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Cambodia credit bureau confirmed by Veda

VEDA Advantage confirmed that it had won a global tender to open a credit bureau in Cambodia yesterday, according to the New Zealand Herald newspaper. Veda will take a 49 percent stake in the venture with the Association of Banks in Cambodia, and is expected to launch as soon as July, according to Cambodian banking officials last week. The firm’s Cambodia-based representatives declined to discuss the bureau yesterday. POST STAFF

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