Cambodia
ACLEDA Bank Reports 14% Profit Increase in Q3 2026 Amid Economic Resilience
The Cambodian bank's profit reaches $67 million, driven by higher interest income and lower funding costs, despite a rise in non-performing loans.
ACLEDA Bank Plc has announced a profit after tax of KHR271.52 billion (approximately $67.12 million) for the third quarter of 2026, marking a 14.05% increase compared to the same period last year. This growth is attributed to a significant rise in net interest income and a decrease in funding costs, according to the bank's quarterly report.
Chairwoman Kim Sotheavy highlighted that total revenue for the quarter reached KHR1.05 trillion (around $257 million), up 10.37% year-on-year. Net interest income alone rose by 18.32% to KHR680.81 billion (about $167 million), buoyed by an 8.61% increase in interest income coupled with an 8.99% reduction in interest expenses. Despite these positive figures, the bank's non-performing loan (NPL) ratio increased to 6.94% from 5.94% at the end of 2025, which is still below the sector average of 9.6%, as reported by the National Bank of Cambodia.
In her message, Sotheavy said Cambodia's economy had continued to demonstrate resilience despite external uncertainty, border tensions and higher energy costs. The bank's expansion into digital services, including the AC Super App, has also contributed to its growth. The total loan portfolio grew by $477.21 million since the end of 2025, indicating a strong demand for banking products and services.
“Cambodia's economy had continued to demonstrate resilience despite external uncertainty, border tensions and higher energy costs.”Kim Sotheavy, Chairwoman
However, the bank faced higher credit impairment costs, with net impairment losses rising to KHR70.06 billion (approximately $17 million) from KHR8.45 billion ($2.1 million) in Q3 2025. Operating expenses also increased by 5.93% to KHR339.11 billion (around $83 million), reflecting the bank's ongoing investments in its operations.
As of September 30, 2026, ACLEDA Bank's total assets were reported at KHR49.86 trillion (approximately $12.2 billion), up 3.39% from the end of 2025. The bank's share price closed at KHR10,380 ($2.55) on November 12, 2026, according to the Cambodia Securities Exchange.