Cambodian Economy Reviews

Despite the global financial crisis, US president Barak Obama issued a new release on June 13, 2009 from Washington D.C to decide to make business loan available for American investors who are making investment in Cambodia. It is expected that this decision is to encourage more private companies from America to ask for commercial loans [...]

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 Soksamnang, [...]

Commercial banks are playing an important role in providing loans for Cambodia’s small and medium enterprises to drive the economic growth, but small enterprises lack the formal financial support to expand their business, it is because the banking and financing sector do not access the remote rural areas. According to studies, there are around 64,000 [...]

WHILE most banks remain reluctant to provide real estate loans to customers amid the global financial downturn, a new microfinance institution set to launch June 8 says it will channel lending to house purchases and construction.
“For the first time, home financing will be available to middle- and lower-income Cambodians,” Talmage Payne, CEO of newcomer First [...]