SBI Cambodia bank starts business

Tuesday, Sept. 2, 2008

Kyodo News

Financial company SBI Holdings Inc. said Monday that a bank it jointly established with South Korea’s Hyundai Swiss Group has begun operations in Cambodia.

Phnom Penh Commercial Bank is initially managing money deposited by customers and plans to expand operations to property project financing and lending, Tokyo-based SBI said.

The bank is also hopeful that a stock exchange in Cambodia scheduled to be opened in the second half of 2009 will attract Japanese and other foreign companies to the country, creating new business opportunities.

Source: http://search.japantimes.co.jp/rss/nb20080902a4.html

1 Comment »

  1. trade said

    OHH I am amazed with it. It is a good thing for my me. Thanks. ^_^

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