Acleda Bank changed its 23-year-old logo and began replacing signage across the country on Friday at a cost of at least $3.5 million after the government said the design—a majestic, mythical bird encased in a circle—was too similar to that of the Economy and Finance Ministry’s, according to the bank’s president.
“It will not affect anything because the new logo also has Acleda” written on it, he said. “It will affect the expenses, because we did not plan to spend on it.”
Seems to me like an awfully large expense hit. And, after 23 years the government decides to force the bank to change the signage?
The Cambodia Daily