DU RUOGANG: Astute Professional, Repositioning Nigeria As A Regional Hub In Maritime Business, Through Lekki Deep Sea Port Mr. Du Ruogang, the Chief Executive Director/Managing Director of Lekki Port LFTZ Enterprise Limited (LPLEL), promoters of the Lekki Deep Sea Port, is one of the extraordinary leaders leading the charge to reposition Nigeria as a regional […]
State-owned SME Bank has announced that it will launch the Tourism Recovery Co-Financing Scheme (TRCS) with capital funding of $150 million to provide the embattled industry with low interest rate loans to speed up its recovery from the Covid-19 crisis, with the scheme expected to launch in June.
A top central bank official has urged enterprises, financial institutions and the general public to increase the use of the local currency and depend less on the US dollar, in remarks made to observe Riel Day.
The Ministry of Post and Telecommunications and the Cambodian Association of Finance and Technology (CAFT) have joined hands to increase cooperation on the promotion of digital technology and facilitate more effective communication in the banking and financial sector.
Business performance in the banking and financial sector remained strong in 2021 in terms of the quality of credit and deposits, despite the fallout from the Covid-19 outbreak that has hampered economic activity for two years, according to the National Bank of Cambodia (NBC).