7 August 2014
A recent
surge in lending among Cambodia’s 35 commercial banks has received a mixed
response from some of the industry’s leading financial companies.
The National
Bank of Cambodia, the outstanding loans increased sharply by 28% over the first
six months of the year, reaching close to $9.5 billion that compares to $7.4
billion in December last year, while total deposits increased by 15% to $8.7
billion, compared to $7.56 billion at the end of 2013.
Acleda’s
outstanding loans rose about 11% in the first six months of the year, reaching
$1.6 billion, with deposits up by 20% to $1.9 billion.
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