ACLEDA started life providing credit to small and medium-sized businesses operated by victims of war in Cambodia. Following a strategic shift, ACLEDA entered the banking market, and implemented Temenos T24 Transact to underpin the transformation. Using the Temenos platform, the bank has developed retail services including loans, online accounts, cash management and trade finance. These packages have won ACLEDA the status of Cambodia’s leading commercial bank and enabled international growth, with 40 branches in Laos and Myanmar.
”Temenos is the software company that invests on R&D that can help any kind of their clients from microfinance, retail banking and corporate banking and drive them into a competitive market.”Sokleng Meng, VP & Deputy Head of IT Division