Global Finance names ABA Bank “The Best Bank in Cambodia 2017”

02/05/2017

Global Finance names ABA Bank “The Best Bank in Cambodia 2017”Global Finance names ABA Bank “The Best Bank in Cambodia 2017”

ABA Bank has been named “The Best Bank in Cambodia in 2017” in Global Finance Magazine’s 23rd annual awards, which judges banks around the world to find the best for each country. This title becomes the third consecutive award of ABA Bank from the respectable financial magazine.

In selecting the best bank in Cambodia, Global Finance considered the full range of factors including the growth in assets, profitability, strategic relationships, new business development and innovation in products. Moreover, the subjective criteria included the opinions of equity analysts, credit rating analysts, banking consultants, and others involved in the industry.

Speaking on this triumph, Mr. Askhat Azhikhanov, Chief Executive Officer of ABA Bank said: “This award reflects commitment of our staff and management team in providing the most innovative financial solutions to the customers. According to Global Finance, this year’s winners are those banks who attended carefully to their customer needs and accomplished better results while laying the foundation for further success. That is exactly what we are focusing on and I am glad the judging panel of the magazine praised it so high.”

Joseph D. Giarraputo, Publisher and Editorial Director of Global Finance said: “In Cambodia, ABA Bank continued to consolidate its growing strength as the bank of choice in the country. Its focus on retail and business clientele, with an eye on digital solutions and online apps for both, is accompanied by a strong commitment to small and medium local enterprises.”

A full report on the Global Finance’s Best Bank selection will be available in May issue of the magazine and online at GFMag.com. Awards ceremony will be held during IMF/World Bank Annual Meetings in Washington, D.C. on October 14, 2017 at the National Press Club.

Earlier this year, ABA Bank was chosen as the Best Trade Finance Provider in Cambodia 2017 by Global Finance magazine. In addition, ABA won Euromoney’s “Best Bank in Cambodia” award for the last three consecutive years and received “The Bank of the Year” recognition from 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 163 countries. Its headquarters are in New York, with offices in London and Milan.
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.