Global​ Finance​ acclaims​ ABA​ Bank​ as​ “The​ Best​ Bank​ in​ Cambodia”​ for​ the​ fifth​ time

03/04/2019

Global FinanceGlobal Finance

ABA​ Bank​ has​ been​ recognized​ as​ “The​ Best​ Bank​ in​ Cambodia​ 2019”​ by​ Global​ Finance,​ marking​ it​ as​ the​ fifth​ consecutive​ award​ of​ ABA​ since​ 2015.​ The​ international​ financial​ magazine​ ascribed​ ABA​ Bank’s​ triumph​ to​ its​ vigilant​ attendance​ to​ fulfill​ the​ customers’​ needs​ in​ a​ competitive​ market​ and​ better​ accomplishment​ with​ solid​ foundations​ for​ the​ future​ success.​

In​ selecting​ the​ top​ banks​ for​ 2019,​ Global​ Finance,​ in​ consultations​ with​ corporate​ financial​ executives,​ bankers​ and​ banking​ consultants​ as​ well​ as​ analysts​ throughout​ the​ world,​ objectively​ assessed​ ABA​ Bank​ in​ many​ key​ aspects​ such​ as​ the​ asset​ growth,​ profitability,​ geographic​ reach,​ strategic​ relationships,​ new​ business​ development​ and​ innovation​ in​ the​ products.​ Additionally,​ the​ assessment​ also​ included​ the​ subjective​ opinions​ of​ the​ equity​ analysts,​ credit​ rating​ analysts,​ banking​ consultants​ and​ others​ involved​ in​ the​ industry​ as​ part​ of​ the​ selecting​ criteria.

Giving​ his​ comment​ on​ the​ occasion,​ Askhat​ Azhikhanov,​ CEO​ of​ ABA​ Bank​ said,​ “It​ is​ an​ impressive​ achievement​ for​ ABA​ to​ repeatedly​ receive​ “The​ Best​ Bank​ in​ Cambodia”​ award​ from​ Global​ Finance.​ This​ accolade​ indicates​ our​ commitment​ in​ improving​ the​ quality​ of​ ABA​ services​ and​ continuous​ trust​ of​ our​ valued​ customers​ in​ the​ Bank,​ which​ we​ highly​ appreciate.​ The​ fifth​ consecutive​ award​ affirms​ that​ we​ are​ on​ the​ right​ track,​ and​ we​ will​ continue​ to​ strengthen​ our​ position​ in​ the​ market.”

“What​ it​ takes​ to​ rank​ among​ the​ world’s​ best​ banks​ is​ increasingly​ difficult​ to​ deliver.​ Customer​ expectations​ of​ financial​ services​ providers​ has​ never​ been​ higher​ —​ tailored​ products​ delivered​ in​ real​ time​ with​ complete​ security,”​ said​ Joseph​ D.​ Giarraputo,​ publisher​ and​ editorial​ director​ of​ Global​ Finance.​ “Global​ Finance’s​ Best​ Bank​ Awards—now​ in​ their​ 26th​ year—provide​ a​ continuity​ of​ insight​ into​ which​ financial​ institutions​ are​ innovating​ and​ adapting​ to​ changing​ conditions.”

The​ whole​ list​ of​ award​ winners​ selected​ from​ nearly​ 150​ countries​ will​ be​ published​ in​ Global​ Finance’s​ May​ issue.​ The​ Magazine​ will​ also​ hold​ the​ Best​ Banks​ 2019​ Awards​ Ceremony​ jointly​ with​ the​ IMF/World​ Bank​ Annual​ Meetings​ at​ the​ National​ Press​ Club​ in​ Washington,​ DC,​ on​ October​ 19,​ 2019.​

About​ Global​ Finance​ magazine
Global​ Finance,​ founded​ in​ 1987,​ has​ a​ circulation​ of​ 50,050​ and​ readers​ in​ 188​ countries.​ Global​ Finance’s​ audience​ includes​ chairmen,​ presidents,​ CEOs,​ CFOs,​ treasurers​ and​ other​ senior​ financial​ officers​ responsible​ for​ making​ investment​ and​ strategic​ decisions​ at​ multinational​ companies​ and​ financial​ institutions.​ Global​ Finance’s​ website​ —​ GFMag.com​ —​ offers​ analysis​ and​ articles​ that​ are​ the​ legacy​ of​ 32​ years​ of​ experience​ in​ international​ financial​ markets​ and​ provides​ a​ valuable​ source​ of​ data​ on​ 192​ countries.​ Global​ Finance​ is​ headquartered​ in​ New​ York,​ with​ offices​ in​ London​ and​ Milan.