Latest Banking Finance
Opening a Business Bank Account in Cambodia
There are many commercial banks in the Kingdom of Cambodia - at the end of 2021, there were 54 commercial banks listed by the National Bank of Cambodia (NBC), as well as more than a dozen specialised...
Apr, 12 2022
ADB Backs Strong Cambodian Economic Growth
The Asian Development Bank (ADP) expects Cambodia’s economy to grow by 5.3 per cent in 2022 and 6.5 per cent in 2023, it announced at its April Asia-Pacific Development Outlook 2022.Cambodian economic...
Apr, 07 2022
Cambodia's Mobile Payments On The Rise
Photo Credit: kernews.com - Chea Serey, director-general of the National Bank of CambodiaCambodia has seen a continued sharp growth in mobile payments, buoyed by the impacts of the pandemic and increa...
Mar, 22 2022
Cambodia's Digital Startup and Fintech Space Keeps Growing
With over 300 active technology startups, operating at various stages of maturity in the Kingdom of Cambodia, we take a look at the burgeoning digital startup and fintech scene in Cambodia- with a foc...
Mar, 22 2022
Wing Bank Partners With Scienaptic in Cambodia
Wing Bank has deployed Scienaptic’s AI-powered credit platform to use cutting-edge digital credit decisioning process to improve financial access in Cambodia they have confirmed. Decisioning blen...
Feb, 03 2022
NBC Launches Ten Policies For Cambodian Economic Growth in 2022
The National Bank of Cambodia (NBC) announced it will introduce 10 core policies to support sustainable economic growth and recovery of the Kingdom in 2022. Chea Chanto, Governor of the National...
Jan, 18 2022
Cambodian Economic Outlook for 2022
The National Bank of Cambodia (NBC) claims that the national economy will grow by 5 per cent in 2022 while inflation is projected at 2.6 per cent. The Kingdom has also shown some mixed growth in...
Jan, 17 2022
Bakong reaches nearly 8 million users
The Bakong digital currency, released by the National Bank of Cambodia (NBC), had approximately 270,000 users as of November 2021 but after partnering with other Cambodian banks, the currency has reac...
Jan, 04 2022
Credit Bureau (Cambodia) Co., Ltd internationally recognised as “Best Companies to Work for in Asia” by HR Asia
Image Supplied: CreditCredit Bureau (Cambodia) Co., Ltd. (CBC) was awarded the title of one of “Best Companies to Work for in Asia 2021” in Cambodia by HR Asia, a bi-monthly HR magazine with a c...
Dec, 31 2021
Credit Bureau Cambodia (CBC) Commits USD 1 million to promote financial inclusion in Cambodia
On 24 December 2021, Credit Bureau Cambodia (CBC) has announced a commitment of USD 1 million in support of the National Financial Inclusion Strategy to promote and strengthen financial inclusion over...
Dec, 24 2021
World Bank Lowers Cambodia's GDP 2021 Growth Forecast
The World Bank has lowered the economic forecast for Cambodia to 2.2 per cent for 2021. In April 2021 the organisation has anticipated a 4 per cent GRP for the Kingdom. The key reason for the dow...
Sep, 30 2021
E-Commerce VAT Tax Prakas
The details of the E-Commerce VAT Tax Prakas have been outlined by Cambodian legal firm DFDL. In April 2021 Sub-decree No. 65 S.E on the Implementation of Valued Added Tax on E-Commerce (“Sub-dec...
Sep, 29 2021