PPCBank lists its first corporate bonds on the CSX
PPCBank officially listed its first corporate bonds on the Cambodia Securities Exchange (CSX) on Tuesday, April 21, 2020 after obtaining the approval of the Securities and Exchange of Commission of Cambodia (SECC)on its subscription and allocation results on April 10, 2020.
PPCBank successfully raised KHR 40 billion during the 1st phase of its bond issuance process amidst COVID-19 pandemic. The 1st phase investors have subscribed to FX-indexed bonds with an interest of 6.5% per annum anda maturity of 3 years.