Tuesday, June 10, 2014

France’s BRED Bank Wishes to Launch Its Branch in Cambodia

10 June 2014

The BRED, the second biggest French Commercial bank, led by visiting Mr. Rene Desjardins, Chief Executive Officer (CEO) of BRED in Thailand, seek market opportunity in Cambodia.

During a meeting with Information Minister H.E. Khieu Kanharith recently, Mr. Rene Desjardins aimed to open BRED’s branch in the upcoming because of the development in bank markets in Cambodia. Mr. Rene Desjardins said that BRED has its headquarter in Thailand and branch in Laos, adding that BRED has 12.25% of shares in ACLEDA Bank Plc.

Furthermore, BRED plans to train Cambodian students in banking and later employ them to work in the bank. For his part, Minister of Information expressed his support to the BRED’s plan, and encourage BRED to run its branch as fast as possible because Cambodia’s economic and trade are now progressing.

Source:
http://www.akp.gov.kh/?p=46279

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