The year 2023, Cambodia economy still continues to recovery from the impacts of the COVID-19 pandemic, the risk to the outlook stem from external challenges and weakness in parts of the real estate sector. Economic sectors have been facing challenges but thanks to the country’s current political stability, there is clear confidence from national and foreign investors. This looks to be very promising for the continued growth and expansion of the Cambodian banking system and the general recovery and growth of our economy. The pandemic is clearly far from being over. Moreover, the National Bank of Cambodia (NBC), has encourage banking and financial institutions and issued the Circular on Restructuring of loan for tourism sector in Siem Reap Province, enabling customers facing temporary financial difficulties to overcome these challenges without resorting to 12-month which lead to supporting the economic growth in year 2024. During the pandemic Evergrowth (Cambodia) Specialized Bank Plc. continues lending operations as normal as well as trying to collect repayment in order to support the needs of residential from clients, and maintained quality of loan portfolio. However, gross loan portfolio was increased to around USD14.96 million and Operating Incomes was (USD807 Thousand) because of impairment provisioning of USD1.31million. The Board of Directors are delighted with the Bank’s performance in 2023 and we will keep playing an active role in overseeing the Bank’s strategy, which will be executed following the best practices and standards. The bank has enhanced its corporate governance and management to maximize efficiency and to achieve the bank’s goals. In particular, I am pleased to extend thanks and appreciation for the on-going guidance and support we have received from the National Bank of Cambodia. I am so grateful to all other stakeholders such as regulatory authorities, communities, customers, business partners, for the overall support the bank to enable us to make our commitments towards more improvements. I would like to take this opportunity to thank my board colleagues, as well as the management team in efficiently executing their respective duties. We look forward to the continuous support from all stakeholders in ensuring the bank continues to deliver balanced, sustainable and inclusive growth in 2024 and beyond. It has been a pleasure for me to be a part of Evergrowth (Cambodia) Specialized Bank Plc.