Khmer News: Cambodia news | Cambodian economy | Banking sector

CAMBODIA’S banks could see lending growth climb as much as 20 percent in 2010, with a slower growth in deposits, marking a slight recovery in the sector, said the International Monetary Fund’s chief representative in the Kingdom. “Lending growth has picked up recently after a very substantial slowdown through most of 2009,” John Nelmes, IMF [...]

Despite the global financial crisis, US president Barak Obama issued a new release on June 13, 2009 from Washington D.C to decide to make business loan available for American investors who are making investment in Cambodia. It is expected that this decision is to encourage more private companies from America to ask for commercial loans [...]