News
ACLEDA capitalises for growth
ACLEDA Bank, the largest locally owned commercial bank in Cambodia, said it has raised its current registered capital by $72.5 million, to $185.6 million, for business expansion domestically and internationally. It is the tenth time the bank has done so. ... ...
http://www.phnompenhpost.com/2013052365788/Business/acleda-capitalises-for-growth.html
PM Defends Interest Rates
Prime Minister Hun Sen yesterday lashed out at the opposition party’s concerns over the interest rates charged by commercial banks to farmers. SRP lawmaker Yim Sovann said commercial banks in Cambodia charge customers very high interest rates, and said it is much higher than in other ...
http://www.phnompenhpost.com/2013051665645/Business/pm-defends-interest-rates.html
Acleda Plans to Launch Internet Banking Services
Acleda Bank PLC plans to launch internet banking services in September, the bank’s president and CEO, In Channy, said yesterday. ... Internet banking will be available to customers in Cambodia and abroad, Mr. Channy said. ... The system Acleda chose, he said, is used by many leading ...
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