A senior official at ACLEDA Bank is reassuring new and old customers that assets are safe with the financial institute for two main reasons.

Firstly, ACLEDA Bank has billions of dollars of current assets, and in addition it is backed by key and well-known international shareholders, according to Mar Amara, ACLEDA’s Senior Executive Vice President and Group Chief Financial Officer.

“ACLEDA Bank is the best partner when it comes to safeguarding clients’ assets,” said Amara, “And the reason is that it’s the first commercial bank to be listed on Cambodia’s stock exchange market.”

Mar Amara is ACLEDA Bank’s senior executive vice president and group chief financial officer. Kiripost via Acleda Bank Plc.

“The bank is also expanding and modernizing its products and services to meet the clients’ needs for digital banking,” added the senior executive vice president.

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With the support of the National Bank of Cambodia (NBC), ACLEDA Bank has successfully rolled out digital payment for Khmer Riels via QR Code in Thailand, and is working towards setting up digital payment systems in Laos and Vietnam to enable payments in Khmer Riel via QR codes.

Also, ACLEDA Bank has been officially recognized as a custodian agent in the security sector by the Securities and Exchange Regulator of Cambodia (SERC).

As a registered custodian agent, the bank is authorized to provide custodian services in the securities sector, which consist of Cash Custody Account, Securities Custody Account, and Services of Custodian Agent.

ACLEDA Bank Plc. is one of Cambodia’s oldest and largest banks. It has four subsidiaries: ACLEDA Institute of Business, ACLEDA Securities Plc., ACLEDA Bank Lao Ltd., and ACLEDA MFI Myanmar Co., Ltd, as well as representative offices in Myanmar. The bank has a total of 264 branches in Cambodia; 37 branches in Laos; and 17 branches in Myanmar. [Partnered Content]