Tag Archives: foreign exchange

Dealing with the dollar dilemma

THE function of money in Cambodia is served by the national currency, the riel, and a handful of foreign currencies, including the Vietnam dong, the Thai baht and the US dollar. In fact, approximately 90 percent of all transactions today … Continue reading

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Vattanac Bank opened 3th Branch in Phnom Penh

Despite the global financial crisis, Vattanac Bank extended its operation by opening the third branch on Monday near Olymic stadium in Phnom Penh. The bank received its banking license from the National Bank of Cambodia on June 07, 2002 and … Continue reading

Posted in Banking System | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 1 Comment