Room for Improvement in Cambodia’s Bank Sector
While Cambodia has made considerable strides in its banking sector, it still lags behind countries in the region in the areas of e-banking and access to services, industry experts attending the Fifth Banking and Microfinance Conference at the Intercontinental Hotel in Phnom Penh said yesterday. …
Ros Sokha, senior manager of cards and e-banking at the Foreign Trade Bank of Cambodia , said information technology and connectivity would help drive an industry that currently trails behind regional neighbours Thailand, Vietnam and Malaysia. …
At the end of March, Cambodia had 713 ATMs, compared with 613 after the first three months of 2012, data from the National Bank of Cambodia show. At the end of 2011, meanwhile, the Kingdom counted only 500 machines. …