BIDC revenue climbs 27%
(VOV) - The revenue for the Bank for Investment and Development of Cambodia (BIDC) for the five months leading up to June climbed 27% on-year, according to Nguyen Dinh Duong, the bank’s general director.
BIDC, a wholly owned subsidiary of BIDV, managed to achieve pre-tax profits of US$5 million for the January-May period with its total assets climbing to US$670 million as of May 31, Duong said.
Much of the banks success can be attributable to the company’s commitment to community development and its support of social welfare programs to help the Cambodian people improve their living conditions.