Latest Banking Finance
SME Bank to launch in Cambodia
According to reports in the local Cambodian media, SME Bank will launch in 2020 with an initial capital of $100 million and provide financing for small and medium-sized enterprises (SMEs). General sec...
Mar, 10 2020
Dhipaya Insurance looks to enter Cambodian market
Thailand based, Dhipaya Insurance, is looking at potentially entering the Cambodian market via a joint venture firm, to operate life and non-life insurance, in 2020. The company is SET (Stock Ex...
Feb, 25 2020
WB Finance Co., Ltd. Formed After Merger
Photo Credit: Woori BankWoori Bank has merged its Cambodian businesses, WB Finance Co., Ltd. with Woori Finance (Cambodia) Plc. it was announced this week. WB Finance Co., Ltd.The new compa...
Feb, 20 2020
National Bank of Cambodia to launch Bakong digital currency in 2020
National Bank of Cambodia in Phnom Penh will release Bakong in 2020.The National Bank of Cambodia (NBC) will launch a new digital currency under the moniker Project Bakong in 2020. Bakong has be...
Feb, 18 2020
Cashless Society Closer But Hard Money Will Remain In Widespread Use, Analysts Say
(From left) Sunniya Durrani-Jamal, ADB Cambodia country director; NBC deputy governor Neav Chanthana; and Anthony Samson, second secretary of the Australian Embassy in Phnom Penh at Cambodia Fin...
Oct, 04 2019
Cambodia, Thailand Sign Agreement On Cross-border Listings
People look at a monitor showing trading activity at the Cambodia Securities Exchange (CSX). KT/Chor Sokunthea Cambodia and Thailand on Tuesday signed a memorandum of understanding on cross...
Sep, 19 2019
Ministry Urges SMEs To Join CSX
A monitor shows trading activity at the Cambodia Securities Exchange (CSX). KT/Chor Sokunthea The government has called on local small and medium-sized enterprises (SMEs) to list on the stock exc...
Aug, 20 2019
Bank association, Visa to implement EMV standards
From left to right: Bun Yin, ABC vice chairman; Chris Clark, Visa president for Asia Pacific; In Channy, ABC chairman; and Monika Chum, Visa country manager in Cambodia. KT/Tep Sony To stre...
Aug, 09 2019
Banking, Microfinance Sectors Maintain Strong Growth
Loan and deposit growth in the Kingdom’s crowded financial sector remained high during the first half of the year, a result of sound macroeconomic management and political stability, the Central Bank...
Aug, 01 2019
GDP to grow at 7.1 pct in 2019
A condominium building under construction in Phnom Penh’s Diamond Island. KT/Pann Rachana The Cambodian Central Bank said economic growth remains robust so far this year and forecast that gross d...
Jul, 30 2019
NBC Tests New Mobile Payment App
The National Bank of Cambodia yesterday announced that is testing a mobile payment application system known as Bakong. The building of the National Bank of Cambodia in Phnom Penh.According to th...
Jul, 23 2019
Korea, Cambodia Central Banks To Study Interbank Market
NBC’s Chea Serey shakes hands with Kee-Sun Jang, deputy director general of BOK’s Knowledge Partnership Program. NBC The National Bank of Cambodia and the Bank of Korea yesterday agreed to cooper...
Jul, 11 2019