Cambodia Investment Review
ACLEDA Bank has officially announced the opening of its 265th branch, located in Promoy village, Veal Vang district, Pursat province. The branch commenced operations on November 1, 2024.
According to Mrs. Sok Sophy, the Bank’s Operations Manager, the establishment of this new branch reflects ACLEDA Bank’s commitment to delivering innovative and secure banking products and services to customers and the public throughout the community.
The new ACLEDA Bank branch is strategically situated along National Road 55 in Promoy village, an area that has recently transformed into a bustling destination for both domestic and international tourists.
Expected To Stimulate Economic Growth
The presence of ACLEDA Bank in this region is expected to stimulate economic growth in the community and support local businesses, fostering further development. The bank will fulfill a wide range of financial service needs, including 24/7 digital banking services.
Read More: ACLEDA Bank Recognized Among Top 1,000 Global Banks in 2024
It is worth noting that ACLEDA Bank operates four subsidiary companies: ACLEDA Institute of Business, ACLEDA Securities, ACLEDA Bank Laos, and ACLEDA Microfinance Institution in Myanmar, alongside a representative office in Myanmar.
As of the end of the second quarter of 2024, ACLEDA Bank reported total assets exceeding $10.08 billion, total deposits amounting to $7.54 billion, and a customer base of approximately 4.61 million clients.
Network Of Over 473 Business Partners
Furthermore, ACLEDA Bank boasts a network of over 473 business partners and approximately 4.42 million users of its mobile banking services, ACLEDA Mobile.
This expansion aligns with the bank’s mission to enhance financial accessibility and support the socio-economic development of communities across Cambodia.
