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OVERVIEW
Anco Specialized Bank stated operation on 01
July 2006 under the management of Mr. Kok An, Chaireman. The main purpose of the
bank is to provide loans to companies and
individuals
with small to medium businessthrough
lending loan in resonable interest rate in order
to develope national economy of Kingdom of
Cambodia like other developed countries.
In part the bank’s purpose is to support
the Royal Goernment of Cambodia’s Policy of
Poverty reduction.
Significant operation of Anco Specialized Bank
is to provide loans to customers almost all
parts including industrial sector, servicing,
tourism
both small business & medium in
US Dollar.
Credit size is provided from USG1,000 – 20% of
capital in reasonable interest rate. For loan
lending period is based on the customer proposal
which can be 3 months or up to 48 months by
paying
the accumulate every each month and the
bank will do an investigation on customer’s
ability for loan lending.
Critiria for Loan Lending:
Customer must have Property Ownership Card, Land Titles, Home address Specific jobs & Cash flow and ability to pay back the loan
The
Patent and relevant documents should be enclosed
in case of need by the bank
For big credit, the Business Plan must be stated clearly
The next project plan of Anco Specialized Bank
is to enhance its own operation and to obtain
more customers by getting more support and
confidence.