| Agribank opens first branch in Cambodia | |
The Vietnam Bank for Agriculture and Rural Development (Agribank) opened its branch in Phnom Penh – the first of its kind in Cambodia – in a bid to tap this potential market. We hope to provide Cambodian people with modern and convenient banking services and create better conditions for Vietnamese investors in Cambodia, said Agribank President Nguyen The Binh at the opening ceremony. Binh said the opening of the branch demonstrated Agribank’s efforts to implement the Vietnamese government’s policy of increasing bilateral cooperation with Cambodia, especially in finance and banking. At the event, Agribank granted US$100,000 to the Cambodian Government to support social activities. Established in 1988, Agribank is one of Vietnam’s biggest financial institutions with a total asset capital of US$26 billion and more than 2,300 branches. It has conducted business with 1,000 banks in 96 countries and territories. | |
| Vninfogate.Com |
