Phnom Penh Commercial Bank names new president and declares $36 million capital increase

Phnom Penh Commercial Bank names new president and declares $36 million capital increase

Phnom Penh Commercial Bank (PPCB) announced its new president, Chang Moo Shin, and declared that it one of the first bank to meet the new requirements of the NBC for registered capital with an increase of $36 million in paid-up capital. The bank has said that this move will give it the capacity to expand its loans portfolio and disburse new resources towards medium and small loans. Photo supplied