony of ACLEDA Bank Plc. Memot District Branch
Delegates and distinguished guests in the inauguration ceremony of ACLEDA Bank Plc. Memot District Branch

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