Cambodia’s largest bank has odd roots. ACLEDA, pronounced “A-C-Leda”, is short for the “Association of Cambodian Local Economic Development Agencies.” It hearkens back to the bank’s roots as a ...
DIVERSIFIED regional holdings firm Jardine Matheson Group has acquired a 12.25 percent stake in ACLEDA Bank for an undisclosed sum, according to a Thursday announcement, a deal that analysts said ...
Acleda Bank has reinvested $39 million of profits back into its operations instead of paying out dividends to shareholders, an announcement on its website states. It is the 11th time Alceda has opted ...
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