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National Bank of Canada explores potential sale or stake options for its $2B Cambodian subsidiary, ABA Bank.
National Bank of Canada is considering options for its Cambodian subsidiary, ABA Bank, valued at over $2 billion if sold.
The bank has discussed a strategic review with advisers for ABA Bank, one of Cambodia's largest lenders, and other options include minority or majority stake sales.
The bank's involvement in ABA Bank dates back to 2014, and its investment in the Cambodian bank totals $320 million.
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El Banco Nacional de Canadá explora posibles opciones de venta o participación para su filial camboyana de 2.000 millones de dólares, ABA Bank.