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ACLEDA Bank Selected to Serve for National Revenue and Expenditure Transactions

December 03, 2013

ACLEDA Bank Plc., the bank you can trust, the bank for the people, and the Cambodia's leading commercial bank, has announced today that the bank has signed a Memorandum of Understanding with the Ministry of Economy and Finance on serving for National Revenue and Expenditure Transactions throughout the Country.

This Memorandum of Understanding (MoU), ACLEDA Bank will serve National Revenue and Expenditure Transactions throughout the Country for (i) Operating Revenues, (ii) Operating Expenses, (iii) Operating Revenues & Expenses of communes, and (iv) Operating Revenues (joint account owners which are municipal/provincial national treasury and unit under the domination of the Ministry of Economy and Finance).

For ACLEDA Bank, this MoU signifies deeply such as (i) for publicly open-door for us as a good citizen to participate in the implementation of the Public Financial Sector Reforming of the Rectangle Strategy of Royal Government of the Kingdom of Cambodia, (ii) for serving the public sector directly in larger scale, (iii) for giving the great opportunities to serve the new segments as our purpose for a long time, etc.

ACLEDA Bank strongly believes that the more we serve the more we can learn from our customers/partners and of course better service quality which we mutually wish for since we always listen to our customers/partners.

For more information, please contact:

Mr. LY Thay, Senior Vice President & Head of Operations Division
Tel: +855­ (0)23 998 777 / 430 999, +855­ (0)15 900 177
E-mail:

Mr. SOK Sovady, Vice President & Deputy Head of Operations Division
Tel: +855­ (0)23 998 777 / 430 999, +855­ (0)15 900 178
E-mail:

Mr. NETH Piseth, Vice President & Deputy Head of Operations Division
Tel: +855­ (0)23 998 777 / 430 999, +855­ (0)15 700 111
E-mail: