ABA Bank supports Samdech Techo Project for landmine-free Cambodia by contributing $200,000
ABA Bank, the largest Cambodian commercial bank, signed a Memorandum of Understanding (MoU) with the Cambodian Mine Action and Victim Assistance Authority (CMAA). ABA makes a charitable contribution of US$200,000 to the Samdech Techo Project for Mine Action. This fund will be used to boost the mine clearance work to achieve the country's goal of becoming a mine-free nation by 2025.
The MoU signing ceremony was presided over by H.E. Ly Thuch, Senior Minister of the Royal Government of Cambodia and First Vice-President of CMAA, Mr. Askhat Azhikhanov, Chief Executive Officer of ABA Bank, and other distinguished guests at ABA Bank Headquarters.
Commenting on the MoU, Askhat Azhikhanov said, "The Cambodian Mine Action and Victim Assistance Authority has saved many lives throughout the country from mines and explosive remnants of war. We at ABA are grateful for their hard work and fully supportive of the "Samdech Techo Project for Mine Action" (STP-MA) initiative by the Prime Minister to achieve the goal of a mine-free Cambodia by 2025.”
"We hope our modest contribution will help this incredible work to save lives and provide safe access to land, infrastructure, basic social services, irrigation, and clean water," he added.
“On behalf of Prime Minister, I would like to thank ABA Bank for its charitable contributions of US$200,000 to the “national movement” demining funds initiated under the “Samdech Techo Project for Mine Action. Providing Safe Ground, Creating Smiles”. This MoU will significantly contribute to the Cambodian people to live in a mine-free country. People can join hands to get rid of remnants of war, and clear unexploded ordnance by donating to the CMAA ABA account.” said H.E Ly Thuch, Senior Minister of the Royal Government of Cambodia and First Vice-President of CMAA.
CMAA was established in 2000 under the direct leadership of Prime Minister Hun Sen for regulating, monitoring, and coordinating all demining activities.
In addition to the US$200,000 donation, ABA will soon enable the opportunity for more than 2 million of its ABA Mobile users to donate to CMAA directly right from the mobile app free of charge.
In line with its Corporate Social Responsibility values, ABA Bank regularly participates in donations and charity programs to benefit the people and communities. Specifically, the Bank recently donated US$200,000 to the Cambodian Red Cross for its humanitarian activities and supported the Samdech Techo Voluntary Youth Doctor Association (TYDA) on providing free medical treatment and healthcare to rural communities across the country and the Association of Samdech Kittiprittbandit Scholarship Students (AMT) for supporting bright and gifted Cambodians via scholarships, educational programs, and financial assistance schemes with US$100,000 to each Association, as well as donated US$1,000,000 in April 2021 to support the Royal Government's efforts to stop the spread of Covid.