Rating agency says Acleda not affected by recent surge in withdrawals

30 July 2013
The Cambodia Herald
Banking and financial services / Economy and commerce
Acleda Bank Plc / ATMs / bank deposits / banking / banking system / Banks / credit rating / Elections / Financial Services / protests / rating agency / Standard & Poor's

Standard & Poor's Ratings Services said Tuesday that its single-B ratings and stable outlook for Cambodia's Acleda Bank Plc were "unaffected" by a recent surge in ATM cash withdrawals.

A statement from Singapore said Sunday evening withdrawals after polls closed in national elections were about $4 million, two to three times the usual daily rate, and that some machines had been emptied. ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=NjZmOWY5OTFhN2I

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