ACLEDA Bank

Introduction

The ACLEDA Bank is a bedrock of the financial system of Cambodia and is renowned worldwide as the biggest domestic commercial bank in Cambodia. It has played a crucial and significant part in the overall growth and development of the economy of Cambodia, starting right from the establishment of the institute. Although it is best known for banking, it operates in a related area of securities broking, with a subsidiary of the company dealing with it.

Historical Context

ACLEDA Bank Plc. has been rooted since 1993 in a form that began as an "Association of Cambodian Local Economic Development Agencies (ACLEDA)," which was originally created to offer micro-credits to victims of a war under a project that received funding from the United Nations. Over time, however, the institution evolved from a micro-financing institution to what is now Cambodia’s largest domestic commercial bank.

Headquartered in Phnom Penh, ACLEDA Bank has grown its presence remarkably with a current network of 261 offices across Cambodia, 42 offices in Laos, and 7 offices in Myanmar. As of December 31, 2017, its total assets, along with deposits and loans, surpassed $5.2 billion, $3.1 billion, and $3.1 billion, respectively, with over 1.7 million depositors. The outreach of ACLEDA Bank has been possible with a robust leadership team with President and Group Managing Director In Channy, a founding member since 1992, at its helm.

Key Features & Offerings

ACLEDA Bank provides a wide array of banking products to serve the requirements of all types of customers including individuals, businesses, as well as microfinance. Banking products offered by this financial institution include general products such as savings and deposit products, loans, as well as microfinance products.

Securities Brokerage

Although ACLEDA Bank does not offer trading brokerage services per se, its wholly-owned subsidiary is ACLEDA Securities Plc., a major market participant operating as a Securities Selling Agent on the Cambodia Securities Exchange (CSX), trading on behalf of various investors. ACLEDA Securities offers online trading accounts using the ACLEDA Mobile application, providing hassle-free investing access to capital markets in the country.

In addition, ACLEDA Securities provides resources for clients to invest in collective investment schemes. These include the Asia BAMC Equity Fund.

ACLEDA BANK operates within a legal framework set out under Cambodia’s Banking and Financial Institutions Law, regarded as the largest bank based on assets, as per the National Bank of Cambodia. As for ACLEDA Securities, it operates under a brokerage business licensed and controlled by the Securities and Exchange Commission of Cambodia, also licensed by the National Bank of Cambodia.

Apart from that, the company has been approved as a “Distributor Company” of funds under the Collective Investment Schemes (CIS) as of July 2024. This shows the growing importance of the company in the financial markets of Cambodia.

Entity Regulator

ACLEDA Bank Plc. National Bank of Cambodia operation licensed by Banking and Financial Institutions Law; largest bank by assets

ACLEDA Securities Plc. SEO of Cambodia (SECC) Licensed Securities Broker; Authorized by National Bank of Cambodia; CIS Distributor (July 2024)

Trading Conditions & Technology Platform

DTMTA provides

Trading Conditions

In

The specific terms of trading, including spreads, leverage, initial deposit, and commissions, are not publicly disclosed for ACLEDA Bank. But for ACLEDA Securities, clients can trade on the Cambodia Securities Exchange, with transactions in Khmer Riel, in US dollars, through a mechanism launched in January 2024.

Technology

Platform Technology

ACLEDA Bank employs cutting-edge fintech technologies to improve its customer experience. ACLEDA Mobile, which has more than 5 million downloads and an average rating of 4.4/5, enables its users to conduct banking and securities trading services. Effective as of May 2024, the application now has the CSX Mobile Trading service that enables its users to monitor and trade securities through their mobile phones.

Feature

Trading Instruments stocks on the Cambodia Securities Exchange (CSX)

Trading Currency Khmer Riel (Trading), USD (

Platform ACELCDA Mobile Application with integrated CSX Mobile Trading

Account Opening Online through the ACLEDA Mobile app (available since October 2024

Fee Structure

There is very limited publicly available information about the fee structure the ACLEDA Bank charges for its trading or banking activities. Information about such things as deposit fees, withdrawal fees, inactivity fees, or other commissions is unknown. Customers seeking such information can contact the ACLEDA Bank directly or seek information from the ACLEDA Securities regarding brokerage fees.

Fee Type Details

Deposit Fees No information available

Withdrawal Fees: Not publicly specified

Commission Not publicly specified

Inactivity Fee Not publicly specified

The End-User Experience and Market Reputation

ACLEDA Bank has an excellent reputation as the leading commercial bank in Cambodia; this is due to its vast branch network and service delivery. The mobile banking platform offered by ACLEDA Bank is quite popular among its customers; however, there have been reports of some flaws, including difficulties in transferring and problems in uploading receipts. The bank also offers a 24/7 call service center.

Within the field of securities brokerage, ACLEDA Securities has acquired recognition as a premier brokerage firm in Cambodia with the receipt of the Best Securities Broker Award for Q2-2024 from the Cambodia Securities Exchange.

Recent Developments

ACLEDA Bank Group and its security unit have achieved significant milestones in 2024 and 2025 in their efforts to improve their service delivery and technology. These milestones include:

• Integration of CSX Mobile Trading into the ACLEDA Mobile application (May 2024)

• Khmer Riel Trading with Settlement in US Dollars at CSX (January 2024)

• Approval of ACLEDA Securities as a Distributor Company of Collective Investment Schemes (July 2024)

• Online trading account openings via the ACLEDA Mobile app (October 2024)

• Best Securities Broker award by CSX for Q2 2024 (August 2024)

• Sustained improvements and fixes in the apps, further enhanced in May 2025

Abstract

ACLEDA Bank continues to be a major player in the financial sector in Cambodia, having a rich history as well as a progressive approach to banking and securities. Though the details on the direct trading brokerage of ACLEDA Bank are not available, its subsidiary, ACLEDA Securities, has a comprehensive platform for accessing the capital market in Cambodia.

Having a strong position within the market, as well as extensive branch coverage, and ongoing technology improvements, ACLEDA Bank remains poised to continue to meet the needs of its customers as well as investors.