Acleda widens capital channel to South Korea
A new draft agreement between the largest banks in Cambodia and South Korea aims at facilitating the flow of money transfers between the two countries, making it easier for companies that import Korean goods to settle their invoices and for migrant Cambodian workers to send money home to their families, banking officials said.
In Channy, president and group managing director of Acleda Bank, said as both the number of Cambodian workers in South Korea and Korean companies operating in Cambodia have increased, the volume of money transactions between the two countries has risen. …
Sor Chandara
http://www.phnompenhpost.com/business/acleda-widens-capital-channel-south-korea
