Latest Banking Finance
Cashless Payments Booming – Visa Report
Visa’s Chum Monika speaks during a press conference at Sofitel Phnom Penh Phokeethra. KT/Chor SokuntheaVisa Inc, a global leader in digital payments, says Cambodia will see a dramatic increase i...
Jun, 10 2019
RDB Says Loans To Be Repaid In Time
wikimedia/Paxse/CC BY-SA RDB directorThe Rural Development Bank (RDB) said all loans disbursed under the emergency fund since last October will be repaid in time because the last few rice harves...
May, 03 2019
Local Banks Allowed To Use Yuan In Digital Settlements
15 banks in Cambodia are now allowed to settle digital transactions in yuan. Supplied The Bank of China and the Cambodian Ministry of Tourism on Friday signed a memorandum of understanding that a...
Apr, 29 2019
More Than $120 Million Raised At CSX
Since its creation in 2012, listed companies have raised more than $120 million at the Cambodia Securities Exchange (CSX), making the local bourse a great source of capital for local firms, according...
Apr, 12 2019
RDB Gives $170m In Loans Amid Weak Commercial Lending
RDB disbursed loans to more than 40 firms in the rice sector last year. KT/Chor Sokunthea Kao The Rural Development Bank disbursed more than $170 million in loans to the agriculture industry last...
Feb, 11 2019
Central Bank Says Inflation Manageable
NBC says food prices will rise by 2.7 percent in 2019. KT/Chor SokuntheaThe Central Bank forecasts the inflation rate will grow by 2.6 percent this year, describing the increase in the general p...
Jan, 30 2019
SME Bank To Come Online This Year
Te Taing Por, president of the Federation Association for Small and Medium Enterprises of Cambodia (Fasmec). SuppliedThe SME Bank, a government initiative to enhance access to funding for local small...
Jan, 16 2019
National Bank Projects 7 Pct Economic Growth In 2019
Chea Serey, NBC’s director general, speaks to reporters in Phnom Penh. KT In 2019 the Kingdom’s economy will grow at a rate of 7 percent, according to the nation’s Central Bank, who noted i...
Jan, 04 2019
Bankers Agree: 2018 A Great Year For Local Financial Sector
A bank teller in Phnom Penh. KT/Chor Sokunthea Despite uncertainty caused by the July general elections, 2018 was an excellent year in terms of business performance for a number of key play...
Jan, 03 2019
Chinese Investment In Cambodia To Diversify Into SME Finance
Gobo East Casino and Hotel, a Chinese development in Sihanoukville. KT/Mai VireakChinese foreign direct investment (FDI) in Cambodia is expected to diversify into finance and banking in the near...
Dec, 04 2018
Central Bank Explains Its Yuan Promotion Policy
A man transfers yuan at a Wing kiosk. KT/Chor Sokunthea A representative of the National Bank of Cambodia yesterday clarified the Central Bank’s policy toward the Chinese yuan, saying that...
Oct, 31 2018
Government Bonds To Enter Market By 2022
A woman holds 500-riel notes. ReutersThe government on Friday reiterated its intention of issuing sovereign bonds, and said they will become available to investors in the next four to five years...
Oct, 29 2018