Back to overview

ACLEDA Bank Plc

Customer

Established in 1993 in Cambodia as a non-governmental organization for micro, small and medium enterprises' development and credit, ACLEDA has gradually evolved into a micro finance institution and, at the latest, into a commercial bank. Today, ACLEDA provides full banking services and became the largest bank in Cambodia. ACLEDA has a special focus on lending and other financial services to micro, small and medium sized enterprises as well as private consumers.

Funding Objective

DEG is providing a long-term loan to strengthen ACLEDA’s capital base and to support ACLEDA’s lending operations to local micro, small and medium enterprises (MSMEs) and women owned MSMEs in Cambodia.

Reasons for financing

Cambodia´s financial sector is still underdeveloped. Particularly in rural areas access to finance is insufficient. The DEG loan will enable ACLEDA to increase access to finance SME’s and women-owned SME’s in Cambodia. Moreover, ACLEDA’s digitalisation strategy will contribute to improving quality of financial services by broadening access to digital financial products and improving banking services delivery via digital channels.

The project serves to diversify its capital structure and finance its lending operations with focus on SMEs and woman-owned SMEs.

The project contributes to DEG´s strategy of supporting MSME’s in an underserved markets.

Region Asia
Country Cambodia
Sectors Financial Sector
Signing Date 07-2019
Funding USD 20 Million
Source of Funding DEG's own funds
Environmental & Social Category
Risk categorization on environmental and social impacts:
A = High risk; Investments with significant potential adverse social or environmental impacts that are diverse, irreversible or unprecedented. These impacts cannot be mitigated or remedied or only at significant costs.
B+ = High Medium Risk; Investments with limited potential adverse social or environmental impacts that are site-specific addressed through mitigation measures, but having specific features which can have potential significantly more adverse social or environmental impacts.
B = Low Medium Risk; Investments with limited potential adverse social or environmental impacts that are site-specific and readily addressed through well-known mitigation measures.
C = Low Risk; Investments with minimal or no adverse social or environmental impacts.
FI-A = Financial Institutions High Risk; Financial Institutions with business activities or projects with significant potential adverse social or environmental impacts or risks.
FI-B =Financial Institutions Medium Risk; Financial Institutions with business activities or projects with limited potential adverse social or environmental impacts or risks.
FI-C =Financial Institutions Low Risk; Financial Institutions with business activities or projects with minimal or no adverse social or environmental impacts or risks.

FI-B
Website of the customer https://www.acledabank.com.kh/kh/eng/
Further investments by year 2020;

Here you can find information on our new commitments at a glance. The information is published here once the contract has been signed with the customer and provided the customer has given consent. This works well: In the last two years we have published information on 90 percent of our commitments.