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Banking and Finance 2008
Written by: Sebastian Strangio
# Tracey Shelton Acleda Bank’s sparkling headquarters in Phnom Penh reflects the rapid growth of financial services in Cambodia, where 24 commercial banks now compete to fund the Kingdom&rsq...
Thu, 26 Jun 2008 17:20:27 +0700
Word count: 1522
# Tracey Shelton In late July, banks will have a little less money to count out for loans as mandatory reserve requirements are doubled from 8 to 16 percent. An upcoming central bank move t...
Thu, 26 Jun 2008 17:09:00 +0700
Word count: 817
# Vandy Rattana Automatic teller machines (ATMs) and the planned launch of domestic credit cards mark a turning point for retail banking in Cambodia, as money becomes more readily available – ...
Thu, 26 Jun 2008 17:08:00 +0700
Word count: 843
Written by: Post staff
Despite the current stability of the Cambodian business sector, insurance against uncertainty has never been a more profitable business. In the Kingdom’s current climate of economic dynam...
Thu, 26 Jun 2008 17:07:00 +0700
Word count: 504
Written by: Post Staff
Since the late 1990s, when armored trucks and other fortified security measures were deployed, old-fashioned, hands-in-the-air heists have caused Cambodian bank operators little worry. It’s the...
Thu, 26 Jun 2008 17:06:00 +0700
Word count: 467
# Phan Ho, deputy director general of the National Bank, says the amount of money currently in circulation is not sustainable, with banks lending too much, too quickly. A bureaucratic pinch-hitt...
Thu, 26 Jun 2008 17:05:00 +0700
Word count: 1218
Written by: Cat Barton
As international interest in emerging markets surges, Cambodia’s profile is rising as a key frontier for private equity, with three major funds looking to pour upwards of $450 million into the King...
Thu, 26 Jun 2008 17:04:00 +0700
Word count: 1059
Written by: Mom Kunthear
# TRACEY SHELTON A woman works at the headquarters of Acleda Bank, which will hire 1,700 graduates this year. The steady expansion of the banking and microfinance sector has created a w...
Thu, 26 Jun 2008 17:03:00 +0700
Word count: 440
# HENG CHIVOAN Gold shops do brisk trade in Cambodia, where confidence in cash has yet to erode traditional attitudes to the precious metal, which for many is still seen as the best preserve...
Thu, 26 Jun 2008 17:02:00 +0700
Word count: 783
Written by: Kay Kimsong
Microfinance extends reach to almost 800,000 The microfinance sector has enjoyed impressive growth in the past five years, with today’s total amount of outstanding loans ten times what it was ...
Thu, 26 Jun 2008 17:02:00 +0700
Word count: 882
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