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May 05, 2015 7:43 AM ET

Banks

Company Overview of ACLEDA Bank Plc.

Company Overview

ACLEDA Bank Plc., together with its subsidiaries, provides various banking and financial services to citizenry, and small and medium size enterprises. Its deposit products comprise savings, demand deposit, current, fixed deposit, corporate deposit, Euro flex, securities, individual retirement, health savings, and education savings accounts, as well as trust accounts for real estate. The company’s loan portfolio includes micro business loans, small business loans, medium business loans, overdrafts, personal loans, revolving credit lines, credit lines, project finance, housing loans, home improvement loans, car loans, student loans, and motorbike loans, as well as credit cards and trade loans....

#61, Preah Monivong Boulevard

Sangkat Srah Chork

Khan Daun Penh

PO Box 1149

Phnom Penh,  

Cambodia

Founded in 1993

10,397 Employees

Phone:

855 23 998 777

Fax:

855 23 998 666

Key Executives for ACLEDA Bank Plc.

Founder, Chief Executive Officer, President, Group Managing Director, Director and Member of Assets & Liabilities Committee
Age: 54
Founder, Chief Financial Officer, Executive Vice President, Director, Member of Assets & Liabilities Committee, Member of Management Credit Committee and Member of Interest & Price Setting Committee
Age: 60
Founder, Chief Treasury & International Officer, Executive Vice President, Chairman of Management Assets & Liabilities Committee, Chairman of Interest & Price Setting Committee, Member of Assets & Liabilities Committee and Member of Management Credit Committee
Age: 59
Chief Operations Officer, Executive Vice President, Chairman of Steering Committee for Electronic Banking System, Member of Management Credit Committee, Member of Interest & Price Setting Committee and Member of Management Assets & Liabilities Committee
Age: 51
Chief Administrative Officer, Executive Vice President and Chairman of Training Committee
Age: 58
Compensation as of Fiscal Year 2014.

ACLEDA Bank Plc. Key Developments

ACLEDA Bank plc announces Board Changes

ACLEDA Bank Plc. on October 16, 2014, announced that its board of directors has appointed John Brinsden to replace Chea Sok as chairman. Chea, a former deputy governor of the National Bank of Cambodia, has led the board since the transformation of ACLEDA Bank to a registered bank, while Brinsden started as vice chairman in 2000.

Sumitomo Mitsui Banking May Buy Stake In ACLEDA

Sumitomo Mitsui Banking Corporation will acquire more than 12% of ACLEDA Bank Plc. as early as September 2014. Sumitomo Mitsui Banking will purchase a 12.25% stake from International Finance Corporation for slightly more than $96.6 million.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
August 18, 2014
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