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Grand Opening of Rattanakiri Branch New Office

Rattanakiri Branch

September 09, 2011

ACLEDA Bank's Rattanakiri Branch; located along Village 2, Sangkat Labanseak, Banlung Municipality, Rattanakiri Province, Cambodia; celebrates grand opening of its new office presided over by the Chairman of Provincial Council, the Governor of Rattanakiri Province, all levels of authorities, Board of Directors & Management of ACLEDA Bank as well as many other distinguished guests.

Mr. NHIM Kosal, Vice President and Manager of ACLEDA Bank's Rattanakiri Branch, stated "Rattanakiri Branch was launched in the early June 2006 and now we have 2 offices; 71 staffs; total assets of over US$10.2 million; 1,923 customers crediting over US$8.5 million; 6,543 customers depositing almost US$8.5 million and many other customers using other services including ACLEDA Unity. Especially, we have 2 ATMs to serve customers holding ACLEDA Card, ACLEDA VISA Debit Card, and other banks' VISA cards globally."

Mr. NHIM Kosal, Vice President and Manager of ACLEDA Bank's Rattanakiri Branch

"This new building is built as commercial bank's standard with large working and serving space for security, fire prevention, energy reserve, convenience and sound environment. This is a remarkable achievement in Rattanakiri Branch during this year and shows the strength and ongoing improvement in serving best financial services to meet the needs of all customers," he added.

During this great occasion, Mr. IN Channy, President & CEO of ACLEDA Bank Plc., said "Sustainability is a vital vision of ACLEDA Bank. It was founded with sustainability focus for over 18 years providing exclusive financial services for all — both private and public sectors throughout the 250 branches and offices in the Kingdom of Cambodia and the Lao PDR."

He also expressed his grateful and warmest thanks to the Government, the National Bank of Cambodia, the local authorities, shareholders, 7,474 staffs, and over a million loyal customers who had always supported ACLEDA Bank. Hence, the bank could increase its assets from only US$22.3 million in December 2000 to US$1,400 million as of July 31, 2011 including the achievement of Rattanakiri Branch. One of the vital strategies was to equip the advanced online electronic banking system and deploy ATMs throughout the country, especially the branches and offices in the provinces along the border.

H.E. PAV Hamphan, the Governor of Rattanakiri Province and Mr. IN Channy, President & CEO of ACLEDA Bank Plc. and delegates

He also added that ACLEDA Bank had created its subsidiaries which are ACLEDA Securities Plc. and four agencies (Securities Registrar, Paying Agent, Securities Transfer Agent and Cash Settlement Agent), gathering momentum in boosting the development in securities sector and economic growth. Meanwhile, ACLEDA Bank had also created the ACLEDA Training Center in order to develop Human Resources and share all experiences and the success in microfinance sector to all operators and regional microfinance institutions.

H.E. PAV Hamphan, the Governor of Rattanakiri Province, said "ACLEDA Bank's Rattanakiri Branch has been established while the economy of Cambodia, especially of Rattanakiri Province, is being grown, stabilized and developed over the expectation. It is the evidence of the growth and solidarity and shows the contribution in developing the economy of Cambodia, particularly Rattanakiri Province. It has provided many benefits to all residents and businessmen in Rattanakiri Province through its financing and products. This is the main key in generating job, income, economic development and promoting people's living standard."

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