CIMB celebrates Cambodian future

Officials open the first branch of Malaysian Bank CIMB, in Phnom Penh, on Friday. During the opening,

National Bank of Cambodia governor Chea Chanto said he expected deposits and credit to grow from between 20 to 25 percent this year, compared to 2009.

Credit could reach US$3.01 billion this year, from $2.51 billion last year, while deposits could increase to $4.12 billion from $3.3 billion in 2009.

Phnom Penh Post

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