Prince Bank Plc. and the Cambodia Securities Exchange (CSX) signed a Memorandum of Understanding (MOU) to offer a special package for companies listed on the CSX at a ceremony held at the CSX Building on January 8, 2020.
The MOU signing event included speeches delivered by H.E. Hong Sokhour, CEO of CSX, Honn Sorachna, CEO of Prince Bank Plc., and Ha Jong Weon, COO of CSX.
At the event, Te Muyny, Head of Business Financial Services for Prince Bank, presented highlights of the bank’s offers exclusively for CSX listed companies, such as special rates and fees for loans, deposits, funds transfers and other payment services.
The offers are incentives for companies listed on the CSX as issuers of bonds and/or stocks. These incentives also play a role in encouraging more companies to be listed, including small and medium enterprises that are growing in both size and number in support of the country’s economic and social development.
The MOU signing reflected Prince Bank’s and CSX’s efforts to jointly collaborate to promote the listing of companies to mobilise funds to support business growth across all sectors of the economy.