Acleda Bank plc http://www.alacrastore.com/company-snapshot/Acleda_Bank_plc-3671319 Wednesday, December 03, 2008 8:13:08 PM 3671319 Acleda Bank plc en AlacraStore RSS Builder 1.0 30 http://www.alacrastore.com/storecontent/spcred/683842spcred/683842normThe latest Full Report from S&Pglobal11/18/2008 4:27:57 AM400Full Report683842AsiaEmerging MarketsGlobal IssuersFinancial InstitutionsFull ReportStrong business position and franchise in the domestic banking industry; Adequate financial profile and satisfactory asset quality; and Increasingly balanced and diversified portfolio mix. Difficult operating environment characterized by an undeveloped economy and poor legal infrastructure; and Possibility of higher loan impairment as a result of seasoning and rapid loans growth, especially in a prolonged downturn. The ratings on ACLEDA Bank PLC reflect its strong business position and franchise in the domestic banking industry, although these strengths are partially offset by the underdeveloped operating environment and poor legal infrastructure in Cambodia (B+/Stable/B). ACLEDA also has an adequate financial profile and satisfactory asset quality. However, rapid loans growth in previous years may result in higher nonperforming assets (NPA), especially in aKHMACLEDA Bank PLC432539ASIAEMERGINGFULLGLOBISSFICredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/683843spcred/683843normThe latest Summary from S&Pglobal11/18/2008 4:27:57 AM175Summary683843AsiaEmerging MarketsGlobal IssuersFinancial InstitutionsSummaryThe ratings on ACLEDA Bank PLC reflect its strong business position and franchise in the domestic banking industry, although these strengths are partially offset by the underdeveloped operating environment and poor legal infrastructure in Cambodia (B+/Stable/B). ACLEDA also has an adequate financial profile and satisfactory asset quality. However, rapid loans growth in previous years may result in higher nonperforming assets (NPA), especially in a prolonged downturn. ACLEDA is Cambodia's second-largest bank, accounting for about 16% of the system's assets, and has the largest network with 219 branches, mainly in rural areas. It is the leading provider of credit to rural individuals and small businesses, but has also recently established itself as commercial bank providing a range of financial services, includingKHMACLEDA Bank PLC432539ASIAEMERGINGSUMMARYGLOBISSFICredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/bir/1244092bir/1244092normACLEDA Bank PLCCambodiaFinance: Commercial banking602152211027EI6/12/2008 6:27:00 AM1244092Company Profiles & FinancialsGale Company Profileshttp://www.alacrastore.com/storecontent/moodys/PBC_102457moodys/PBC_102457pdf...ACLEDA Bank Plc (formerly ACLEDA Bank Limited) was established in #### as a specialised bank after obtaining a banking license, and in effect the original Association of Cambodian Local Economic Development Agencies (ACLEDA) was renamed ACLEDA NGO. Prior to June ####, ACLEDA Bank operated as a part of ACLEDA NGO. ACLEDA Bank is a small, private commerc ial bank with an asset base of US$### million as at ## December ####. The bank is primarily engaged in providing micro finance and holds dominion in Cambodia s micro lending market. Overall, it ranks as one of the leadin g retail and medium enterprise commercial banks in Cambodia, with deposits and lending market shares of #.#% and ##.#%, respectively at end-####. The bank offers a comprehensive range of retail and business banking services to its customers. Headquartered in Phnom Penh, ACLEDA Bank operates through the country's largest branch network of ### offices and #,### employees, as at # February ####. The bank is... Company Profile3/30/2008 8:45:17 PMACLEDA Bank Plc807422893550.0000SpecialReportpdfACLEDA Bank PlcPBC_102457Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/IP_0807422893moodys/IP_0807422893htmlIssuer Profile1/2/2008 7:29:00 PMGlobal Credit Research Issuer Profile ## JAN #### Issuer Profile: ACLEDA Bank Plc ACLEDA Bank Plc History ACLEDA Bank has its origins in ACLEDA NGO, a national Non-Governmental Organisation for micro and small enterprises development...ACLEDA Bank Plc807422893150.0000NewshtmlACLEDA Bank PlcIP_0807422893Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/COP_807422893moodys/COP_807422893htmlGlobal Credit Research Credit Opinion ## AUG #### Credit Opinion: ACLEDA Bank Plc ACLEDA Bank Plc Phnom Penh, Cambodia Ratings Category Moody's Rating Outlook Stable Bank Deposits -Fgn Curr B#/NP Bank Deposits -Dom Curr Ba#/NP Bank...1/2/2008 7:28:00 PMhtmlACLEDA Bank PlcACLEDA Bank Plc807422893150.0000NewsCredit OpinionCOP_807422893Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PBC_106785moodys/PBC_106785pdfAnalysis12/28/2007 4:12:17 AM...Moody's assigns a bank financial strength rating (BFSR) of D to Acleda Bank Plc., which translates into a baseline credit asse ssment of Ba#. The rating reflects the bank's strong franchise value, sound contro ls, robust profitability and asset quality, but also the challenges associated with its difficult operating environment and rapid evolution. Moody's believes that the probability of shareholder and systemic support for Acleda is high, which results in a one notch lift in its long-term global-scale local currency (GLC) deposit rating to Ba# from the Ba# baseline credit assessment. The bank s foreign currency deposit an d issuer ratings are constrained by Cambodia s sovereign deposit and debt ceilings at B# and B# respectively. The outlook for all the ratings is stable at present. The BFSR is underpinned by the bank s increasing maturity and improved fund ing that offset what are likely to be decreased risk-adjusted returns (i) due to increasing competition and (ii)... Acleda Bank Plc807422893300.0000AnalysispdfAcleda Bank PlcPBC_106785Credit & Investment ResearchMoody's Global Credit Research