A new specialized bank aimed at helping Cambodian farmers obtain
loans and backed by Hong Kong-based securities firm Chief Group
opened Sunday at Canadia Tower.
Chief (Cambodia) Specialized Bank Plc will at first focus on
offering loans to the country's rural farmers, but has plans to
become a full-service commercial bank focusing on corporate
loans and micro-finance, according to its managing director,
Loke Wai Ming.
NOTE: Reuters has not verified this story and does not vouch
for its accuracy.
(Compiled by Phnom Penh Newsroom; Editing by Anand Basu)