BRED Group backs Cambodia : vimarsana.com

BRED Group backs Cambodia


Bank set for growth as owners reaffirm commitment to the Kingdom
BRED Bank Cambodia plans to increase its operations after the bank’s European owners, BRED Group, committed a substantial increase of $35 million USD to its Tier 1 capital.
Since its launch in 2017, BRED Bank Cambodia has quickly established a thriving branch network while building a strong reputation as the Kingdom’s best bank for business. The increase, taking the bank’s capital base to $110 million USD, will support a strategy of rapid, sustainable and healthy growth in the bank’s products, services, branch network, lending capacity and staff recruitment and training.

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