Maruhan capital swells
Maruhan Japan Bank Plc’s paid-up capital has grown to US$44 million in Cambodia, from $25 million in May 2008, a press release stated.
This would enable the bank to meet the National Bank of Cambodia’s minimum capital requirements of around $37.5 million, to be put in place at the end of this year.
phnom penh post
> The riel turns the corner, but devaluation continues (04/10/2010)
> Cambodia banking boost (04/10/2010)
> MFIs should remember to aid the poor along the way (27/09/2010)
> Additional unrest over accountancy plan (27/09/2010)
> Forex forray: Interbank targets the Kingdom (22/09/2010)
> Micro-insurance boost (22/09/2010)
> Foreign auditors not allowed to sign financial statements from 2014 in Cambodia (24/09/2010)
> Kingdom's biggest MFI to accept deposits (24/09/2010)
> Laos govt to raise tax on cigarettes, alcohol (24/09/2010)
> Bolder action is needed to exert monetary control (20/09/2010)