Friday, February 3, 2012

ACLEDA Bank Plc.

Wishing for the 20th Anniversary of ACLEDA!

 

 

Today January 19, 2012, it is the 20th Anniversary of ACLEDA!

Association of Cambodian Local Economic Development Agencies (ACLEDA) has been established since January 19, 1993 by its First General Assembly with the vision and mission to Guarantee Sustainable Access to Financial Services for micro and small business entrepreneurs.

Seven years later on October 07, 2000, those vision and mission have been transformed and developed clearly with the Vision to "be Cambodia's Leading Commercial Bank providing superior financial services to all segments of the community" and with the Mission "to provide micro, small and medium entrepreneurs with the wherewithal to manage their financial resources efficiently and by doing so to improve the quality of their lives. By achieving these goals we will ensure a sustainable and growing benefit to our shareholders, our staff and the community at large. We will at all times observe the highest principles of ethical behavior, respect for society, the law and the environment."

With the developed vision and mission, ACLEDA Bank Plc. has indirectly contributed actively in the development of Cambodia economy by means of providing multiples financial products and services of choices highlighted as loans, and savings and deposits, etc. to all segments of the community. Furthermore ACLEDA Bank is proudly that it has fulfilled its tax payment obligation tracked back to the past 20 years from 1993, and continues to do it actively. For the details of highlighted bank financial products and its achievement and the details of tax payment, please refer to the charts below.

On this occasion, I on behalf of ACLEDA and ACLEDA Bank Plc. and on behalf of myself, would like to take this opportunity of the 20th Anniversary of ACLEDA today to highly and respectfully thank to the government of the Kingdom of Cambodia, as well as the local authorities of all levels, the customers, and the management and staff of ACLEDA Bank Plc. for their contribution and support for the success of ACLEDA Bank Plc. so that it can participate and contribute to the sustainable development of the Kingdom of Cambodia.

Microfinance Winter Academy
Frankfurt School of Finance & Management and ACLEDA Training Center welcome you to the Microfinance Winter Academy
— Real Cases in Real Places —

As microfinance markets grow more mature and competitive, it is vital for microfinance managers to be equipped with up-to-date knowledge and tools in order to successfully face challenges of growth, complexity and competition.

Our intensive training prepares microfinance practitioners for the challenges of serving microfinance clients in changing and increasingly competitive environments.

Come and gain from the broad experiences from Frankfurt School and ACLEDA Training Center.

This one week program will give you the chance to learn from international best practices in microfinance as well as getting hands-on experiences through the practical orientation and field visits.

In a nutshell, our Winter Academy is a perfect opportunity for you to get high-quality international technical knowledge combined with real cases.

Interested? Join our MFI Management Summer Academy 2012!

Target Group: The Winter Academy focuses on management practices for MFIs and is geared towards managers of non-bank MFIs, central bankers and staff members of apex institutions who wish to gain insights in successful management of MFIs.
What does the programme offer you?

This one week programme will give you the chance to learn from international best practices in microfinance as well as getting hands-on experiences through the practical orientation and field visits.

Access to capital — November 19
During the last years, capital markets have shown increasing interest in the microfinance sector. The arena of investors has diversified quickly. This session will take a closer look at different funding options available for MFIs including the risks that come along with them. What are the consequences of taking in new stakeholders in the MFI? Which equity valuation methods can be applied in practice? How to assess whether a capital market instrument is feasible or not? The session will address the structure of various instruments and their cost/benefit profile. The latest trends in the current turbulent markets and will be addressed and discussed as well.
Operational management — November 20
This day will be dedicated to sustainable profitability management. We will have a close look at conceptual framework for asset & liability side retail product pricing. Further topics of indirect cost allocation systems and full activity based costing will be discussed in-depth and practical examples of allocation templates and excel models will be presented. In a last step we will check how to feed back product and process costing data into process design and cost management and how to increase efficiency through process improvements and institutional changes.
Risk management — November 21
Credit risk management is the main risk category for MFIs. Actively assuming credit risk is a key function of the MFI. Experience shows that many losses result from avoidable mistakes and a lack of risk culture within an institution. In the seminar we will first look at the foundations of a solid risk culture as a basis for credit risk management. Thereafter, we analyse tools to model the credit risk for individuals and for the portfolio as a whole. We will find ways to estimate the probability of default of individual exposures and will see how diversification can reduce portfolio risk. We look at various tools to mitigate credit risk and analyse their usefulness. The participants learn to apply user-friendly tools to improve credit risk management in their institution.
Transformation — November 22
We consider transformation as a major organisational change project that poses huge challenges to an institution. But what are the advantages and disadvantages of transforming MFIs into banks? After discussing that question, we will look in detail at individual issues to be addressed in this process. The course will end with a comprehensive case study: in small groups you will plan the transformation of an MFI and present your plan to a panel of potential investors.
Field visit — November 23
To underline what was learned during the week we will go for field visits to ACLEDA braches on the last day to experience what theory means in practice.
Beyond the training
In addition to the training, the program offers an evening sessions and social events during the week.

The methodology of the programme

Banking focus in an innovative environment
Frankfurt School of Finance & Management is one of Europe's largest business schools for banking and finance. Furthermore, we have gathered extensive experience in microfinance training and consultancy world-wide and know the ins and outs of mainstream banking as well as microfinance. In cooperation with ACLEDA Training Center, that provide highest quality training to local and international MFIs, NGOs, banks and financial sector stakeholders, our Winter Academy offers state-of-the-art banking and microfinance know-how, combined in one programme.
Practice orientation
Our Winter Academy has a practical focus. All modules include technical tools which are easy to apply to real-life situations. Our faculty has extensive practical experience in the field of development and/or commercial microfinance, assuring that real life examples are discussed. Additionally, participants will meet practitioners from the field, sharing lessons learned and ideas from their organizations.
Participant-centred approach
We take participants' experiences and needs seriously. We expect our participants to get actively involved. Various platforms are prepared for the exchange of experiences and knowledge, no matter if inside or outside of the classroom: group work, discussion rounds, presentations and an evening programme.
Meeting point
The course will allow participants to connect and network with similar organizations within their working area. Additionally, the limited group size (of approx. 30 participants) will ensure easy access to the trainers and experts.
Networking
Our participants leave the training not only with new technical knowledge, but also with a new world-wide network of other practitioners of the microfinance business. To support networking after the end of the training, we will invite all Winter Academy participants to join the Frankfurt School Friends & Alumni Portal through which participants will be able to stay in touch with your fellow students, alumni of past and future Winter Academies, FS and ACLEDA faculty and fellow team members.
ServicesNew Course AnnouncementACLEDA Bank's Credit Analysis
ACLEDA Bank's Credit Analysis
The more you know about the credit analysis, the greater the chance you can maximize profits, increase market share, minimize risk, and reduce the financial provision that must be made for bad debt. This course will provide deeper understanding of the credit analysis process and discusses in detail, various aspects of financial statement analysis, including ratio and cash flow analysis, among others to help in making better credit related decisions.

Course Objectives

After completion of this course, participants will be able to:
  • Understand the new concepts of lending process
  • Gain practical experiences of credit analysis through ACLEDA Bank experiences
  • Be able to collect and cross check information correctly
  • Analyze the SWOT & risks of individual borrowers effectively
  • Know how to analyze financial statement and ratios clearly
  • Be able to provide loan suiting borrower's capacity
  • Obtain excellent opportunity to minimize credit risk
  • Be an excellent credit analyst

Course Content

  • Credit history and credit process
  • New concepts of providing loan
  • Credit analysis process
  • Information research
  • Risks analysis of individual borrowers
  • SWOT analysis
  • Financial analysis
  • Ratios analysis
  • Cross check financial information
  • Cross check non-financial information
  • Interview techniques and skills
  • Loan decision making
  • Collateral evaluation
  • Warning sign & Precaution on type of loan before providing
  • The best way to be an excellent credit analyst

Who should attend

  • Credit Manager
  • Branch Manager
  • Training Manager
  • Chief of Credit officer
  • Credit Officer
  • Trainer
  • Someone who works related to Credit activity.

Training Date

  • Start from: February 16-17, 2012
  • Time: 8:30 - 12:00 / 13:30 - 16:30
  • Deadline of registration: February 13, 2012

Registration

If you are interested, please fill our enrollment form and then send to us via: sovanne.tourt@acledabank.com.kh or buntaysovanny@acledabank.com.kh

Training Fee

  • USD 170 per participant per two-day training course
  • USD 150 per participant per two-day training course, is offered to organizations who send 3 or more participants.
  • Tuition includes presentation, group activities and one to one support
  • Training material, including a course folder and CD
  • Light refreshments and lunch
  • Certificate of attendance

Payment Condition

There is no charge for any cancellation which is made by the registration deadline. Cancellation after the registration deadline and participants who do not appear without proper cancellation, the training fee will be fully charged.

Training Venue

ACLEDA Training Center, building #50, Street 516 Corner 335,06 Village, Sangkat Boeng Kak I, Khan Tuol Kork, Phnom Penh.

KfW Fellowship Program

KfW is one of the leading investors in microfinance worldwide. One of its subsidiaries, DEG, is a founding shareholder of ACLEDA Bank. ACLEDA Bank is considered as one of the premier microfinance banks worldwide and the leading retail bank in Cambodia and received the Client Leadership Award from the International Finance Corporation (IFC).
The Fellowship Program is financed by KfW, Frankfurt am Main, supported by the Government of the Kingdom of Cambodia, represented by the Ministry of Economy and Finance, and managed by ACLEDA Bank.
KfW and ACLEDA Bank are both keen to respond to microfinance capacity building needs in the region and work together to address this need through the KfW Fellowship Program.

Purpose

The purpose of the KfW Fellowship Program for the ASEAN Region and China is to build microfinance capacity of practitioners, policy makers, regulators and other people relevant to the development of microfinance. Increased capacity at all levels of the financial system will have an impact on creating viable financial institutions that provide access to finance to micro and small businesses in their countries.

Training Programs

ACLEDA Training Center (ATC) provides a diverse range of training courses that combine theory and practice — delivering the "know-how" and "show-how". Currently, three types of training are offered:
  • Technical training for MFI and bank management and staff includes credit and savings management, Risk Management, Internal Audit and Internal Control, and Transformation, Governance and Ownership, among other topics (see course topics).
  • Building inclusive financial sectors for Central Bankers and policy makers focuses on the regulatory environment and the development of financial inclusion in Cambodia. Meetings with the Central Bank regulators, supervisors and policy makers in Cambodia are key features of this program.
  • Exposure programs that are tailored to suit the visitor's needs and courses that suit the organization's training needs. See how ACLEDA Bank works in a variety of areas including Branch Management, Internal Audit and Internal Control, Secure Savings, or ATM operations.

KfW Fellowship Program Eligibility

Participants can apply for a fellowship by filling in the Fellowship Application Form. To be eligible for a fellowship, participants must meet three criteria:
  • The participant must work in, reside in or be a national citizen of one of the countries in ASEAN region or China. Priority will be given to residents and nationals.
  • The participant must be able to provide proof of identification that demonstrates nationality.
  • The participant must meet one of the following criteria:
    • Have more than one (1) year proven experience in microfinance as a practitioner
    • Work at least one year for the central bank and be involved in microfinance
    • Work at least one year as a policy maker responsible for microfinance
    • Work for a donor and be responsible for programs related to microfinance
Fellowships cover up to 50% of the tuition costs, and US$40 per day to support costs of moderate accommodation and meals.

 

Center Profile

Center Profile

Center Profile


Signing ceremony for the launching of the ACLEDA Training Center
ACLEDA Bank Plc, Cambodia's leading retail bank, began the ACLEDA Training Center (ATC) to provide training and consultative services internationally, with a focus in the ASEAN region and China. The Center is operated and managed by ACLEDA Bank Plc supported by the Government of the Kingdom of Cambodia, and co-financed by the Federal Republic of Germany through KfW.
We believe that successful, inclusive finance is based on a strong market orientation and building professional capacity to respond. We support this belief by sharing our technical expertise, the successful experience of ACLEDA Bank and engaging participants in sharing ideas and learning new skills.
ATC courses are designed for policy makers, Microfinance Institutions, NGOs, Banks and financial sector stakeholders — networks and associations, investors, UN and international development agencies and private funders.
We offer services as follows:

KfW Fellowship Program

The purpose of the KfW Fellowship Program for the ASEAN Region and China is to build microfinance capacity of practitioners, policy makers, regulators and other people relevant to the development of microfinance. Increased capacity at all levels of the financial system will have an impact on creating viable financial institutions that provide access to finance to micro and small businesses in their countries

ACLEDA Securities Plc.

 

ACLEDA Securities Plc. is a brokerage firm registered, as a Public Limited Corporation, under the law of the Kingdom of Cambodia, authorized by the National Bank of Cambodia and licensed by the Securities and Exchange Commission of Cambodia (SECC) to provide services as a Securities Brokerage Business to individual and institutional customers, investors and the public.
ACLEDA Unity
To take part in developing the national economy by providing banking services with advanced technology and high security, ACLEDA Bank developed a new modern service, ACLEDA Unity.

ACLEDA Unity offers access to financial services to the whole community across all mobile phone networks. It unites people under a financial umbrella that simplifies day to day banking allowing a wide range of transactions to be securely performed through your mobile phone anywhere in the country and overseas without having to visit a branch. It offers convenience, security and service wherever you are and whatever you are doing.
Benefits

Convenience: ACLEDA Bank is really easy to do business with.
Immediacy: I can interact with ACLEDA Bank where and when I want to.
Control: ACLEDA Bank puts me in the driver's seat.
Self-service: ACLEDA Bank lets me do it myself and it saves me time.
Engaged: ACLEDA Bank makes banking interesting and up to date.

Features

All brands of mobile phones and all networks are able to use ACLEDA Unity.
You can choose Khmer or English language for ACLEDA Unity.
ACLEDA Unity is available for Khmer Riel, US Dollar, and Thai Bath (for different currency of the account, the bank will convert it automatically based on the exchange rate of ACLEDA Bank).

Channels

With ACLEDA Unity, you can choose one or both of channels below to operate banking services based on your need.

Sending and receiving account information through SMS
Balance enquiry
Mini-statement
Mobile phone top up with 'hello (015/016/081/087), SMART Mobile (093/010/069/070/086/098), Beeline (090/068/067/066), Mfone (011/099/076/085/061), Online (iTop), qb (013/080/083/084), and Excell (018)'
Sending message for helps
Receiving message alerts from the bank
Request to connect Web Browser or Application
Accessing banking services via mobile phone's Web Browser or Application which is downloaded into mobile phone
Balance enquiry
Mini-statement
Own account transfer (in the same branch)
Person to person funds transfers (for account with ACLEDA Bank)
Bill payment with:
Electricité du Cambodge (EDC) in
Phnom Penh,
Kandal Province,
Battambang Province,
Sihanouk Province,
Siem Reap Municipality,
Kampot Municipality, and
Kampong Cham Municipality
Phnom Penh Water Supply Authority
Hello Axiata Company
Cogetel Limited (Online)
Mobile phone top up with 'hello (015/016/081/087), SMART Mobile (093/010/069/070/086/098), Beeline (090/068/067/066), Mfone (011/099/076/085/061), Online (iTop), qb (013/080/083/084), and Excell (018)'

Number of Transactions

You can transfer your funds to another person whose account is within ACLEDA Bank of up to 25 times per day and up to US$999 or equivalent for each transaction (for VIP customer: up to 10 times per day and up to US$5,000 or equivalent for each transaction). Besides this, it is unlimited.

How to register for ACLEDA Unity

User's Manual and Brochure

Please click on the links below to download User's Manual and Brochure of ACLEDA Unity in PDF file format.

Terms and Conditions

Please click on the links below to download Terms and Conditions of ACLEDA Unity in PDF file format.

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