News

Acleda Bank to expand KHQR beyond ASEAN

Acleda Bank Plc plans to expand the KHQR system to non-Association of Southeast Asian Nations (ASEAN) member countries, said a senior bank official. ...

Kang Sothear
https://www.khmertimeskh.com/501347404/acleda-bank-to-expand-khqr-beyond-asean/

AIIB lends $100m to ACLEDA for SME loans

ACLEDA Bank Plc has borrowed $100 million from China-owned Asian Infrastructure Investment Bank (AIIB) to provide new loans to micro, small and medium enterprises, according to its latest filing with Cambodia Securities Exchange. ...

Sangeetha Amarthalingam
https://kiripost.com/stories/cambodia-aiib-lends-100m-to-acleda-for-sme-loans

ACLEDA scoops award for aiding Cambodian SMEs

ACLEDA Bank, one of Cambodia’s largest banks, today revealed it has been crowned the “Best Bank Partner for SMEs in EAP Award” by Washington DC-based International Finance Corporation (IFC), which is a member of the World Bank Group. ...

Kiripost staff writers
https://kiripost.com/stories/acleda-scoops-award-for-aiding-cambodian-smes

Global Finance Forum aims to support Cambodia’s SMEs

Cambodia is hosting the Global SME Finance Forum, where more than 400 delegates from 60 countries gathered to learn and share ways to create an enabling environment to support SMEs and financial inclusion as Cambodian finance specialists say access to financing remains a major challenge ...

Thai Sothea
https://kiripost.com/stories/global-finance-forum-aims-to-support-cambodias-smes

IFC may provide ACLEDA $200 mn to help female entrepreneurs and SMEs

ACLEDA Bank Plc has proposed a five-year, $200 million blended finance investment from the World Bank Group’s International Finance Corporation (IFC), disclosure documents reveal. ...

Husain Haider
https://www.khmertimeskh.com/50825874/ifc-may-provide-acleda-200-mn-to-help-female-entrepreneurs-and-smes/

ACLEDA awarded credit upgrade by ratings agency

ACLEDA Bank (CSX: ABC)’s standalone credit profile has been upgraded by global ratings agency, Standard & Poor’s (S&P) from ‘bb-’ to ‘bb’ with the bank’s overall credit rating listed as a B+. ...

Harrison White
https://www.khmertimeskh.com/50795387/acleda-awarded-credit-upgrade-by-ratings-agency/

Acleda, CDB ink $130M credit facility pact

Acleda Bank Plc, Cambodia’s largest locally-owned commercial bank, has signed a $130 million long-term facility agreement with Chinese state-owned China Development Bank Corp (CDB), the world’s largest development bank by assets, it said in a press release on Friday. ...

Thou Vireak
https://www.phnompenhpost.com/business/acleda-cdb-ink-130m-credit-facility-pact

Acleda among Top 100 banks

Aceleda Bank was the only Cambodian bank to make The Banker’s Top 100 ASEAN Banks 2016 list, and saw the largest jump up the rankings among all entries, securing the 88th position on the financial publication’s annual list, up from 97th last year. ...

Sor Chandara
http://www.phnompenhpost.com/business/acleda-among-top-100-banks

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