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Grand Opening of Stung Treng Branch New Office

Delegations in the grand opening of Stung Treng Branch
Delegations in the grand opening of Stung Treng Branch
Wishing dance performing by ACLEDA Bank
Wishing dance performing by ACLEDA Bank's staff
Delegation and distinguished guests visit Stung Treng Branch new office
Delegation and distinguished guests visit Stung Treng Branch new office
Mr. YAM Lang, Vice President & Branch Manager of Stung Treng Branch
Mr. YAM Lang, Vice President & Branch Manager of Stung Treng Branch
Management and staff of ACLEDA Bank
Management and staff of ACLEDA Bank's Stung Treng Branch

July 18, 2014

On July 18, 2014, ACLEDA Bank Plc. Stung Treng Branch, located Trapeang Pring Village, Sangkat Stung Treng, Stung Treng Municipality, Stung Treng Province, Cambodia, celebrates the grand opening of its new office presided over by H.E CHHEANG Lak, Deputy Governor of Stung Treng Provincial Board of Governor and participated by the Board of Directors, President & Group CEO and Management of ACLEDA Bank Plc. as well as all levels of authorities and other many distinguished guests.

Mr. YAM Lang, Vice President & Branch Manager of Stung Treng Branch, stated, "As of June 30, 2014, Stung Treng Branch has 2 offices, 75 staff, total assets of over US$17 million, 2,588 customers crediting US$15 million, 10,225 customers depositing US$7 million and many other customers using other services including ACLEDA Unity, ACLEDA VISA Debit Card, ACLEDA VISA Credit Card and a newly ACLEDA Internet Bank service. Moreover, we have 1 ATM to serve customers holding ACLEDA Card, ACLEDA VISA Debit Card, ACLEDA VISA Credit Card, Maestro, Cirrus, MasterCard, UnionPay International Card, JCB Card and other banks VISA Card globally any time — 24 hours a day, 7 days a week."

"This new building is built as ACLEDA Bank's standard with three and a half stories high and large working and serving space for security, fire prevention, energy reserve, convenience and sound environment. This is a remarkable achievement in Stung Treng Branch during this year and shows the strength and ongoing improvement in serving best financial services rapidly, reliably, and safely to meet the needs of all customers," he added.

On this auspicious occasion, Dr. IN Channy, President & Group CEO of ACLEDA Bank Plc., said, "The increase in trust and confident from customers is a vital vision of ACLEDA Bank Plc. Therefore, it has was founded with sustainability focus for over 22 years providing exclusive financial services for all segment of the community – both private and public sectors through 252 branches and offices throughout Cambodia and has four subsidiaries which are ACLEDA Securities Plc., ACLEDA Training Center, ACLEDA Bank Lao Ltd. (has 41 branches and offices in Laos) and ACLEDA MFI Myanmar Co., Ltd. (has 6 branches and offices in Myanmar) with the bank's assets of US$ 2.72 billion. And strategically, ACLEDA Bank is in the partnership with Japanese bank, Sumitomo Mitsui Banking Corporation (SMBC), and British life assurance company, Prudential (Cambodia) Life Assurance Plc. and has correspondent with 481 banks in the world."

"Currently, ACLEDA Bank Plc. has 143 standard offices and 17 standard offices are under construction in order to facilitate and serve its value customers in doing financial transactions with ACLEDA Bank Plc., especially to protect assets of customers using the bank's products and services as well as to provide hygiene and safety for all employees working with the bank," he added.

"In 2014, ACLEDA Bank Plc. established an up-to-date and most modern office buildings and electronic banking system infrastructures for servicing customers including ACLEDA Unity as mobile phones system, cash withdrawal via ACLEDA ATM, cash deposit via ACLEDA Bank's Cash Deposit Machine and ACLEDA POS is an electronic machine for doing transaction by ACLEDA Card, ACLEDA VISA Debit Card, ACLEDA VISA Credit Card, UnionPay International Card, JCB Card and other bank's VISA Card to pay for goods or services safely and conveniently instead of payment by cash. Meanwhile, ACLEDA Bank Plc. has also served a new service which is the world class means of financial service, ACLEDA Internet Bank service, which is most convenient and reliable for self-service, highly secured. The costumers can do financial transactions from anywhere and at any time — 24 hours a day, 7 days a week without coming to the branches or offices," he said.

"On this auspicious occasion, I am deeply proud of this standard building which was constructed in accordance with our long term strategy. I would like to express my heartfelt thanks to the government, the National Bank of Cambodia, local authorities, shareholders, board of directors, all 10,220 employees and 1.6 million loyal customers who have always supported us by all kinds of means and contributed to the development of ACLEDA Bank Plc. since it has been founded. With all their supports the bank's assets have increased from only US$ 22.3 million in December 2000 to US$ 2.72 billion by the end of June 2014 including the achievement of Stung Treng Branch as detailed by the VP & Branch Manager in his earlier report. ACLEDA Bank Plc. always listens to its customers' complaints and suggestions to find best resolution to satisfy their needs by creating multi-products and services for their choices and usages," he added.

H.E CHHEANG Lak, Deputy Governor of Stung Treng Provincial Board of Governor, said, "ACLEDA Bank Stung Treng Branch was established while the national economy, especially Stung Treng is being progressed with sustainability and growth beyond expectation over the past few years. The development of ACLEDA Bank Stung Treng Branch is the evidence of the growth and solidarity and also shows the contribution in developing the economy of Cambodia, especially Stung Treng Branch. This is proof of Stung Treng Branch for its rapid growth of its operations and infrastructure. That development has provided more benefit to all people and businessmen in the province through its financing and products. This is the main key in increasing the job opportunity, income, economic development and people's living standard in the province."


For further information, please contact:

Dr. SO Phonnary
Executive Vice President & Group Chief Operations Officer
E-mail: phonnary@acledabank.com.kh

Mr. PROM Visoth
Executive Vice President & Group Chief Legal Officer and Corporate Secretary
E-mail: visoth@acledabank.com.kh


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