Share the article
twitter-iconcopy-link-iconprint-icon
share-icon
Asia-PacificJanuary 2 2006

What the bankers say: Cambodia

The Banker invites CEOs from around the world to discuss the economic climate in their country and institution, and their hopes for the future
Share the article
twitter-iconcopy-link-iconprint-icon
share-icon

Campu Bank, Tan Sri Dato’Sri dr Teh Hong Piow, President & MD

1. What makes your country attractive to investors?

Cambodia is rich in natural resources, has liberal investment policies and low labour costs and the government is committed to economic reforms to boost trade and investment.

2. What are the economic prospects for your country over the next three to five years? 

Cambodia is expected to achieve an annual GDP growth of between 7% and 8% for the next three to five years if the reforms undertaken by the government – especially in its judiciary and legal system, public administration and fiscal policies – are carried out effectively.

 3. How do you foresee the financial sector in your country changing? 

The financial landscape in Cambodia is expected to become increasingly competitive and dynamic. Banks will be required to be more innovative in their product offerings and enhance their operational efficiency and technological capabilities to sustain growth and increase profitability.

 4. What role will your bank play in your country’s future development? 

Cambodian Public Bank will continue to be a provider of funds in the country’s economy through continued expansion in lending to viable economic sectors. The bank will commit more investment to human resources, technology and branch network expansion to tap business opportunities further and continue to be the leading financial institution in Cambodia.

Was this article helpful?

Thank you for your feedback!

Read more about:  Asia-Pacific , Cambodia