Annual report 2008-OK-B-up.qxp - Canadia Bank Plc.
Annual report 2008-OK-B-up.qxp - Canadia Bank Plc.
Annual report 2008-OK-B-up.qxp - Canadia Bank Plc.
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With the financial year end <strong>2008</strong> we put our new core banking system "T 24" into full operation. This system<br />
allows the speedy daily consolidation of the Head Office and branch operations, assures <strong>up</strong> to date<br />
Management Information Systems (MIS), streamlines overall <strong>report</strong>ing requirements and provides more<br />
efficient services to all our clients. In addition this system allows us to be prepared for the challenging<br />
future of internet banking.<br />
Our commitment in the development of our Human Resource Capital is in full swing. Intensive skills training<br />
on management and staff level has been developed in <strong>2008</strong> and will continue to be a priority during<br />
2009. Our ATM network has increased to 48 ATM machines at the end of <strong>2008</strong>. Another 17 ATM outlets are<br />
planned to be installed in 2009. Our exclusive agreement with China Union Pay (CUP card or Chinese Credit<br />
Card) has been implemented in <strong>2008</strong> and will increase our market share in the credit card market in 2009.<br />
We plan to expand our branch network with 4-5 new branches in strategic locations in Provinces and<br />
Districts nationwide. The board of directors of the bank has decided to publish annual and half yearly<br />
financial results in all major newspapers in Cambodia in order to be as transparent as possible to our clients<br />
and the general public. During 2009 we will also offer a number of scholarship program for applicants with<br />
a high-level academic track record with the possibility to enter into a full-time job with the bank after<br />
graduation. And in later 2009 the Head Office of <strong>Canadia</strong> <strong>Bank</strong> will be ready to move into the new <strong>Canadia</strong><br />
Tower.<br />
Acknowledgements<br />
Like every year since we have published our annual <strong>report</strong> I would like on behalf of the board of directors<br />
and the management of the bank to thank all shareholders, customers, regulating authorities, s<strong>up</strong>pliers<br />
and friends of <strong>Canadia</strong> <strong>Bank</strong> for their loyalty and s<strong>up</strong>port.<br />
Last, but not least my vote of thanks goes to our employees at all levels for their hard work for the bank<br />
and loyalty to the bank during the past year. Without them our success and outstanding results would not<br />
be possible. Our strong and competent human resource capital will remain a key factor for our future goals<br />
and challenges<br />
Pung Kheav Se<br />
President and Chief Executive Officer<br />
Date: 15 June 2009<br />
<strong>Annual</strong> Report <strong>2008</strong> 7
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