Tag Archives: In Channy

ACLEDA bank to expand its branches in Lao

In the last decade, the growth of commercial banking system in Cambodia, local largest ACLEDA bank, Cambodian owner, is expanding its operation across Cambodia, and started setting up its branches in Lao to serve customers since July 2008 with three branches in Vientiane Capital, Savannakhet and Champasak province. At the end of the year of … Continue reading

National Bank of Cambodia’s capital requirement affected the small and new banks

In an effort to tighten and strengthen the banking sector and to lower the inflation, the National Bank of Cambodia (NBC) has tripled the minimum capital requirement for commercial banks in Cambodia. According to the NBC’s Prakas on new capital requirement and criteria for licensing approval on September 19, 2008, commercial bank reserves were raised … Continue reading