News

No plans for Islamic banking services yet

27 February 2013
The Phnom Penh Post
Banking and financial services / Economy and commerce
alcohol / Cambodia’s milled rice / capital / central bank / commercial banking / director-general / Financial Sector Development Strategy / forecast / Gambling / interest on loans / investments / Islamic banking services / Islamic Council for Development of Cambodia / Islamic deposits / Islamic principles / local banks / main export market / Middle East / Ministry of Commerce / Muslims / National Bank of Cambodia / NBC / Nguon Sokha / Pork / Qatar Airway’s Doha-Phnom Penh flights / regulatory framework / secretary-general / separate subsidiary / Sles Nazy / strategy

WHILE investments from the Middle East into Cambodia are expected to increase over the next few years, the central bank here currently has no plans to launch Islamic banking services. Recent events like Qatar Airway’s Doha-Phnom Penh flights, which launched earlier this month, have been expected ...

http://www.phnompenhpost.com/2013022761645/Business/no-plans-for-islamic-banking-services-yet.html

Sumimoto Mitsui sins agreement with Acleda

27 August 2012
Economics Today
Banking and financial services / Economy and commerce / Investment
ACLEDA Bank / banking / banking sector / Banks / commercial banking / Financial Services / foreign investment / Japanese investors / National Bank of Cambodia / SMBC / Sumimoto Mitsui Banking Corporation

One of Japan’s biggest banks, Sumimoto Mitsui Banking Corporation (SMBC) signed agreement with Acleda Bank to share market data and banking services. The deal will give Japanese investors information on the economy and offer other banking services and is aimed at improving bilateral trade and investment. The deal would ...

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News

No plans for Islamic banking services yet

Sumimoto Mitsui sins agreement with Acleda

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