ABA Bank Opens Its 10th Branch In Cambodia
On Saturday, 3rd December 2011, the inauguration of ABA Bank’s Kampong Cham Branch took place with the official license giving and ribbon cutting presided over by H.E. Pal Buy Bonnang Banking Supervision General Director of National Bank of Cambodia, and H.E. Lon Lim Thai, Deputy Provincial Governor.
The Kampong Cham branch is the third provincial branch of ABA bank outside Phnom Penh. The branch is situated at the heart of city’s business district and will be providing a wide access of high quality financial services and a full range of banking products including deposits, loans, remittance, cards and more catering the needs of fast growing business activities in this part of the country.
The opening of Kampong Cham Branch demonstrates the banks strong growth and success coinciding with the Bank’s 15th anniversary and recent Asian Banking & Finance Retail Banking Awards in the category of the “Retail Bank of the Year”.
ABA Bank now has 10 full service branches in Phnom Penh, Siem Reap, Battambong and Kampong Cham and will still be growing opening new branches in the provinces in the future.
For further information about ABA Bank or the new Central Branch, please contact 023 225 333 or email at info(at)ababank.com.
About ABA Bank:
ABA Bank was established in Cambodia in 1996 and has since expanded with an ever-growing network of ATMs and other advanced banking technologies such as iBanking and eCare.
ABA has been the fastest organically growing bank in Cambodia for the last two years with assets growing from $60.40 million to $196.7 million from November 2009 to November 2011. Bank deposits grew by a rate of nearly four times from $40.6 million at the end of November 2009 to $160 million in November 2011 whilst ABA also increased the amount of loans extended from $26.5 million to $94.5 million by November 2011.
ABA currently provides its customers with an extensive suite of products including flexible deposit accounts, business and micro loans, retail loans (car loan, motorbike loan, house loan), trade finance facilities, iBanking, Visa and MasterCard.