Sovereign Wealth Fund Money Invests in Cambodian Banking Industry

Posted on 09/28/2013


Regional institutional investors are becoming a stanchion for the underdeveloped banking industry in Cambodia. In 1975, during Khmer Rouge’s rule, all banks were shut down – money was abolished. After their downfall in 1979, the Riel, Cambodia’s currency, was introduced. The National Bank of Cambodia (NBC) was created as the central bank. Today, more than […]