Bank unaffected by partner’s suspension

22 September 2011
The Cambodia Daily
Economy and commerce
capital levels / financial regulator / Korea's Financial Services Commission / South Korean aid / suspended / Tomato Savings Bank / Tomato Specalized Bank / Tomato Specialised Bank

The senior manager of Tomato Specialized Bank yesterday said the bank would continue to operate in Cambodia despite a decision by South Korea’s financial regulator to suspend one of its partners. Korea’s Financial Services Commission on Sunday announced that seven banks, including the Tomato Savings Bank, had been suspended due to concerns over capital levels…

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