www.acledabank.com
Shareholders
In accordance with licence which issued by the government of the Lao PDR on December 26, 2007, ACLEDA Bank Lao Ltd. has celebrated its headquarters on July 08, 2008 and the paid up capital will be 100 billion Kip (approximately US$10.5 million) issued in the form of fully paid shares of 10,000 Kip all of which have been fully taken up. 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 | Ownership |
|---|---|
| ACLEDA Bank Plc. | 39.90% |
| FMO | 25.20% |
| Triodo-Doen | 9.50% |
| Triodos Fair Share Fund | 9.50% |
| IFC | 15.90% |
| Total | 100% |
Brief about our shareholders
ACLEDA Bank Plc.
ACLEDA Bank Plc. is a public limited company, formed under the Banking and Financial Institutions Law of the Kingdom of Cambodia. Originally, it was founded in January 1993, as a national NGO for micro and small enterprises' development and credit.
It went through two major successful transformations from Microfinance to Specialised Bank and then to a Commercial Bank in 2000 and 2003 respectively, in order to provide full banking services to meet customers' demand and it was renamed as ACLEDA Bank Plc.
ACLEDA Bank Plc. is the first bank in Cambodia to have been assigned ratings by the top international credit rating agencies — Moody's Investors Service and Standard & Poor's.
ACLEDA Bank Plc. is 51% owned by Cambodian interests, including its staff, with the remaining 49% taken up in equal parts by IFC (International Finance Corporation — World Bank Group), DEG (a part of KfW, Germany), FMO, and Stichting Triodos Doen together with Triodos Custody B.V. as custodian of Triodos Fair Share Fund (The Netherlands). In December, 2009, an agreement was reached whereby JSH Asian Holdings Limited, a subsidiary of Jardine Strategic Holdings Limited which is a publicly listed member of the Jardine Matheson Group, will acquire the entire 12.25% shareholding in ACLEDA Bank Plc from FMO.
At the end of 2009, ACLEDA Bank Plc. had 7,013 staff working in 232 offices nationwide. Its Total Assets were US$904 million, deposits from customers were US$670 million, and loan portfolio was US$528 million.
Today ACLEDA Bank Plc is offering Credit, Deposits, Local and International Funds Transfers, Trade Finance, Cash Management, Money Exchange and a comprehensive list of other retail banking services tailored for its customers' growing demands.
The Netherlands Development Finance Company (FMO)
The Netherlands Development Finance Company (FMO) is the international development bank of the Netherlands. FMO invests risk capital in companies and financial institutions in developing countries. FMO's investment portfolio is EUR4.2 billion and FMO is one of the largest bilateral private sector development banks worldwide. Thanks in part to its relationship with the Dutch government, FMO is able to take risks which commercial financiers are not — or not yet — prepared to take. FMO's mission: to create flourishing enterprises, which can serve as engines of sustainable growth in their countries.
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.
International Finance Corperation (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