navigate_nextMedianavigate_nextOur Newsnavigate_nextACLEDA Bank Signs Agreement...

ACLEDA Bank Signs Agreement for Cooperative Partnership with NSSFC

September 21, 2011

ACLEDA Bank, a leading commercial bank for all sectors, hereby announces that it has signed an agreement with National Social Security Fund for Civil Servants (NSSFC) to maintain and secure in providing the service of retirement fund and other benefit policy from the Royal Government of Cambodia to the retirees or their authorized persons within 23 provinces presided over by H.E. Dr. ITH Samheng, Minister of the Ministry of Social Affairs, Veterans & Youth Rehabilitation.

After the Royal Government of the Kingdom of Cambodia issues a Sub-Decree on the establishment of NSSFC in February 05, 2008, thus on April 29, 2011, the Royal Government of Cambodia issued a Sub-Degree on the benefit for determination the contributed fund for supporting NSSFC. This contribution is obligated by the Royal Government, Civil Servants, Judges, and Prosecutors in order to support NSSFC by their specific fund sources to implement the Social Security policy effectively.

Mr. CHOUR Ratana, Director of National Social Security Fund for Civil Servants, said "The Fund received from the above contribution will be kept with ACLEDA Bank for settlement and payment of provident fund and other benefit from the Royal Government of Cambodia to the retirees or their authorized persons within 23 provinces."

Mr. IN Channy, President & CEO of ACLEDA Bank Plc., said "It is a great pleasure and honor for ACLEDA Bank Plc. to be always highly trusted by the Public Institutions in ACLEDA Bank financial services and selected ACLEDA Bank for their bank. Today, ACLEDA Bank has another great achievement that the NSSFC has selected ACLEDA Bank to be their bank and as a partner in providing financial services, maintaining and securing in providing the provident fund and other benefit for civil servants within 23 provinces. If you remembered well, ACLEDA Bank is a good partner with National Social Security Fund (NSSF) under the Agreement dated October 23, 2008 in providing similar financial services for private sector."

He also would like to take this great opportunity to thank the Royal Government of Cambodia, the Ministry of Social Affairs, Veterans & Youth Rehabilitation, and NSSFC for selecting ACLEDA Bank to be the partner in providing financial services in maintaining and securing the fund, and channel the provident fund and other benefit for civil servants within 23 provinces.

For further information, please contact:

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

Mr. PROM Visoth, SVP & Head of Legal & Corporate Affairs Division and Company Secretary
E-mail: