Friday, January 15, 2016

European Bank Adds Cambodia to Network


15 January 2016

France’s BRED Bank, one of the largest lenders in Europe, plans to open its first branch in Cambodia by the end of 2016. It aims to assist small and medium-sized enterprises (SMEs) and boost exports and imports. While Cambodia had over 100 commercial banks-microfinance-leasing financial firms. Total deposits about 30%; Lending expanded 33.4% on-year.

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