May 17, 2010
VNA
The Bank for Investment and Development of Vietnam (BIDV) has opened its first branch in Cambodia.
The Vietnamese-invested Bank for Investment and Development of Cambodia (BIDC) with a charter capital of US$70 million is the second largest bank of its kind in Cambodia.
In addition to BIDC, BIDV opens representative offices and invests in other projects in Cambodia, such as the Cambodia Investment and Development Joint Stock Company and the Vietnam-Cambodia Insurance Joint Stock Company.
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