Logo of Phnom Penh Post newspaper Phnom Penh Post - Bank in S'ville

Bank in S'ville

Bank in S'ville

O NE of Cambodia's leading banks, the Cambodian Farmers Bank, opened its first branch in Sihanoukville on Oct 26.

"Kompong Som (Sihanouk-ville) will in the near future be an international center for business and we expect to get many foreign investors," said Lach Sarindy, Operations Officer of the CFB office in the capital.

He said the bank, a Thai-Cambodian joint venture, was established in 1992 and planned to open branches in three other provinces next year.-Reuters

MOST VIEWED

  • Serious flooding across country

    The Kampong Speu provincial Committee for Disaster Management on Wednesday issued an alert after non-stop heavy rain caused widespread flooding. In Koh Kong province, authorities are working with the disaster committee and the Cambodian Red Cross to assist those affected after more than 350 homes were

  • CNRP points to King in call for vote boycott

    Leaders of the former Cambodia National Rescue Party (CNRP) have taken a new tack in their call for a boycott of the national elections later this month. They are now claiming that the people should follow the King, who is expected to abide by tradition

  • Actress’s NGO takes heat for promoting the ruling party

    An actress’s NGO which participated in an election campaign event contrary to the Law on Association and Non-Governmental Organisations (Lango) has been slammed. Chorn Chanleakena, a celebrity and the president of the Association of Artists Volunteering to Help Society, allegedly led its members in

  • Troop moves ‘won’t worry people’

    Senior officials at the Ministry of Defence and National Police said on Tuesday that riot training provided to the country’s police forces were aimed at preventing unexpected demonstrations and strikes before and after the July 29 national elections. The troop mobilisation, they said, would not