ABA Bank wins - Cambodian Retail Bank of the Year!

Singapore, 20 July 2011: The region's best banks were recognized at this year's Asia Banking & Finance Retail Banking Awards held in Singapore. More than 150 bankers from around Asia were on hand to cheer on the winners at Asia's most prestigious retail banking awards with ABA Bank winning the "Cambodia Retail Bank of the Year" award.

ABA Bank Deputy Chief  Executive Officer Mr. Askhat Azhikhanov commented on the occasion, "This is the first year that Cambodia's financial institution has been selected in the category of the "Retail Bank of the Year" in the history of Asia Banking & Finance Retail Banking Awards. This award reflects the success and financial achievements of all banks from Cambodia and we are proud to represent Cambodia and the banking industry on the international stage. As an established bank with a fast-growing branch network, our aim is to deliver a reliable, yet dynamic and innovative banking service to our clients. We draw on the expertise from within to provide our customers with the best banking products and services. This award is recognition of our efforts and our goal is to maintain sustainable growth across all our networks."

According to ASIA Banking & Finance, the nominations were screened by the top partners of different firms in Asia (PwC, KPMG, Deloitte, Ernst & Young). The judges looked at the nominees’ strategy, service or product based on what makes it different from others (innovation), how it benefits the market as a whole (effectiveness), and how flexible it is to changes and progressive opportunities (dynamism).

ASIA Banking & Finance Editor in Chief Mr. Timothy Charlton explained, "ABA Bank has shown commitment to deploying advanced banking technologies for the benefit of its customers, such as ABA iBanking which remains one of the most secure and developed internet banking platforms in Cambodia. ABA has also demonstrated excellence in global payments and cash management and is developing an all rounded banking group that is also Cambodia's fastest growing. We believe ABA Bank is well positioned for future growth and leadership in the Cambodian Market."