Acleda Bank

Type: Organization
Name: Acleda Bank
First reported 19 hours ago - Updated 19 hours ago - 1 reports

Banks warned of cyberthreat

Cambodia's financial sector has been urged to act quickly to install stronger cybersecurity protections amid concerns over the country’s appetite for counterfeit software.Representatives from the Cambodian government, Microsoft and the US Federal Bureau ... [Published Phnom Penh Post - 19 hours ago]
First reported Oct 07 2014 - Updated Oct 07 2014 - 1 reports

Oracle Reinvents Database Protection

Larry Ellison, Oracle executive chairman and chief technology officer in his opening keynote at Oracle OpenWorld, recently, announced the general availability of Oracle’s Zero Data Loss Recovery Appliance, the world's first and only engineered system ... [Published NigeriaCommunicationsWeek - Oct 07 2014]
First reported Oct 06 2014 - Updated Oct 06 2014 - 1 reports

Credit to hit $30B by ’20: MSP

Cambodia's outstanding credit balances could more than triple in size over the next six years, according to a report published by investment firm Mekong Strategic Partners (MSP).Driven by a nominal GDP growth outlook of 11 per cent and continued “financial ... [Published Phnom Penh Post - Oct 06 2014]
First reported Sep 30 2014 - Updated Sep 30 2014 - 1 reports

Property tax revenue for this year tops $1M

With the deadline for property owners to pay their dues passing today, Acleda Bank – one of two agencies collecting tax for the government – has received over $1 million in property tax payments this financial year.So Phonnary, executive vice president ... [Published Phnom Penh Post - Sep 30 2014]
First reported Sep 28 2014 - Updated Sep 29 2014 - 2 reports

Consumerism Booms As Cambodia Embraces Once-forbidden Capitalism

By Prak Chan Thul PHNOM PENH (Reuters) - Chy Sila has come a long way since he invested his $500 life savings in a small shop in Cambodia's capital to sell bootleg music and pirated movies. Fast-forward 16 years and Cambodians are now watching the ... [Published Clusterstock - Sep 28 2014]
First reported Sep 29 2014 - Updated Sep 29 2014 - 1 reports

PM to Open Cambodia's International Investment Conference 2014

Press Releases PHNOM PENH, Cambodia, 29 September 2014 -- /PRNewswire/ -- Cambodia's Prime Minister Akka Moha Sena Padei Techo Hun Sen will officially open the country's premier international investment conference in Phnom Penh next month (October), according ... [Published Scoop Asia - Sep 29 2014]
First reported Sep 23 2014 - Updated Sep 23 2014 - 1 reports

PM to Open Cambodia's International Investment Conference 2014

PHNOM PENH, Cambodia, Sept. 23, 2014 /PRNewswire/ -- Cambodia's Prime Minister Akka Moha Sena Padei Techo Hun Sen will officially open the country's premier international investment conference in Phnom Penh next month (October), according to the event's ... [Published Yahoo! Finance - Sep 23 2014]
First reported Sep 19 2014 - Updated Sep 19 2014 - 1 reports

MICROCAPITAL BRIEF: International Finance Corporation (IFC) Acquires Minority Stake in Brazilian Insurer Austral Participações for $36m to Support Sectors such as Agriculture

The International Finance Corporation (IFC), the private-investment arm of the US-based World Bank Group, recently announced that it has invested BRL 80 million (USD 36 million) to acquire a minority stake in the Brazilian firm Austral Participações, ... [Published MicroCapital - Sep 19 2014]
First reported Aug 28 2014 - Updated Aug 28 2014 - 1 reports

MICROCAPITAL BRIEF: Japanese Sumitomo Mitsui Banking Corporation (SMBC) Announces Purchase of $110m Equity Stake in Cambodian Acleda Bank from International Finance Corporation (IFC)

Sumitomo Mitsui Banking Corporation (SMBC), a Japanese financial services company, reportedly announced plans to purchase a 12.25-percent equity stake consisting of approximately 27.6 million shares in Acleda Bank (Acleda), a Cambodian commercial bank, ... [Published MicroCapital - Aug 28 2014]
First reported Aug 27 2014 - Updated Aug 27 2014 - 1 reports

Government Ministers, Business Leaders and Economists Confirmed for Cambodian Investment Conference

PHNOM PENH, Cambodia, Aug. 27, 2014 /PRNewswire/ -- Agriculture, manufacturing, banking and real estate will be among the key business sectors to be discussed at the upcoming International Business Chamber of Cambodia (IBC) Investment Conference.The conference ... [Published Yahoo! Finance - Aug 27 2014]
First reported Aug 18 2014 - Updated Aug 18 2014 - 2 reports

SMBC to become top stakeholder in biggest Cambodian bank

Sumitomo Mitsui Banking Corp. plans to acquire a stake of 12.25 percent in Acleda Bank, the largest commercial bank in Cambodia, for over ¥10 billion [$97.6 million] to become its top shareholder, sources said Monday.Pending approval by regulatory authorities ... [Published Khmerization - Aug 18 2014]
First reported Jul 20 2014 - Updated Jul 20 2014 - 1 reports

Acleda banks futsal title by clipping Wing in grand final

Acleda Bank were crowned champions of the 2014 Financial Challenge Cup after beating Wing 4-2 in the final at Beeline Arena yesterday morning. Goals from Thom Senat and Oun Viputh handed Acleda the lead in the first half. However, Wing struck back ... [Published Phnom Pehn Post - Jul 20 2014]
Entities: Acleda Bank, Bank, Sport

Quotes

"Cambodia's impressive growth is encouraging more and more companies to look at Cambodia as a place to set up their business or to expand their reach" said IBC Chairman Brett Sciaroni
...Samnang, waiting with her sick daughter at the city's foreign-funded Kantha Bopha Hospital, which provides free treatment to millions of poor. "In rural areas, there's no development, we just work on farms."
"The middle class is growing," said Aeon spokesman Satoshi Otsuka. "The average age for Cambodians is early 20s and they're fashion-conscious."
"This will be one of the most important discussions at the conference -- with investors constantly monitoring the political and legal situation in Cambodia as they make their investment decisions. The recent political breakthrough will be a big boost for investors who want to see similar breakthroughs in the legal landscape" Mr. Sciaroni says

More Content

All (20) | News (11) | Reports (0) | Blogs (9) | Audio/Video (0) | Fact Sheets (0) | Press Releases (0)
sort by: Date | Relevance
Banks warned of cyberthreat [Published Phnom Penh Post - 19 hours ago]
Oracle Reinvents Database Protection [Published NigeriaCommunicationsWeek - Oct 07 2014]
Credit to hit $30B by ’20: MSP [Published Phnom Penh Post - Oct 06 2014]
Property tax revenue for this year tops $1M [Published Phnom Penh Post - Sep 30 2014]
Oracle Reinvents Database Protection with Zero ... [Published MarketWired - Sep 29 2014]
PM to Open Cambodia's International Investment ... [Published Scoop Asia - Sep 29 2014]
Consumerism Booms As Cambodia Embraces Once-for... [Published Clusterstock - Sep 28 2014]
FEATURE-Consumerism booms as Cambodia embraces ... [Published CNBC - Sep 28 2014]
PM to Open Cambodia's International Investment ... [Published Yahoo! Finance - Sep 23 2014]
MICROCAPITAL BRIEF: International Finance Corpo... [Published MicroCapital - Sep 19 2014]
MICROCAPITAL BRIEF: Japanese Sumitomo Mitsui Ba... [Published MicroCapital - Aug 28 2014]
Government Ministers, Business Leaders and Econ... [Published Yahoo! Finance - Aug 27 2014]
SMBC to become top stakeholder in biggest Cambo... [Published Khmerization - Aug 18 2014]
SMBC invests in Cambodia [Published BvDEP Zephyr Editorial News - Aug 18 2014]
Acleda banks futsal title by clipping Wing in g... [Published Phnom Pehn Post - Jul 20 2014]
MICROCAPITAL BRIEF: ANZ Royal Bank, Microfinanc... [Published MicroCapital - Jun 20 2014]
ADB lends 75 mln USD to Cambodian bank to suppo... [Published Khmerization - May 29 2014]
20 East Asia firms named global growth units [Published Philippine Daily Inquirer - May 21 2014]
MICROCAPITAL BRIEF: Saving for Change Reaches 8... [Published MicroCapital - Apr 28 2014]
Global Microfinance Market Is Expected to Reach... [Published PRWeb - Feb 05 2014]
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sort by: Date | Relevance
Consumerism Booms As Cambodia Embraces Once-for... [Published Clusterstock - Sep 28 2014]
By Prak Chan Thul PHNOM PENH (Reuters) - Chy Sila has come a long way since he invested his $500 life savings in a small shop in Cambodia's capital to sell bootleg music and pirated movies. Fast-forward 16 years and Cambodians are now watching the ...
MICROCAPITAL BRIEF: International Finance Corpo... [Published MicroCapital - Sep 19 2014]
The International Finance Corporation (IFC), the private-investment arm of the US-based World Bank Group, recently announced that it has invested BRL 80 million (USD 36 million) to acquire a minority stake in the Brazilian firm Austral Participações, ...
MICROCAPITAL BRIEF: Japanese Sumitomo Mitsui Ba... [Published MicroCapital - Aug 28 2014]
Sumitomo Mitsui Banking Corporation (SMBC), a Japanese financial services company, reportedly announced plans to purchase a 12.25-percent equity stake consisting of approximately 27.6 million shares in Acleda Bank (Acleda), a Cambodian commercial bank, ...
SMBC to become top stakeholder in biggest Cambo... [Published Khmerization - Aug 18 2014]
Sumitomo Mitsui Banking Corp. plans to acquire a stake of 12.25 percent in Acleda Bank, the largest commercial bank in Cambodia, for over ¥10 billion [$97.6 million] to become its top shareholder, sources said Monday.Pending approval by regulatory authorities ...
SMBC invests in Cambodia [Published BvDEP Zephyr Editorial News - Aug 18 2014]
Sumitomo Mitsui Banking (SMBC) is snapping up a minority stake in Cambodia’s largest lender Acleda Bank as the top tier Japanese institution seeks to advance a business alliance which started in August 2012. ... ...
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