ACLEDA Bank Plc. is a public limited company, formed under the Banking and Financial Institutions Law of the Kingdom of Cambodia based in Phnom Penh, with 236 offices covering all provinces, as well as 25 in the Lao PDR. ACLEDA had more than $1,752 million in total assets as of December 31, 2011, and more than $1,323 million in deposits, with over $1,134 million in loans outstanding. According to the National Bank of Cambodia, ACLEDA Bank is the largest domestic commercial bank in terms of total assets and number of clients, with more than 821,900 depositors as of December 31, 2011.
The bank is headed by President & CEO, In Channy, who is one of the original 28 members of the organization. Channy joined the company in 1992 as a loan officer while the bank was still a UN-funded microfinance project. He now serves as Chief Executive Officer of the company, and also serves as Vice-chairman of the International Business Chamber of Cambodia.
Read more about ACLEDA Bank: History, International Expansion, ACLEDA Securities PLC., Shareholders, ACLEDA Shareholder Association (ASA), Ratings
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