ACLEDA Bank Plc. has achieved a significant milestone by being the only bank in Cambodia to be ranked among the top 1,000 banks worldwide, as featured in The Banker’s “Top 1,000 World Banks 2024.” This recognition underscores ACLEDA’s strength and stability within the banking sector, both locally and internationally.
Expansion and Subsidiaries
Established as a cornerstone of the Cambodian banking landscape, ACLEDA Bank operates four subsidiaries: ACLEDA University of Business, ACLEDA Securities Plc., ACLEDA Bank Lao Ltd., and ACLEDA MFI Myanmar Co., Ltd. In addition, the bank has a representative office in Myanmar, reflecting its commitment to regional growth and collaboration.
Financial Performance
As of the end of the second quarter of 2024, ACLEDA Bank reported total assets exceeding US$10.08 billion. The bank’s total deposits reached US$7.54 billion, serving a substantial customer base of over 4.61 million individuals. This robust performance highlights ACLEDA Bank’s capacity to meet the financial needs of its growing clientele.
Business Partnerships and Digital Reach
ACLEDA Bank boasts a strong network of more than 471,600 business partners, further enhancing its market presence. The bank has also embraced digital innovation, with 4.03 million users utilizing the ACLEDA mobile app for their banking needs, demonstrating the bank’s focus on technology and accessibility in a rapidly evolving financial landscape.
In conclusion, ACLEDA Bank’s recognition as a leading global financial institution, along with its impressive financial performance and extensive network, positions it as a key player in the region’s banking sector and a beacon for future growth and investment in Cambodia.
