PPLS & ACLEDA Bank Ink Strategic Collaboration to Empower Overseas Investors, Honing Cambodia’s Financial Growth
April 4, 2025 – In a landmark event aimed at fostering economic growth and enhancing financial services for overseas investors, PP Link Securities (PPLS) and ACLEDA Bank Plc. officially signed a Collaboration Agreement on Providing Overseas Investors with Credit Facility Services. The signing ceremony and press conference were held at the prestigious Golden Tower in Phnom Penh, Cambodia.
The event, themed “Empowering Overseas Investors, Driving National Growth”, was graced and witnessed by His Excellency Mr. Sou Socheat, Delegate of the Royal Government in Charge as Director-General of the Securities and Exchange Regulator of Cambodia (SERC), and Mrs. Bun Sovatdy, Chairwoman of the Derivatives Brokers Association in Cambodia (DBAC). Numerous top executives from other derivative brokers and central counterparties in Cambodia also attended, highlighting the significance of this partnership in advancing Cambodia’s financial sector and supporting the nation’s economic development.
The agreement was formally signed by Dr. Raymond Choi, Advisor to the Board of Directors of PPLS, and Mr. Neth Piseth, Head of Financial Services Division of ACLEDA Bank Plc. This collaboration represents a significant milestone in Cambodia’s financial landscape, aiming to provide overseas investors with seamless access to credit facilities. This initiative is poised to boost investment opportunities and economic growth in the region.
During the ceremony, Dr. Raymond Choi expressed his enthusiasm for the partnership, stating, “This agreement represents a shared vision to create a more inclusive and accessible financial ecosystem. By combining our strengths, we are committed to delivering innovative solutions that empower investors and contribute to Cambodia’s economic prosperity.”
Emphasizing on this transformative potential of the partnership, Dr. Raymond Choi added, “While this collaboration is expected to unlock new opportunities for overseas investors by simplifying the process of accessing credit facilities, the initiative will not only enhance investor confidence but also position Cambodia as an attractive destination for foreign investment.”
Mr. Neth Piseth echoed these sentiments, emphasizing ACLEDA Bank’s dedication to supporting investment initiatives that drive sustainable growth. “We are proud to partner with this leading derivatives broker [PPLS] in this endeavor,” he stated. “This collaboration further upholds our commitment to providing world-class financial services and fostering a business-friendly environment for overseas investors.”
The press conference following the signing ceremony allowed media representatives to gain deeper insights into the partnership’s objectives and anticipated impact. Attendees were also given a preview of the innovative services and solutions that will be introduced as part of this collaboration.
Addressing a key question from the media, “What is exactly the Credit Facility about? And what are the key advantages that overseas clients can get from this collaboration?” Dr. Raymond Choi explained, “The Credit Facility is an innovative capital diversification solution. It allows overseas clients who open a term deposit with ACLEDA Bank to utilize up to 80% of their savings as investment capital credit with PPLS. In simple terms, clients can enjoy the interest rate offered by the bank while simultaneously diversifying their investments through PPLS’s investment services. This dual benefit is a game-changer for investors seeking both security and growth opportunities.”
In nutshell, this PPLS-ACLEDA partnership has set a new standard for collaboration in the financial sector and paved the way for a brighter, more prosperous future for overseas investors and the Cambodian economy alike.
