12 February 2015
Both deposits and loans in Cambodia’s banking
sector increased about 30% last year, a rise that industry insiders say is a
productivity boost for the Kingdom’s economy.
The deposits at all Cambodian banks reached
$10 billion, a 32% increase from $7.5 billion at the end of 2013. Stephen
Higgins, founder and managing partner of Cambodia-based investment firm Mekong
Strategic Partners, told the Post that, despite the political uncertainty that
lasted well into 2014, the growth in Cambodia’s banking sector shows
strengthening business confidence.
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