News

Acleda profiting in foreign markets

Acleda Bank’s foreign operations in Laos and Myanmar performed well during the first quarter of 2017 while recording strong net profits last year, leading the bank to seek further regional expansion, according to a senior executive. Acleda has 41 commercial branches in Laos and six MFI ...

Fast-growing Cambodian bank eyes cross-border growth

When In Channy took over the Association of Cambodian Local Economic Development Agencies (Acleda) in 1993 he found himself managing an odd assortment of loan officers. “I was from a refugee camp in Thailand, some of my colleagues used to work for the government, and ...

Local home loans survive a slowdown

Commercial banks saw strong growth in housing loans last year despite a slowdown in the real estate sector, which could have a knock-on effect and threaten the growth of the country’s services.​ According to a Ministry of Economy and Finance report released late last month, ...

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