Logo of Phnom Penh Post newspaper Phnom Penh Post - Acleda’s first-quarter profits up 21 per cent

Acleda’s first-quarter profits up 21 per cent

Acleda’s first-quarter profits up 21 per cent

ACLEDA Bank announced its first-quarter results for 2016 on Friday, reporting $30.19 million in profit for the quarter, up almost 21 per cent compared to the same period last year.

The bank has continued to increase its deposit base, with customer deposits at $2.54 billion as of the end of March 2016, while loans and advances given out by the bank reached a total of $2.67 billion.

Acleda Bank is Cambodia’s largest bank by assets, and among the Top 100 in ASEAN, according to The Banker’s financial website.

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