econ
Cambodia
ACLEDA Bank

ACLEDA Bank

BankingNo. 1 in CambodiaCambodia
Founded
1993
Headquarters
Phnom Penh, Cambodia
Ticker
n/a
Sector
Banking

Stock performance

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History

ACLEDA Bank was founded as a microfinance NGO in the aftermath of Cambodia's civil-war era to extend credit to small businesses and grew, through a series of transformations culminating in a full commercial banking license in 2003, into the largest bank in Cambodia, one of the most notable microfinance-to-commercial-bank success stories in Southeast Asia.

Business model

ACLEDA Bank provides retail, small-business, and corporate banking services across Cambodia, operating the country's largest banking network with particular strength in small and medium-sized enterprise lending inherited from its microfinance origins.

Market position

ACLEDA Bank is the largest bank in Cambodia by branch network and customer base, holding a leading position built substantially on its historical strength in microfinance and small-business lending.

Country impact

ACLEDA Bank is the largest financial institution in Cambodia, and its transformation from a post-conflict microfinance NGO into the country's dominant commercial bank is widely cited as one of the most significant Cambodian economic development success stories since the 1990s.