Phnom Penh
Wednesday, 07 July 2010
The total amount of deposits in Cambodia’s 28 banking institutions recorded a jump in the first part of the year, a positive sign of recovery following the 2008 economic crisis, an industry leader said Monday.
Banks posted $3.6 billion in deposits in the first five months of the year, a 13 percent increase from the same period in 2009. Loan disbursements increase 8 percent, to $2.7 billion, for the same period.
That’s a signal of healthier banks, In Channy, CEO of Acleda Bank, a leading lender in Cambodia, told “Hello VOA” Monday.
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