News
Cambodian deputy PM says strategic partnership with China creates more opportunities for businesses
The Comprehensive Strategic Partnership of Cooperation between Cambodia and China has been providing “more favourable conditions” for economic, trade and investment ties between the two countries, Cambodian Deputy Prime Minister and Cabinet Minister Sok An said on Sunday. ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-09/07/c_126962873.htm
Taiwanese bank now owns 70 pct of UCB
Taiwan’s E. Sun Commercial Bank has purchased a 70 per cent stake in Cambodia’s Union Commercial Bank. The deal, planned for months but announced yesterday at a press conference at the Sofitel hotel in Phnom Penh, will bring technology upgrades and more loan capital to the ...
Kimsay Hor
http://www.phnompenhpost.com/business/taiwanese-bank-now-owns-70-pct-ucb
Deposits and loans increase
Deposit and loans at major commercial banks have continued to climb over the first half of this year, industry officials say. Grant Knuckey, chief executive officer of ANZ Royal Bank, said yesterday that ANZ continues to see strong growth in trade finance led by the agricultural ...
http://www.phnompenhpost.com/business/deposits-and-loans-increase