PHNOM PENH, May 25 — Cambodia’s largest commercial bank listed on the country’s stock market today, the first lender to trade on the fledgling exchange, despite uncertainty caused by the coronavirus pandemic. Acleda Bank became the sixth firm to join the Cambodia Securities Exchange (CSX),...
President and Chief Executive Officer of ACLEDA Bank In Channy looks at the share price of the bank during its official listing ceremony on the Cambodia Securities Exchange in Phnom Penh on May 25, 2020. — AFP pic
Acleda Bank became the sixth firm to join the Cambodia Securities Exchange , which opened in 2011, joining a garment factory, two state-owned ports, and a special economic zone. The listing could serve as a “role model for other banks and commercial institutions that wish or are still hesitating to raise capital from the stock market”, said Economy and Finance Minister Aun Pornmonitroth at the opening ceremony.
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