National Bank of Canada says not engaged in ABA sale process

National Bank of Canada said in a statement: “Following the publication of media articles this morning, and while it is not customary for National Bank to comment on market rumors, the Bank is currently not engaged in any process or negotiations for the sale of ABA Bank, nor has it hired any advisors. ABA is a success story, delivering strong growth and superior returns for National Bank…We continue to be pleased with its performance and strong track record, its talented management team, strong execution and prudent risk management. National Bank continues to support ABA’s growth and participation in the establishment of a sound and resilient banking industry for Cambodia, underpinned by attractive economic prospects and strong fundamentals.”