Aceleda Bank, Cambodia’s largest bank by assets, reported a net profit of $28.39 million in first quarter this year, down slightly from $30.19 million in the same period in 2016, according to the bank’s latest financial report.

The bank said it continued to increase its deposit base, with customer deposits at $2.98 billion as of the end of March 2017, while loans and advances given out by the bank reached a total of $2.9 billion.