Tag Archives: lending a loan

Banks report higher lending in Q1

BANKS saw increased lending in the first quarter this year, with bad loan rates declining and demand in key sectors rising, officials said. Lending at Canadia Bank rose 5 percent, to US$405 million, in the first quarter, up from $385 … Continue reading

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ADB grants soft loan for financial system reform

According to the Asian Development Bank (ADB)’s announcement, it would be granting a US$10 million soft loan to develop and reform the Cambodian government’s financial system such as the establishment of a financial intelligence unit at the National Bank of … Continue reading

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Maybank opened 5th branch in Phnom Penh

Despite the time of the global financial crisis, Malayan banking Bhd (Maybank) still opened its fifth branch located at Olympic stadium in Phnom Penh city, it is expected that the new branch will help boost loan and deposit growth by … Continue reading

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