From Exchange Announcements...

Deposits grew in the third quarter at the two Cambodian microfinance institutions (MFIs) licensed to hold savings, even as key sector figures said MFIs were struggling to overcome perceptions among Cambodians that their money was better off at home or in a registered bank. Bun Mony, chairman of Sathapana, which offers 5 percent on six-month deposits and 7.5 percent on longer terms, said MFIs were well-placed to lead the change of public opinion required to encourage deposits. Read the full story here.