Cambodia’s appointed liquidator has reported significant progress in the liquidation of Prince Bank and Panda Commercial Bank, with nearly all Prince Bank depositors repaid and Panda...
The liquidator of Prince Bank has begun compensating depositors, marking a key step in Cambodia’s efforts to ensure an orderly resolution of troubled financial institutions.
Cambodia’s central bank on Wednesday appealed for patience from depositors after Prince Bank Plc. and Panda Commercial Bank were placed under liquidation.