ABA​ Bank​ becomes​ The​ Best​ Bank​ in​ Cambodia​ 2018​ by​ Global​ Finance​ magazine

24/04/2018

ABA​ Bank​ becomes​ The​ Best​ Bank​ in​ Cambodia​ 2018​ by​ Global​ Finance​ magazineABA​ Bank​ becomes​ The​ Best​ Bank​ in​ Cambodia​ 2018​ by​ Global​ Finance​ magazine

Global​ Finance,​ international​ financial​ magazine,​ has​ praised​ ABA​ Bank​ as​ the​ “Best​ Bank​ in​ Cambodia​ 2018”​ during​ its​ 25th​ Annual​ Best​ Bank​ Awards.​ This​ recognition​ marks​ the​ fourth​ consecutive​ time​ for​ ABA​ to​ receive​ the​ top​ award​ from​ this​ prominent​ financial​ publication.​

For​ this​ top​ award,​ Global​ Finance​ has​ objectively​ evaluated​ the​ Bank​ in​ several​ key​ areas​ including​ growth​ in​ assets,​ profitability,​ geographic​ coverage,​ strategic​ relationships,​ new​ business​ development,​ and​ innovation​ in​ products.​ In​ addition​ to​ these​ objective​ criteria,​ opinions​ of​ equity​ analysts,​ credit​ rating​ analysts,​ banking​ consultants,​ and​ others​ involved​ in​ the​ industry​ were​ included​ in​ the​ selection​ process​ as​ part​ of​ the​ subjective​ criteria.​

“We​ are​ honoured​ for​ being​ recognized​ by​ Global​ Finance​ magazine​ for​ the​ fourth​ time​ in​ a​ row.​ We​ see​ it​ as​ an​ endorsement​ to​ our​ professional​ excellence,​ our​ effort​ to​ improve​ financial​ inclusion​ in​ Cambodia,​ and​ our​ commitment​ to​ always​ deliver​ quality​ service​ and​ innovative​ financial​ solutions​ to​ our​ valued​ customers,”​ Askhat​ Azhikhanov,​ Chief​ Executive​ Officer​ of​ ABA​ Bank​ commented​ on​ the​ occasion.​ “We​ will​ continue​ our​ work​ to​ be​ the​ banking​ partner​ and​ the​ digitally-driven​ financial​ solution​ provider​ to​ individuals,​ entrepreneurs,​ and​ businesses​ in​ Cambodia,”​ he​ added.​

“ABA​ is​ clearly​ the​ leading​ bank​ in​ Cambodia,​ according​ to​ both​ our​ algorithm​ and​ our​ analysis.​ We​ were​ impressed​ by​ the​ solutions​ it​ offers​ as​ well​ as​ its​ customer​ service,​ and​ particularly​ by​ its​ understanding​ of​ local​ conditions​ and​ the​ needs​ of​ customers​ in​ its​ market,”​ said​ Joseph​ D.​ Giarraputo,​ Publisher​ and​ Editorial​ Director​ of​ Global​ Finance,​ adding​ that​ “the​ quality​ of​ its​ leadership​ also​ shines​ through​ in​ its​ financial​ results.

”The​ Best​ Bank​ Awards​ ceremony​ will​ be​ held​ in​ conjunction​ with​ the​ IMF/World​ Bank​ Annual​ Meetings​ on​ October​ 13​ in​ Bali,​ Indonesia.​ The​ complete​ list​ of​ Global​ Finance’s​ Best​ Bank​ awardees​ in​ 2018​ will​ be​ published​ in​ the​ magazine’s​ May​ issue.

ABA​ Bank​ has​ been​ continuously​ praised​ by​ international​ financial​ publications​ for​ consistent​ implementation​ of​ its​ strategy​ and​ streamlining​ its​ businesses​ to​ offer​ cutting-edge​ services​ in​ Cambodian​ market.​ Thus,​ Global​ Finance​ magazine​ awarded​ ABA​ the​ “Best​ Bank​ in​ Cambodia”​ in​ 2015-2018​ and​ Cambodia’s​ “Best​ Trade​ Finance​ Provider”​ in​ 2017-2018.​ Additionally,​ ABA​ Bank​ was​ bestowed​ with​ “The​ Best​ Bank​ in​ Cambodia”​ award​ by​ Euromoney​ in​ 2014-2017​ and​ “Bank​ of​ the​ Year”​ award​ by​ The​ Banker​ magazine​ in​ 2014​ and​ 2016.​

About​ Global​ Finance​ magazine
Global​ Finance​ is​ a​ monthly​ magazine​ founded​ in​ 1987.​ Its​ mission​ is​ to​ help​ corporate​ leaders,​ bankers​ and​ investors​ chart​ the​ course​ of​ global​ business​ and​ finance.​ Global​ Finance​ magazine​ has​ readers​ in​ 189​ countries.​ Its​ headquarter​ is​ in​ New​ York,​ with​ offices​ in​ London​ and​ Milan.​ Global​ Finance’s​ audience​ includes​ Chairmen,​ Presidents,​ CEOs,​ CFOs,​ Treasurers​ and​ other​ senior​ financial​ officers​ responsible​ for​ making​ investment​ and​ strategic​ business​ decisions​ at​ multinational​ companies​ and​ financial​ institutions.
Each​ year​ Global​ Finance​ selects​ the​ best​ financial​ institutions​ around​ the​ world.​ These​ awards​ have​ become​ a​ recognized​ and​ trusted​ standard​ of​ excellence​ for​ the​ global​ financial​ community.