FTB signs MoU with Tong Yang

The Foreign Trade Bank of Cambodia (FTB) and Tong Yang Securities (Cambodia) yesterday signed a memorandum of understanding on financial consultation services and trade co-operation that is hoped to expand banking and securities business in the country. The MoU should bring the bank and the securities firm into close co-operation on financial advising in a market with an increasing demand for the services. The bank has shown interest in a possible public listing, but no time frame was given…

http://www.phnompenhpost.com/index.php/2012042055666/Business/ftb-signs-mou-with-tong-yang-mulls-ipo.html