Loans, deposits mirroring growth
Loans and deposits at Cambodia’s 32 commercial banks rose by more than 30 per cent and 20 per cent, respectively, year-on-year in the first half of 2012, which the central bank governor and economists said reflected the growth in economic activities even as export growth has slowed. … “These improvements in loans and deposits, which including the precautionary measurements taken by the NBC, have lowered the non-performing loan [NPL] rate to 2.4 per cent of total loans,” Chea Chanto, NBC’s governor said during a meeting last Thursday. “What is important is that the banks have expanded by 11 branches and also opened representative offices abroad, in places such as Laos and Myanmar,” he said. …
http://www.phnompenhpost.com/index.php/2012072457572/Business/loans-deposits-mirroring-growth.html
