ACLEDA Bank Expands Digital Reach as Cambodia’s Economy Holds Amid Global Headwinds

Phnom Penh, Cambodia (Aug. 15, 2025) — ACLEDA Bank Plc. reported continued digital expansion and stable financial performance in the second quarter of 2025, as Cambodia’s economy remained resilient despite mounting global uncertainty and regional tensions.

The bank added 35 new self-service banking locations, bringing its total to 204 nationwide, and extended operating hours to meet rising demand. ACLEDA’s AC Super App surpassed 5.07 million registered users by the end of Q2, while QR code payment services expanded to 1,000 additional merchants, reflecting strong uptake in digital transactions.

Chhay Soeun, Chairman’s remarks highlighted Cambodia’s robust export growth in textiles, footwear, travel goods, and agriculture, alongside steady private investment and favorable macroeconomic conditions. However, the outlook for Q4 is clouded by escalating border tensions with Thailand and rising U.S. tariffs, which could weigh on trade and investor sentiment.

Globally, the economic landscape remained volatile. The U.S. economy rebounded 1.5% in Q2 after a Q1 contraction, driven by tariff-related import stockpiling. China posted 5.2% growth, supported by strong industrial output and pre-tariff export surges. The Eurozone grew 0.9%, while Japan’s economy stagnated at 0.01% amid weak domestic demand. ASEAN markets showed resilience, though inflation and external dependencies remain risks.

ACLEDA’s liquidity and capital ratios remained strong, but the bank faces elevated funding costs, slower loan growth, and rising non-performing loans. The Group continues to invest in digital infrastructure to enhance customer convenience and operational efficiency.

The bank’s strategic focus on digital transformation and regional integration aligns with Cambodia’s broader push to strengthen its financial sector amid global headwinds.

At the end of the second quarter of 2025, the Group’s total assets and total loan portfolio increased by US$711.91 million (6.57%) and US$215.49 million (3.03%), respectively, compared to the year ended 2024, according to the bank’s financial report.

For the three-month period from April to June 2025, the Group recorded a profit of US$47.69 million, with a Return on Average Assets (ROAA) of 0.41% and a Return on Average Equity (ROAE) of 3.10%.