Tuesday, March 3, 2009

Loan tighten continued on the construction industry

Despite recent lifting off the restriction from National Bank of Cambodia in order to restore back the good climate condition of construction sector, many larger commercial banks in Cambodia still apply the policy to restrict the requested loan for the purpose of construction, property investment etc...This will drive for many real estate developers to be struggle in funding their current construction projects.

Everything is now depending on the recovery in the world economy especially in US and in Europe etc..., which will bring the situation back as normal.

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1 comment:

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