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ACLEDA Bank Launches ACLEDA VISA Credit Card

November 08, 2013

ACLEDA VISA Credit Card
ACLEDA VISA Credit Card
Dr. IN Channy, President & Group CEO of ACLEDA Bank Plc.
Dr. IN Channy, President & Group CEO of ACLEDA Bank Plc.
Ms. Lorijon Bacchi, Visa Country Manager, Vietnam, Cambodia and Laos
Ms. Lorijon Bacchi, Visa Country Manager, Vietnam, Cambodia and Laos
Distinguished guests in the official launching of ACLEDA VISA Credit Card
Distinguished guests in the official launching of ACLEDA VISA Credit Card

Phnom Penh, November 08, 2013, ACLEDA Bank Plc., the bank you can trust, the bank for the people and the Cambodia's leading commercial bank, has announced the official release to the general public today of its new product "ACLEDA VISA Credit Card". It is highly secured, designed with high-end layer of security. It is recognized by the Payment Card Industry Data Security Standard (PCI DSS). It is equipped with convenient and security feature for customers use globally. It can operate their banking service up to the existing credit line or up to the credit limit set by ACLEDA Bank Plc. It is the best choice and convenience which leads to a multi-dimensional lifestyle and it is also an alternative tool of payment that can be used for all kinds of transactions, from daily shopping to online transactions.

Dr. IN Channy, President & Group CEO of ACLEDA Bank Plc., said, "We always listen to customers' good advice and with their value advice, ACLEDA Bank has always come up with new financial products and services."

"Today based on the customers' value advice, ACLEDA Bank has launched the world class means of financial payment instrument, the ACLEDA VISA Credit Card, which the card holders can enjoy the Buy now and Pay later. It's a great choice of payment globally enhancing safety, and conveniently. It is the option that the card holders don't need to carry cash while they are travelling either locally or globally. It allows customers to do convenient and secure transactions via any ATM, POS terminal or e-Commerce. They can make cash withdrawals quickly and payments throughout Cambodia and around the world anytime where there are VISA or VISA Plus logo is displayed, especially, the customers can pay for goods or services include booking for air tickets or hotels room etc., onsite or by the internet," Dr. IN Channy said.

"Through ACLEDA Bank commits to build on ACLEDA's leading position in retail banking by delivering a full range of financial products and services to all segments of the community," he added.

Ms. Lorijon Bacchi, Visa Country Manager, Vietnam, Cambodia and Laos, said, "We are delighted to see the launch of the ACLEDA VISA Credit Card today. Visa Credit Cards allow you to buy now and pay later. Your Visa Credit Card can be used at tens of millions of merchants around the world and it is more secure than carrying cash as cards can be replaced but cash lost or stolen is gone forever."

"Visa is also committed to work with ACLEDA Bank in helping Cambodian cardholders to understand how Credit Cards work so they can make informed decisions on how best to manage their money. When used responsibly, Credit Cards can be a very useful and secure payment tool," she added.

ACLEDA Bank has 238 branches and offices throughout Cambodia, 35 branches and offices in Laos, and 03 branches and office in Myanmar with the total assets over US$2.2 billion by the end of October 2013. It has four Subsidiaries which are ACLEDA Bank Lao Ltd., ACLEDA Securities Plc., ACLEDA Training Center, and ACLEDA MFI Myanmar Co., Ltd. and strategically, we are going to expand our operation into the ASEAN region and all potential countries along the Mekong River.

For more information, please contact:

Dr. SO Phonnary, Executive Vice President & Group Chief Operations Officer
E-mail:

Mr. PROM Visoth, Executive Vice President & Group Chief Legal Officer and Company Secretary
E-mail:


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