Q: Many of Cambodia’s banks are foreign owned. Why has the National Bank of Cambodia [NBC] allowed this?
A: We are open to everybody. It has to do with our legacy. Cambodia is a post-war country and we needed development and we needed it fast. We’re in the rapidly growing region of Asean [the Association of South-East Asian Nations] so we can’t just go at our own pace. We can’t crawl or start by walking. We had to get up and run.
