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Grand Opening of ACLEDA Bank Plc. Banteay Meanchey Branch

November 14, 2014

ACLEDA Bank Plc. Banteay Meanchey Branch

On November 14, 2014, ACLEDA Bank Plc. Banteay Meanchey Branch, located Group 3, Kourothan Village, Sangkat Ou Ambel, Krong Serei Saophoan, Banteay Meanchey Province, Cambodia, celebrates its grand opening of its new office presided over by H.E Kousoum Saroeuth, Banteay Meanchey Provincial Governor and participated by the Board of Directors, President & Group Managing Director and Management of ACLEDA Bank Plc. as well as all levels of authorities and other many distinguished guests.

Mr. LAY Chham, Vice President & Branch Manager Banteay Meanchey Branch, stated, "As of October 31, 2014, Banteay Meanchey Branch has 4 offices; 154 staff; total assets of over US$34 million; 3,104 customers crediting US$28 million; 20,668 customers depositing US$17 million; and many other customers using other services including ACLEDA Unity, ACLEDA VISA Credit Card, and a newly ACLEDA Internet Bank service. Moreover, we have 2 ATMs to serve customers holding ACLEDA Card, ACLEDA VISA Debit Card, ACLEDA VISA Credit Card, and other bank's Maestro, Cirrus, MasterCard, UnionPay International Card, JCB Card, Diners Club, Discover, and VISA globally any time — 24 hours a day, 7 days a week."

"This new building is built as ACLEDA Bank's standard with four and a half stories high with large working and serving space for security, fire prevention, energy reserve, convenience and sound environment. This is a remarkable achievement in Banteay Meanchey 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 Managing Director of ACLEDA Bank Plc., said, "The increase in trust and confident from customers is a vital vision of ACLEDA Bank Plc. Therefore, it has been founded with sustainability focus for 22 years providing exclusive financial services for all segments of the community – both private and public sectors through 253 branches throughout Cambodia and has four subsidiaries which are ACLEDA Securities Plc., ACLEDA Training Center, ACLEDA Bank Lao (has 41 branches and offices in Laos) and ACLEDA MFI Myanmar (has 6 branches and offices in Myanmar) with the bank's assets of US$2,901.1 million."

Delegations in the grand opening of Banteay Meanchey Branch

"Currently, ACLEDA Bank Plc. has 152 standard offices and 19 standard offices that 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 continued.

"From its establishing date till 2014, and the following years, the development of ACLEDA Bank is done continuously and sustainably, from branch and office network to electronic bank infrastructure network to keep pace with the progressive changes of the nature of the business, and the progressive financial products and services, and to accommodate the updating electronic banking financial products and services to best serve its growing substantial customers. Those electronic bank infrastructure and financial services/products including ACLEDA Unity through mobile phones system, cash withdrawal via ACLEDA ATM, cash deposit via ACLEDA Bank's Cash Deposit Machine, ACLEDA POS which are electronic machine for making transactions by ACLEDA Card, ACLEDA VISA Debit Card, ACLEDA VISA Credit Card, and other bank's UnionPay International Card, JCB Card, MasterCard, Diners Club, Discover, and VISA which enable ACLEDA Bank Plc. becomes a payment centre to pay for goods or services globally, safely and conveniently as well as local cards can make payment worldwide. 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 the most convenient and reliable for self-service with 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 added.

Khmer Traditional Song “Yi Ke” Performed by ACLEDA Bank’s Staff

"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, ACLEDA Bank's Shareholders, Board of Directors, over 11,000 employees and 2 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$2,901.1 million by the end of October 2014 including the achievement of Banteay Meanchey Branch as detailed by the Vice President & 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," Dr. IN Channy said.

H.E Kousoum Saroeuth, Banteay Meanchey Provincial Governor, said, "ACLEDA Bank Banteay Meanchey Branch was established while the national economy, especially Banteay Meanchey is being progressed with sustainability and growth beyond expectation over the past few years. The development of ACLEDA Bank Banteay Meanchey Branch is the evidence of the growth and solidarity and also shows the contribution in developing the economy of Cambodia, especially Banteay Meanchey Branch. This is proof of Banteay Meanchey 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