Khmer News- Cambodian economy » loan

Banks launch sell down of $421m Mobitel loan

vutha — Sat, 27 Mar 2010 02:09:34 +0000

ANZ and Standard Bank launched the sell down of a US$421 million 18-month bridging loan this week, to back the Royal Group’s acquisition of Millicom’s majority stake in Mobitel.

The loan covers the Royal Group’s November purchase of Luxembourg-based Millicom International Cellular SA’s network operations in the Kingdom for $346 million. [...]

Women Face Obstacles for Small Businesses

vutha — Sat, 20 Mar 2010 14:46:36 +0000

Limited education, poor money management and cultural restrictions are among the main challenges for women to conduct business in the country, according to an advocate for Cambodian business women.

More and more women are curious about owning their own businesses, but challenges remain, said Keo Davy, vice president of the Woman’s [...]

Commercial banks’ ATM network expanded

vutha — Thu, 11 Jun 2009 07:53:05 +0000

The global financial crisis did not affect strongly the local commercial banks in Cambodia because most of banks don’t depend on foreign source of finance, and loans from other foreign banks and also don’t buy stocks in the international market. At the mean time, Cambodia has not yet created stock exchange. As Cambodia’s [...]