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Second Anniversary of Sustainable and Long-Term Strategic Partnership between ACLEDA Bank and Prudential

January 13, 2013

On January 12, 2015 evening, ACLEDA Bank Plc. and Prudential Cambodia Life Assurance celebrated two years of strategic partnership.

In the anniversary, Dr. IN Channy, President & Group Managing Director of ACLEDA Bank Plc. expressed his thanks to customers who bought a life insurance from Prudential Cambodia and expressed enthusiasm for a huge achievement with the quality financial services in responding to the needs of our mutual customers.

Within two year period, the customers and our team have learned the true value and benefits of the financial services provided by Prudential to the public. They realize that life insurance products/services obviously have provided a lot more than what they have expected, for instance, in 2014, Prudential paid out all its claims within good turnaround time, including the claims to the families of deceased ACLEDA Bank's staff. The payments of claims further signify the importance of life insurance to them all. The families of the deceased and/or the claimants themselves remain in our prayers, which they have shared their satisfactory with us to Prudential and thank them for their services available for them that they have looked up for long time already.

We started selling and refer life insurance service with 33 locations and the top 6 branch locations got the excellent result in the first year. For the second year anniversary which we are celebrating today, we have expanded to 80 locations and the top 17 branch locations get the excellent result. For the third year, we have expanded to 96 locations.

With high and growing demand from our value customers which we always listen well to them, ACLEDA Bank thinks that we should make these life insurance products/services accessible throughout the country through our entire branch network in coming years to the public at large that equally need these financial services.

Today we are not only celebrate the success of our partnership, but also celebrate the great success of our achievement of our respective value business entities which are substantially contributed by the partnership integrally bring the Net Profit After Tax (NPAT) of ACLEDA Bank Plc. reached US$82.14 million and the total assets of US$3.08 billion by the end of December 2014.

ACLEDA Bank Plc. is operating with 253 branches throughout Cambodia, 41 branches and offices in Lao and 06 branches and offices in Myanmar. Currently, ACLEDA Bank Plc. is the Cambodia's leading commercial bank in all segments. It has four subsidiaries which are ACLEDA Bank Lao Ltd., ACLEDA Securities Plc., ACLEDA Training Center, and ACLEDA MFI Myanmar Co., Ltd.