Financial Highlights
| Units in US$ '000
(except EPS and Dividend) |
31/12/07 | 31/12/06 | 31/12/05 | Change (%)1 |
|---|---|---|---|---|
| Assets | 473,053 | 223,202 | 123,871 | 111.9 |
| Loans (Net of Provision) | 310,681 | 156,571 | 98,460 | 98.4 |
| Liabilities | 423,401 | 180,622 | 91,917 | 134.4 |
| Deposits | 344,533 | 123,150 | 61,901 | 179.8 |
| Issued and Paid-Up Capital | 30,000 | 30,000 | 13,000 | - |
| Shareholders' Equity 2 | 49,652 | 42,580 | 31,955 | 16.6 |
| Gross Income | 59,583 | 37,204 | 25,679 | 60.2 |
| Profit Before Tax | 12,278 | 8,361 | 5,275 | 46.9 |
| Net Profit After Tax | 9,739 | 6,668 | 4,205 | 46.1 |
| Earnings Per Share (EPS) | $0.3246 | $0.2223 | $0.3235 | 46.0 |
| Dividend | $0.1299 | $0.0889 | $0.1294 | 46.1 |
Highlights of 2007
- Assets grew 111.9% to US$473.1 million
- Loans expanded 98.4% to US$310.7 million
- Non Performing Loans to Total Loans reduced from 0.10% to 0.06%
- Deposits increased by 179.8% to US$344.5 million
- Net Profit After Tax rose by 46.1% to US$9.7 million
- Return on Equity (excl. subordinated debt) improved to 19.6% from 15.7%
- Non-interest expense to gross income reduced from 59.2% to 57.7%
- Domestic funds transfers climbed 132.1% from US$566 million to US$1,314 million
- Overseas funds transfers surged 193.7% from US$256 million to US$753 million
- Moody's upgraded the foreign currency issuer rating of ACLEDA Bank to B1 from B2. Standard & Poor's assigned ACLEDA first-time ratings of 'B+/B' for Counterparty Credit and 'D' for Bank Fundamental Strength with outlook 'stable' (January, 2008)
- Completed move into our new purpose built headquarters
- Cambodian network grew from 156 to 204 offices
- Received license to open a commercial banking subsidiary in the Lao PDR.
