Dear Editor,

In reference to the article “ABA needs no security” published in The Phnom Penh Post (February 1, 2010), ABA Bank would like to clarify that while it is competitive in terms of collateral requirements, the bank does not provide loans without security as standard practice.

Instead, ABA offers three different formats of business loan that offer effective assessment of requirements based on the quality of a client’s business plan as well as their ability to make repayments using income generated from their business rather than the collateralised assets used to secure the loans.

Every case is as unique as the businesses of our clients, and ABA carefully provides secure financing based on a selective but efficient process.

For more information, please visit www.ababank.com, email: [email protected] or call 023 720 435 / 098 203 203

Juveris Teniso

Chief marketing officer

ABA Bank

Send letters to: [email protected] or PO?Box 146, Phnom Penh, Cambodia. The Post reserves the right to edit letters to a shorter length.The views expressed above are solely the author’s and do not reflect any positions taken by The Phnom Penh Post.