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Tag Archives: Acleda
Moody upheld Acleda bank rating
On Friday, 19 June, 2009, Moody, US-based global credit risk agency, confirmed in its statement that it has kept up the bank’s previous ratings mainly due to the role of Acleda’s shareholders, have has long-term focus and have demonstrated their … Continue reading
Posted in Banking System
Tagged Acleda, banking, banking sector, Commercial banks, Financial crisis, financing service, Moody
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ACLEDA extended its branch to Kampot
Despite the global financial crisis, ACLEDA bank, leading commercial bank, still widened its operation across country. On Wednesday the bank opened up its new branch in Kampot province in order to tap into a considerable local market for small loans. … Continue reading
Posted in Banking System
Tagged Acleda, acleda bank, ANZ bank, ATM Cambodia, ATM in cambodia, ATMs in Cambodia, bank Cambodia, bank in Cambodia, bank notes, bank of Cambodia, banking sector, Cambodia ATM, cambodia bank, Cambodia banking, Cambodia microfinance, Cambodia stock exchange, Cambodia stock market, Cambodian bank, Cambodian banks, cambodian commercial bank, Cambodian currency, Cambodian money, cambodian national bank, commercial bank, commercial public bank, credit card in cambodia, credit card service, khmer bank, loans, microfinance Cambodia, microfinance in Cambodia, microfinance loan, money banking in cambodia, money transfer via bank, National Bank of Cambodia, Small business
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Banking on an economic crisis
EXACTLY one year after the subprime mortgage crisis first hit in the United States in July 2007, Cambodia’s central bank took measures to reduce liquidity in its undeveloped financial system by doubling reserve requirements from 8 percent to 16 percent. … Continue reading
Posted in Banking System
Tagged Acleda, acleda bank, ANZ, ANZ bank, ATM Cambodia, ATM in cambodia, ATMs in Cambodia, bank Cambodia, bank in Cambodia, bank notes, bank of Cambodia, banking system, banks, Cambodia ATM, cambodia bank, Cambodia banking, Cambodia loan, Cambodia microfinance, Cambodia stock exchange, Cambodia stock market, Cambodian bank, Cambodian banks, cambodian commercial bank, Cambodian currency, Cambodian money, cambodian national bank, car loan from Cambodia bank, car loan in Cambodia, central bank, Commercial banks, commercial public bank, credit, credit card in cambodia, credit card service, economic slowdown, global financial crisis, High loan, khmer bank, microfinance, microfinance Cambodia, microfinance in Cambodia, microfinance loan, money banking in cambodia, money transfer via bank, motorcycle loan in Cambodia, National Bank of Cambodia, SMEs, soft loan for financial system
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ACLEDA posts rise in loans, deposits in Laos
ACLEDA Bank has posted healthy first-quarter figures for its operations in Laos, a bank representative said Tuesday, with the Cambodian-owned bank recording large increases in both deposits and loans, defying the financial crisis. Yin Virak, ACLEDA vice president and head … Continue reading
Posted in Banking System, Loan
Tagged Acleda, acleda bank, ANZ bank, ATM Cambodia, ATM in cambodia, ATMs in Cambodia, bank Cambodia, bank in Cambodia, bank notes, bank of Cambodia, banking system, Cambodia ATM, cambodia bank, Cambodia banking, Cambodia loan, Cambodia microfinance, Cambodia stock exchange, Cambodia stock market, Cambodian bank, Cambodian banks, cambodian commercial bank, Cambodian currency, Cambodian money, cambodian national bank, car loan from Cambodia bank, car loan in Cambodia, Commercial banks, commercial public bank, credit card in cambodia, credit card service, khmer bank, lender, loans, microfinance Cambodia, microfinance in Cambodia, microfinance loan, money banking in cambodia, money transfer via bank, motorcycle loan in Cambodia, National Bank of Cambodia, soft loan for financial system
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Liquidity to stay tight: IMF
THE International Monetary Fund (IMF) on Friday said banking sector liquidity would remain tight for the rest of the year in a statement on the Cambodian economy following a routine visit to the Kingdom that ended Wednesday. The IMF blamed … Continue reading
Posted in Banking System
Tagged Acleda, acleda bank, ANZ, ANZ bank, ATM Cambodia, ATM in cambodia, ATMs in Cambodia, bank Cambodia, bank in Cambodia, bank notes, bank of Cambodia, banking system, Cambodia ATM, cambodia bank, Cambodia banking, Cambodia loan, Cambodia microfinance, Cambodia stock exchange, Cambodia stock market, Cambodian bank, Cambodian banks, cambodian commercial bank, Cambodian currency, Cambodian money, cambodian national bank, capital, car loan from Cambodia bank, car loan in Cambodia, central bank, Commercial banks, commercial public bank, credit card in cambodia, credit card service, IMF, khmer bank, liquidity, microfinance Cambodia, microfinance in Cambodia, microfinance loan, monetary easing, money banking in cambodia, money transfer via bank, motorcycle loan in Cambodia, National Bank of Cambodia, soft loan for financial system
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Credit crunch hits MFIs
MICROFINANCE organisations said they expect slower growth and higher interest rates as the credit crunch hits foreign lenders who had been a key source of funding to local MFIs. The main threat, sources said, stems from the decrease in available … Continue reading