News

Mizuho Bank lends $55M for electricity

Japanese lender Mizuho Bank Ltd will provide a $55 million loan to refinance a project for power transmission line operator Cambodian Transmission Ltd (CTL), it said in a press release on Wednesday. ...

Thou Vireak
https://www.phnompenhpost.com/business/mizuho-bank-lends-55m-electricity

Mizuho opens Phnom Penh branch

Mizuho Bank, one of largest banks in Japan, has started operations in Cambodia with its first branch in Phnom Penh. ...

Chea Vannak
http://www.khmertimeskh.com/news/38837/mizuho-opens-phnom-penh-branch/

Sathapana Bank secures $50M to scale up

Sathapana Bank Plc has received a hefty $50 million bilateral loan from the Bangkok branch of Mizuho Bank, a subsidiary of one of Japan’s largest financial institutions, in a move that banking insiders say will help the newly consolidated bank expand its lending portfolio as ...

Kali Kotoski and Hor Kimsay
http://www.phnompenhpost.com/business/sathapana-bank-secures-50m-scale

Orix Investment in Acleda Seen as Exploratory

Orix, a Japanese financial conglomerate, will acquire about $11 million shares in Acleda Bank PLC, Cambodia’s largest bank, by the year’s end, officials announced Wednesday, although industry executives said the investment appears only exploratory and likely won’t make more than a ripple in the banking ...

Joshua Wilwohl
http://www.cambodiadaily.com/business/orix-investment-in-acleda-seen-as-exploratory-46968/

Japanese Mizuho Bank looks into Cambodian financial sector

Mizuho Bank, one of Japan’s largest banks, opened a representative office here Monday thanks to increasing interest in Cambodia by Japanese investors, a bank official said. To date, Cambodia has five foreign banks’ representative offices, 34 commercial banks, seven specialized banks and 37 microfinance institutions, ...

http://news.xinhuanet.com/english/world/2013-07/08/c_132522621.htm

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