Despite the global financial crisis, ACLEDA banks, 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. It is the 14th branch standardizing like branches set up in Cambodia and Laos. Say [...]
Posts Tagged ‘commercial bank’
ACLEDA extended its branch to Kampot
June 24th, 2009 
Cambodia Economy 
Posted in Banking System 
Tags: Acleda, banking sector, Cambodian banks, commercial bank, loans, Small business 
No Comments »Indian bank opened its branch in Cambodia
May 28th, 2009 Cambodia Economy Despite the global financial crisis, the new Indian bank still starts operating its door in Cambodia following the South Korean bank-Kookmin- operated in Phnom Penh in the earlier this month. The opening of the bank of India is part of a growing interest from foreign banks that have sought to invest in the Cambodian economy, [...]
Posted in Banking System Tags: banking, banking sector, Cambodian banks, capital market, commercial bank, Financial crisis, indian bank No Comments »Credit crunch hits MFIs
March 6th, 2009 Cambodia Economy 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 capital as foreign backers trim their emerging market investments, leaving microfinancers less able to serve [...]
