Acleda Bank celebrates successful entry at Cambodia's Stock Exchange

ACLEDA Bank employees count local and US currency inside the bank in Phnom Penh. Cambodia's largest commercial bank opened on the country's bourse on May 25, the first financial institution to list on the country's fledgling stock exchange as global economies are hit with the destabilising impacts of a pandemic. - AFP

PHNOM PENH: Cambodian commercial bank Acleda made its debut on the Cambodia Securities Exchange (CSX) on Monday after an initial public offering (IPO) raised US$17.5 million.

The locally-owned bank becomes the sixth equity-listed firm and is the first commercial bank that issued its IPO on the kingdom's bourse.