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 support to the bank by providing equity and debt financing since its inception. According to [...]
Posts Tagged ‘banking’
Moody upheld Acleda bank rating
June 29th, 2009 
Cambodia Economy 
Posted in Banking System 
Tags: Acleda, banking, banking sector, Commercial banks, Financial crisis, financing service, Moody 
No Comments »Central Bank Sees No Emergency Loan Requests
June 19th, 2009 Cambodia Economy Not a single lending institution in six months has taken the National Bank up on an offer of emergency loan assistance, officials said Friday. Emergency loans are available to banks facing liquidity constraints in the wake of the global financial crisis, but so far “none of the banks have applied for a loan,” according to [...]
Posted in Loan Tags: banking, banking sectors, Cambodian banks, central bank, Commercial banks, Financial crisis, grant loans No Comments »Maybank opened its first branch in Siem Reap
June 10th, 2009 Cambodia Economy Malayan Banking Bhd (Maybank) which opened its third branch in Phnom Penh early this year, it started opening its first provincial branch in Siem Reap province. That is the fourth branch operating since Maybank set up its branch in Cambodia in 1993. Chou Teong Boon, branch manager, was quoted by the Phnom Penh Post as [...]
Posted in Banking System Tags: banking, banking sector, Cambodian banks, Commercial banks, Maybank 1 Comment »
