Grand Opening of Pursat Branch New Office

ACLEDA Bank's Pursat Branch; located along National Road No. 5, Group 4, Sthany Village, Sangkat Svay Ath, Pursat Municipality, Pursat Province, Cambodia; celebrates grand opening of its new office presided over by the Governor of Pursat Province, Royal Ambassador of the United Kingdom, Ambassador of the Republic of France, all levels of authorities, Board of Directors & Management of ACLEDA Bank as well as many other distinguished guests.

Mr. HEANG Hay, Vice President and Manager of ACLEDA Bank's Pursat Branch, stated "by April 30, 2011, we have 6 offices, 102 staffs, total assets of over US$7.6 million, 7,254 customers crediting over US$10 million, 10,971 customers depositing over US$7 million and many other customers using other services including ACLEDA Unity. Especially, we have an ATM to serve customers holding ACLEDA Card, ACLEDA VISA Debit Card, and other banks' VISA cards globally."

"Now Pursat Branch has moved to this new commercial bank's standard for security, fire prevention, energy reserve, convenience and sound environment. This is a remarkable achievement in Pursat Branch during this year and shows the strength and ongoing improvement in serving best financial services to meet the needs of all customers," he added.

During this great occasion, Mr. IN Channy, President & CEO of ACLEDA Bank Plc., said "sustainability is a vital vision of ACLEDA Bank. It was founded with sustainability focus for over 18 years providing exclusive financial services for all — both private and public sectors. This continues to be our guiding principle today throughout the 249 branches and offices in the Kingdom of Cambodia and the Lao PDR."

He also expressed his grateful and warmest thanks to the Royal Government, the National Bank of Cambodia, the authorities, shareholders, staffs, and over a million loyal customers who had always supported ACLEDA Bank. Hence, the bank could increase its assets from only US$22.3 million in December 2000 to US$1,312 million as of April 30, 2011 including this upgraded building. In response to their needs, ACLEDA Bank launched the first modern service in Cambodia called "ACLEDA Unity," the virtual bank in your hand.

"ACLEDA Bank has created its subsidiaries such as ACLEDA Securities Plc. and four agencies (Securities Registrar, Paying Agent, Securities Transfer Agent and Cash Settlement Agent), gathering momentum in boosting the development in securities sector and economic growth. Meanwhile, ACLEDA Bank has also created the ACLEDA-ASEAN Regional Microfinance Training Center in order to develop Human Resources and share all experiences and successes in microfinance sector to all operators and regional microfinance institutions," he added.

H.E. KHOUY Sokha, the Governor of Pursat Province and the adviser to Samdech Akkak Moha Sena Padei Techo Hun Sen, said "ACLEDA Bank's Pursat Branch has been established while the economy of Cambodia, especially of Pursat province, is being grown, stabilized and developed over the expectation. It is the evidence of the growth and solidarity and shows the contribution in developing the economy of Cambodia, particulary of Pursat province. It has provided many benefits to all residents and businessmen in Pursat province through its financing and products. This is the main key in generating job, income, economic development and promoting people's living standard."