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navigate_nextMedianavigate_nextOur Newsnavigate_nextACLEDA Named the Safest Bank in Cambodia by Global Finance
ACLEDA Named the Safest Bank in Cambodia by Global Finance
November 4, 2024
ACLEDA Bank has become the only Cambodian bank to win the world's safest banks award in 2024 (country winners) from the Global Finance magazine.
The award is claimed by Global Finance to have undergone a thorough evaluation of the long-term foreign currency ratings, or debt rating, rated by Fitch, Moody's and Standard & Poor's financial institutions among the 500 largest banks worldwide.
In addition, Global Finance noted ACLEDA Bank's resilience in managing its operations during periods of high interest rates and high inflation.
Moreover, ACLEDA Bank was recently recognized in The Banker's list of Top 1000 World Banks 2024.
This series of good ratings and awards from international institutions demonstrates the strength and growth of ACLEDA Bank after a strong presence in the Cambodian market for more than three decades.
Dr. In Channy, President & Group Managing Director of ACLEDA Bank Plc., said: (1) customers are proud to be the customers of ACLEDA Bank Plc. since one of many conditions/criteria when customers choose their bank, they always think of the bank that they can trust for their life time savings and deposit, and financial services. (2) Focusing in Good Corporate Governance, promoting transparence in banking and financial services, (3) 24/7 customers responsive and support with respect, love, and trust and solving issues when they are in needs without additional payment remains part of the core ACLEDA Bank's vision and mission.
ACLEDA Bank has four subsidiaries: ACLEDA University of Business, ACLEDA Securities Plc., ACLEDA Bank Lao Ltd., and ACLEDA MFI Myanmar Co., Ltd., as well as a representative office in Myanmar.
As of the end of the second quarter of 2024, ACLEDA Bank had total assets of more than US$10.08 billion, total deposits of US$7.54 billion and more than 4.61 million customers.
ACLEDA Bank also maintains a robust network of more than 474,700 business partners and a total of 4.05 million ACLEDA Mobile customers.
