The Bank for Investment and Development of Cambodia (BIDC), a subsidiary of the Bank for Investment and Development of Vietnam (BIDV) has spent millions of US dollars to help disadvantaged people in Cambodia, according to Nguyen Dinh Duong Director General of the Bank.
It has actively participated in local social welfare programmes to ease difficulties facing impoverished Cambodians and developed facilities to enhance their living conditions, Duong said.
Dozens of staff and units of the BIDC and the BIDV were recently honoured with the Royal Orders of Cambodia for their outstanding contributions to the socio-economic development of the country, as well as the consolidation of the two nations’ traditional friendship and cooperation.
In the last five months, the BIDC has recorded a 27 percent growth from the same period last year.
In the past six years since its establishment, the bank has seen an annual growth rate between 20-25 percent, making it among the top six most efficient and financially capable banks in Cambodia.-VNA
It has actively participated in local social welfare programmes to ease difficulties facing impoverished Cambodians and developed facilities to enhance their living conditions, Duong said.
Dozens of staff and units of the BIDC and the BIDV were recently honoured with the Royal Orders of Cambodia for their outstanding contributions to the socio-economic development of the country, as well as the consolidation of the two nations’ traditional friendship and cooperation.
In the last five months, the BIDC has recorded a 27 percent growth from the same period last year.
In the past six years since its establishment, the bank has seen an annual growth rate between 20-25 percent, making it among the top six most efficient and financially capable banks in Cambodia.-VNA
