Japanese Mizuho Bank looks into Cambodian financial sector
Mizuho Bank, one of Japan’s largest banks, opened a representative office here Monday thanks to increasing interest in Cambodia by Japanese investors, a bank official said. … To date, Cambodia has five foreign banks’ representative offices, 34 commercial banks, seven specialized banks and 37 microfinance institutions, according the National Bank of Cambodia. Japan is one of Cambodia’s key donors, however, the two countries’ trade and investment volumes remain small. Last year, the bilateral trade volume was worth 641 million U.S. dollars, up 25 percent year-on-year, according to the Japan External Trade Organization. … The Japanese Embassy in Cambodia said earlier this year that Japanese investors had invested about 300 million U.S. dollars in Cambodia in the last three years. …
http://news.xinhuanet.com/english/world/2013-07/08/c_132522621.htm
