Logo of Phnom Penh Post newspaper Phnom Penh Post - Acleda’s third quarter profit sits at $27.06M

Acleda’s third quarter profit sits at $27.06M

Acleda’s third quarter profit sits at $27.06M

Cambodia's largest bank Acleda Bank yesterday announced its third quarter results for 2015, reporting $27.06 million in profit for the quarter, up almost 50 per cent as compared to the same period last year.

Profit for the first nine months of the year reached $79.5 million, registering a 46 per cent increase year-on-year.

The bank has continued to increase its deposit base, with customer deposits now reaching $2.24 billion as of September 2015, while loans and advances given out by the bank were $2.35 billion during the same period.

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