Posts Tagged ‘Business loan’
Bank deposits climb in first half
Tuesday, July 7, 2009 15:23 1 CommentA NUMBER of leading banks have reported a rise in deposits in the first six months of the year compared with the same period last year.
They said the reasons were two-fold. Firstly, clients are turning to quality institutions to manage their deposits, and secondly, the economic crisis means people are saving rather than investing.
The banks [...]
Commercial loan available for American investors in Cambodia
Wednesday, July 1, 2009 7:19 No CommentsDespite the global financial crisis, US president Barak Obama issued a new release on June 13, 2009 from Washington D.C to decide to make business loan available for American investors who are making investment in Cambodia. It is expected that this decision is to encourage more private companies from America to ask for commercial loans [...]
Mobile phone banking system operated in Cambodia
Tuesday, January 27, 2009 8:41 9 CommentsThe first-ever mobile phone banking service, known WING, was launched by financial services provider Australia and New Zealand (ANZ) Banking Group, which is a start-up offering mobile phone payments services in Cambodia, aimed mainly at the unbanked, the service enables user to make various transactions.
New SMS based-mobile phone payments services, WING, which is ANZ’s new [...]