Japanese bank to sign cooperation deal with Cambodian bank
Sumitomo Mitsui Banking Corporation, one of the leading banks in Japan, will sign a memorandum of understanding with Cambodia’s leading Acleda Bank on Friday for business cooperation, according to a press release from Acleda on Thursday. Under the agreement, both banks will provide mutual support for their respective clients, in addition to their economic cooperation in such activities as loans, deposits, money transfer, cash management, and other trade finance services, said the press release…
http://news.xinhuanet.com/english/business/2012-08/23/c_131803018.htm
