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Tag Archives: banks
US Retail Banks
Retail banks are general banking institutions that deal with individual customers and small scale industrialists. They keep their customer’ money safe and give them financial tips and guidance. These banks normally deal in home loans, savings, as well as checking … Continue reading
Posted in Banking System
Tagged banking, banks, colorado banks, Finance, retail banks, usa banks, utah banks
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ACLEDA stake sold ‘much higher’ than book value: CEO
JARDINES Matheson Group would have paid “much higher” than the book value for its purchase of a 12.25 percent stake in ACLEDA Bank announced Thursday, said the lender’s CEO and President In Channy. Although neither Jardines nor FMO, the Dutch … 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, banks, 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 banks, commercial public bank, credit card in cambodia, credit card service, khmer bank, microfinance Cambodia, microfinance in Cambodia, microfinance loan, Mincrofinance, money banking in cambodia, money transfer via bank, National Bank of Cambodia
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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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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
Economic meltdown
THE current economic crisis is unravelling before us faster than even the most pessimistic of experts predicted just a few months ago. The effects are already trickling down to ordinary working people. In the Asia Pacific region, the International Labour … Continue reading
Reserve requirements
ON July 11, 2008, the price of a barrel of oil hit a record US$147.55, and most natural resource and food commodities were setting new highs and increasing inflation. In Cambodia there were stories of people switching from cars and … Continue reading