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Tag Archives: Commercial banks
Broaden Your Business Scope With The Help Of A Commercial Lender
Adevelopingbusinessis often apowerfulentity.For ittocontinuedeveloping, itneedsaddedsourcesto financeitsdailyoperationsas wellas itsgrowthandgrowthefforts. Enterprisesengaged inmanufacturing,for example, whenfeelinggrowth, wouldwantsupplementarymoneyto buyaddedraw materialsas well as tofund operationseven thoughexpectingthe collectionof receivables.The samebusiness enterprise, ifencounteringhugegrowth, wouldneedaddedcapitalto financebuildingrenovations(to offerway foranincreasedproductioncapability), or wouldneeda lot morecapitalto buyaddedequipment(toincreaseproductioncapability). The infusion ofaddedmoneymayalso berequiredto fundvehicle purchasesfor useinshipping, for pick-up,and evenfornormalbusiness operations.Once thegrowthisdefinitelylarge,fundsmayberequiredto fundassetacquisitionsuch asfor land or building. All thesemakea challenge to … Continue reading
US Commercial Banks – Quick Facts
Business organizations in the US have special commercial banks to cater to their needs. Commercial banks handle loans, financial transactions and market trades of the associated organizations. Commercial banking also goes by the name of business banking. US commercial banks are not to be confused with investment banks or retail banks, as the three of … Continue reading
Limitation of using credit card in Cambodia
Cambodia’s banking industry is gaining confidence from Cambodian people in the last decade. Most of people living in cities and big provinces stopped from keeping their money at home but they have started putting them at commercial banks. By the way, the limited number of people is using credit card in the nation. Most of … Continue reading
Cambodian people feel confidence of Cambodia banks
In the last decade, it is because of sustainability of politics and economics, Cambodian people feel confidence of Cambodian banking sector, and they dare to deposit their money at banks, not keep it in home as before. Public confidence in Cambodia’s banking sector is growing and has managed to withstand the onslaught from the global … Continue reading
Branch of Bank of China opened in Cambodia
The National Bank of Cambodia (NBC) gave in-principal approval to the Bank of China to open its business in Cambodia in June 2010. Yesterday, it is the first time that branch of Bank of China opened its business operation and customers can open bank accounts at the bank. The office of Branch of Bank of … Continue reading
CIMB officially launched its business in Cambodia
CIMB Bank Plc, which is CIMB Group’s subsidiary, was officially opened its business yesterday in Cambodia after getting licence of banking operation. CIMB received approval in principal to establish and operate in the Kingdom of Cambodia six months ago to offer banking products and services to Cambodians and foreign businessmen. Datuk Seri Nazir Razak, Chief … Continue reading
