News

Campu Bank sees gains in first 9 months

Cambodia Public Bank (Campu Bank), a subsidiary of the Malaysian Public Bank Group (PBB), posted strong gains during the first nine months of the year.​​ ...

May Kunmakara
http://www.phnompenhpost.com/business/campu-bank-sees-gains-first-9-months

Japanese firm signs agreement with bank

Publicly listed Japanese conglomerate Resona Holdings signed an agreement yesterday with Cambodia Public Bank (Campu) aimed at increasing its customer base in the Kingdom’s banking sector. Resona Holdings subsidiary firms Resona Bank, Saitama Bank and Kinki Osaka Bank are all part of the agreement, which allows ...

Hor Kimsay
http://www.phnompenhpost.com/business/japanese-firm-signs-agreement-bank

Despite downgrades, bankers report uptick

Despite the recent downgrading of two of Cambodia’s major banks by ratings agencies Moody’s and Standard & Poor’s, bankers said yesterday that profits are up, loan portfolios are growing at a fast tick and non-performing loans are shrinking. In Channy, president and CEO of Acleda Bank, ...

Outlook on Campu 'negative'

Moody’s Investment Services yesterday announced a change in outlook for Cambodian Public Bank to “negative” from “stable”, citing increasing risks in the Kingdom’s banking system and exposure to slow-downs in Western markets. While CamPu Bank country head Phan Ying Tong said yesterday the company’s financial position ...

http://www.phnompenhpost.com/index.php/2011092151766/Business/outlook-on-campu-negative.html

Banking Sector Sees Strong Growth in 2011

Earnings from two of Cambodia’s banks have shown growth within the sector for the first six months of 2011. Acleda Bank and Cambodian Public Bank Plc, have had their profits rise to $21.7 million and $13.4 million respectively. The banks have grown as a result ...

Growth in vehicle sales fuelled by bank loans, dealers say

Commercial banks are providing more loans for vehicle purchases, leading to a jump in car sales this year, according to dealers. While the improved domestic economy and effects of the March disasters in Japan on its competitors had improved sales figures of Great Wall vehicles, ...

http://www.phnompenhpost.com/index.php/2011070450153/Business/growth-in-vehicle-sales-fuelled-by-bank-loans-dealers-say.html

Growth in vehicle sales fuelled by bank loans, dealers say

Commercial banks are providing more loans for vehicle purchases, leading to a jump in car sales this year, according to dealers. While the improved domestic economy and effects of the March disasters in Japan on its competitors had improved sales figures of Great Wall vehicles, increased ...

http://www.phnompenhpost.com/index.php/2011070450153/Business/growth-in-vehicle-sales-fuelled-by-bank-loans-dealers-say.html

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