Subscribe Search

Search form

Logo of Phnom Penh Post newspaper Phnom Penh Post - Acleda seeks bidders for ATM drive

Acleda seeks bidders for ATM drive

Acleda seeks bidders for ATM drive

Cambodia’s largest commercial bank, Acleda, plans to instal 30 automatic teller machines (ATMs) this year as the bank expects about a million new depositors during the
coming year.

Acleda president and chief executive In Channy told the Post yesterday additional ATMs would be installed in Phnom Penh, in several provinces and in district-level offices in response to the increase
in clients.

The bank was looking for bidders to instal these machines this year, Channy said.

“We will extend gradually because of the increase of our clients,” he said. “We see there are long lines of clients waiting at ATMs. We will instal the new machines to make it easier to withdraw money.”

National Bank of Cambodia director-general Nguon Sokha said the number of ATMs would increase because of the establishment of new banks in the Kingdom and because existing banks and micro-finance institutions were extending their services.

The Post reported at the end of 2011 there were 500 ATMs across the country. The number rose to 613 at the end of the first quarter of 2012.

RECOMMENDED STORIES

  • Thy Sovantha threatens new suit

    Social media celebrity and card-carrying CPP member Thy Sovantha yesterday said she will file a lawsuit against wildlife NGO head Suwanna Gauntlett alleging discrimination after the latter allegedly denied her access to an ecotourism program the group is launching today in Koh Kong province. The

  • Police raid Siem Reap party, arrest 10 foreigners over ‘pornographic’ images

    A group of 10 foreign tourists appeared in court today after being arrested for producing “pornographic” photos in Siem Reap town on Thursday, while dozens more were detained temporarily and let go after being lectured on their behaviour, according to authorities. A report posted to the

  • Hun Sen’s in-law removed from RCAF after cockfighting rings raided

    Thai Phany, the nephew-in-law of Prime Minister Hun Sen who is accused of running two large cockfighting rings, has been removed as a general in the Royal Cambodian Armed Forces. Phany, formerly a one-star brigadier general, was removed by royal decree on December 19, according to

  • Government approves plan to relocate Phnom Penh’s airport

    The government has signed off on a proposal to build a new airport to serve Phnom Penh and has earmarked land in Kandal province for the $1.5 billion project. A new international airport to replace the existing Phnom Penh International Airport will be constructed on partially