News

Loans and deposits climb

Loans and deposits at Cambodia’s 32 micro-finance institutions and four NGOs, as well as small loans from Acleda Bank, rose sharply last year compared with a year earlier. Industry players say this is a result of the Kingdom’s rapid economic improvement and political stability. Official data from ...

http://www.phnompenhpost.com/2013020461166/Business/loans-and-deposits-climb.html

Banks see growth in Q1

Loans and deposits at Cambodia’s 31 commercial banks grew 35 per cent and 25 per cent respectively during the first quarter of the year on what insiders called increased soundness in the Kingdom’s financial sector. Outstanding loans at the end of March hit US$4.6 billion, according ...

http://www.phnompenhpost.com/index.php/2012061256735/Business/banks-see-growth-in-q1.html

Microfinance Deposits and Loans Grow

Outstanding loans among micro-credit institutions increased by 6.7 percent to $505.46 million in the second quarter of this year compared to the first quarter, figures from the Cambodia Microfinance Association show. According to the data, deposits held by Cambodia’s 27 microlenders grew by 33.2 percent ...

Vattanac: A Tale of Two City Developments

Vattanac may still be a family business, but a symbol of its big aspirations can be seen emerging from Phnom Penh’s skyline on Monivong Boulevard, where the company is building a 38-story tower that will house its headquarters next year. The tower, which was designed ...

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