Posts Tagged ‘Loans’

Loan available for American businessmen in Cambodia

Friday, July 3, 2009 6:55 No Comments

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 [...]

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ACLEDA opened up its branch in Kampot

Wednesday, June 24, 2009 16:49 No Comments

Despite the global financial crisis, ACLEDA banks, leading commercial bank, still widened its operation across country. On Wednesday the bank opened up its new branch in Kampot province in order to tap into a considerable local market for small loans.
It is the 14th branch standardizing like branches set up in Cambodia and Laos. Say Soksamnang, [...]

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ADB granted US $59.4 million in loans to Cambodia

Tuesday, June 23, 2009 9:11 No Comments

In response to fight against the global financial crisis, the amount of $59.4 million in concessional loans has been granted to Cambodia by Asian Development Bank (ADB).
The money has been made available through the bank’s Asian Development Fund (ADF), which received a $400 million boost Tuesday as part of a much broader $3.4 billion fiscal [...]

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