​Acleda posts $127M in profits last year | Phnom Penh Post

Acleda posts $127M in profits last year

Business

Publication date
14 February 2017 | 08:25 ICT

Reporter : Post Staff

More Topic

ACLEDA Bank, Cambodia’s largest financial institution, experienced another windfall year with net profit increasing by 17 percent to $127 million, according its 2016 consolidated income statement, released yesterday.

Total assets grew to over $4.6 billion, representing a nearly 17 percent surge compared to the previous year.

The bank’s loan portfolio grew by 12 percent in 2016, while customer deposits increased 16 percent. The loan-to-deposit ratio remained above 100 percent for the second year running.

Contact PhnomPenh Post for full article

SR Digital Media
#41 St 228, Phum 4 Sangkat Boeng Rang, Khan Doun Penh, Phnom Penh Cambodia

Tel: Celcard: 078 555 166/ 078 555 133
Smart: 086 822 999 / 086 277 999

Copyright © All rights reserved, The Phnom Penh Post