Net Profits at Acleda Bank Increased by 86% in 2011

31 March 2012
The Cambodia Daily
Agriculture and fishing / Banking and financial services / Economy and commerce
ACLEDA / ACLEDA Bank

Net profits at Acleda Bank increased by 86% to $49.4 million in 2011 as the company grew both its deposits and loan portfolio. In a statement released on Friday, Acleda said that loans grew by 35.4 percent to $989.4 million, while deposits at the bank grew by 25.9 percent to $1.15 billion. In Channy, CEO of Acleda Bank, said the strong growth in profits was due to the bank’s bullish strategy to disburse loans in all of the major sectors of the economy, particularly in agriculture and trade. …

Contact us

Ask Question
Report Problem
Share Idea
Send Feedback
Submit Resources

Do you have questions on the content published by Open Development Cambodia (ODC)? We will gladly help you.

Have you found a technical problem or issue on the Open Development Cambodia (ODC) website?

Tell us how we're doing.

Do you have resources that could help expand the Open Development Cambodia (ODC) website? We will review any map data, laws, articles, and documents that we do not yet have and see if we can implement them into our site. Please make sure the resources are in the public domain or fall under a Creative Commons license.

View | Delete

File was deleted

ERROR!

Please add the code:

* The idea box couldn't be blank! * The email address is not valid! Something's gone wrong, Please Resubmit the form! Please add the code correctly first.