ABA recognised as Best Trade Finance Bank in Cambodia 2017

20/01/2017

ABA recognised as Best Trade Finance Bank in Cambodia 2017ABA recognised as Best Trade Finance Bank in Cambodia 2017

ABA Bank has been named "Best Trade Finance Provider 2017" in Cambodia by the highly respected international magazine, Global Finance.

The editorial board of Global Finance selected the best trade finance providers based on the inputs from banks and industry analysts and experts. Criteria for choosing the winners included: transaction volume, scope of global coverage, customer service, and competitive pricing and innovative technologies.

This award clearly recognizes the commitment of ABA team to support local entrepreneurship and export potential of Cambodia. By building close relationships with its customers, the Bank is able to offer tailored advice and innovative solutions for clients’ financing needs.

"This international recognition confirms our firm position in the local market for trade and export finance. We will continue to actively develop this segment, introducing new solutions and delivering high quality services to our clients," Chief International Relations Officer, Mr. Zhiger Atchabarov said.

In 2016, ABA completed around 300 import and export transactions for more than $66 million with partners from several countries across ASEAN, Europe and North America. ABA is able to provide effective solutions to support clients’ trade operations due to its unique experience in the market, active cooperation with local and foreign financial institutions and significant support from its major shareholder, the National Bank of Canada. In addition, within the last 3 years ABA has expanded its trade finance team by hiring highly experienced professionals.

More information about the bank’s trade finance solutions can be found on our Trade Finance page.