www.acledabank.com
Shareholders
In accordance with Licence N° 01/BIS issued by the NBC on December 01, 2003 and in accordance with Approval N° 052 issued on January 12, 2004 by the Ministry of Commerce, the Bank increased its total registered share capital from US$4 million to US$13 million, represented by 13 million ordinary shares, each having an issue price of US$1 (2002: US$10).
On November 30, 2006, ACLEDA Bank has raised its issued and paid-up capital from US$13 million to US$30 million. On January 04, 2008, ACLEDA Bank celebrated its fifteenth anniversary and has raised its issued and paid-up capital from US$30 million to US$50 million.
On January 23, 2009, the capital of ACLEDA Bank Plc. has been increased from US$50 million to US$60 million and further increased on June 12, 2009 to US$68.15 million. Each share shall have 1 vote and shall participate equally in all dividends and other distributions of the Bank. Fractions of shares shall not be issued.
| Shareholder | Number of Share | Subscription Price (US$) | Ownership (%) |
|---|---|---|---|
| ACLEDA NGO | 21,808,000 | $21,808,000 | 32.00% |
| ASA | 12,948,500 | $12,948,500 | 19.00% |
| DEG | 8,348,375 | $8,348,375 | 12.25% |
| JSHAHL | 8,348,375 | $8,348,375 | 12.25% |
| IFC | 8,348,375 | $8,348,375 | 12.25% |
| Triodos | 4,186,445 | $4,186,445 | 6.14% |
| Triodos Fair Share Fund | 4,161,930 | $4,161,930 | 6.11% |
| Total | 68,150,000 | $68,150,000 | 100.00% |
Brief about our shareholders
ACLEDA NGO
The Association of Cambodian Local Economic Development Agencies (ACLEDA) NGO was established as an independent Cambodian Non-Government Organisation in 1993 for small and micro enterprise development, which aims to raise the standards of living of the poor by promoting economic activities ranging from self-employment and small to medium size business.
Following the transformation into a licensed specialised bank, ACLEDA Bank Plc. was established in October 2000, and the original ACLEDA was officially renamed the ACLEDA NGO. ACLEDA NGO's main objective is to enhance and guarantee sustainable access for small and micro businesses to the financial services through ACLEDA Bank Plc.
ACLEDA NGO's main activities are:
- To channel bulk funds to ACLEDA Bank Plc. for the purpose of providing credit for the lower segment of the market and Cambodian entrepreneurs.
- To act as the principal shareholder of ACLEDA Bank Plc.
ASA, Plc.
The ACLEDA Staff Association, (ASA, Plc.) was formed to serve as a holding company and vehicle through which the staff can participate in the long-term growth and increase in value of the stock in ACLEDA Bank Plc. by owning a beneficial interest in its shares.
DEG — Deutsche Investitions-und Entwicklungsgesellschaft (DEG)
DEG, member of KfW Bankengruppe (KfW banking group), is one of the largest European development finance institutions for long-term project and company financing. For more than 47 years, DEG has been financing and structuring the investments of private companies in developing and transition countries.
DEG invests in profitable projects that contribute to sustainable development in all sectors of the economy, from agriculture to infrastructure and manufacturing to services. We also focus on investments in the financial sector in order to facilitate reliable access to capital locally.
To date, we have worked together with more than 1,500 companies and our own financing commitments of more than EUR11 billion have contributed to providing an investment volume of EUR70 billion.
Our aim is to establish and expand private enterprise structures in developing and transition countries, and thus create the basis for sustainable economic growth and a lasting improvement in the living conditions of the local population.
JSH Asian Holdings Limited
Jardine Strategic is a holding company within the Jardine Matheson Group which takes long-term strategic investments in multinational businesses, particularly those with an Asian focus, and in other high quality companies with existing or potential links with the Group. Its principal attributable interests are in Jardine Matheson 53%, Hongkong Land 49%, Dairy Farm 78%, Mandarin Oriental 73% and Jardine Cycle and Carriage 68%, which in turn has a 50% interest in Astra International. Jardine Strategic is 81% — held by Jardine Matheson. The Company also has a 21% interest in Rothschilds Continuation.
The International Finance Corporation (IFC)
IFC, a member of the World Bank Group, creates opportunity for people to escape poverty and improve their lives. We foster sustainable economic growth in developing countries by supporting private sector development, mobilizing private capital, and providing advisory and risk mitigation services to businesses and governments. Our new investments totaled US$14.5 billion in fiscal 2009, helping channel capital into developing countries during the financial crisis. For more information, visit www.ifc.org.
Triodos-Doen Foundation
Triodos-Doen Foundation was founded by Triodos Bank and DOEN Foundation in 1994. Triodos-Doen's vision is to develop microfinance into a full-fledged and integral part of the financial sector in developing countries. The creation of an inclusive financial sector, a sector where the majority of people have access to financial services, will provide a sustainable basis for a balanced social–economic development.
Triodos-Doen is one of the microfinance funds managed by Triodos Investment Management BV, part of Triodos Bank NV in the Netherlands. Triodos Bank is a fully licensed independent bank with branch offices in the Netherlands, Belgium, United Kingdom, Spain and Germany. Recognition was given to the bank's pioneering role in the world of sustainable and transparent banking when the Financial Times named Triodos Bank "The Most Sustainable Bank of the Year" in 2009.
Triodos-Doen provides capital to 50 microfinance institutions in Asia, Latin America, Africa and Eastern Europe. The total assets at the end of 2009 amounted to EUR62 million.
Triodos Fair Share Fund
Triodos Fair Share Fund, established in 2002 in the Netherlands, is one of the first and few funds worldwide that offers the opportunity to invest in microfinance institutions to the general public. Triodos Fair Share Fund is one of the microfinance funds managed by Triodos Investment Management BV, part of the Triodos Bank NV in the Netherlands. Recognition was given to the bank's pioneering role in the world of sustainable and transparent banking when the Financial Times named Triodos Bank "The Most Sustainable Bank of the Year" in 2009. The fund provides capital to 29 microfinance institutions in developing countries and Central Asia and Eastern Europe. The objective of the fund is to give low-income people in these countries access to financial services by contributing to a sustainable inclusive financial sector. At the end of 2009 the total assets of Triodos Fair Share Fund amounted to EUR82 million.
