Vietnam commercial bank to operate in Phnom Penh

Saturday, July 25th, 2009

The National Bank of Cambodia (NBC) has already approved the license for the Hanoi-based Bank for Investment and Development of Vietnam (BIDV) to open its representative office soon in Phnom Penh, which bought a local commercial bank- Prosperity Investment Bank, which began its operation in August 2007. Tal Nay Im, NBC’s director general, was quoted [...]