Friday, June 24, 2016

Home Loans Up Despite Slowdown


24 June 2016

Cambodia’s commercial banks, in the first five months this year, saw strong growth in housing loans despite the government’s prediction of the construction boom heading towards a five-year slowdown. We will see a slowdown in the construction sector. But that’s a good thing for the Cambodian economy because the property sector is reaching the stage where there is an oversupply of building space.

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