Maybank steers for untapped markets

Maybank will bet on what it said was Cambodia’s low bank-penetration rate for future growth as it transitions from a branch of its Malaysian parent into a locally incorporated subsidiary. With 34 licenced banks operating in a market with US$4.07 billion in loans in 2011, analysts have long called the sector saturated. …

http://www.phnompenhpost.com/index.php/2012040555439/Business/maybank-steers-for-untapped-markets.html