Latest Banking Finance
Inflation In 2017 Low And ‘Manageable’
A newly opened Makro supermarket in Phnom Penh. KT/Chor Sokunthea Inflation in Cambodia last year reached 2.9 percent due to a moderate increase in the price of key commodities, particularl...
Jan, 10 2018
Local Bank And MFI Sector Continue Their Meteoric Rise
A bank teller and her customer at a local bank. KT/Chor SokuntheaIn 2017 the local financial sector continued the strong growth that has characterised the industry in recent times, with commercial ban...
Jan, 05 2018
South Korean Firm Eyes Local MFI
Nonghyup mart wikimedia/iTurtleSouth Korean firm NongHyup Financial Group has announced its intentions to expand its presence in Southeast Asia through a series of acquisitions, with Cambodia playing...
Jan, 04 2018
Boosting Financial Inclusion Through Technology
Lay Sok Heng, a researcher at NBC, addresses the conference yesterday. KT/Chor Sokunthea Information and communication technologies, particularly smart phones, can play a key role in boosti...
Dec, 06 2017
Swiss Banking Giant Asked To Invest In Country
Banking assets have reached $32 billion, having increased 41 times during the past 16 years. KT/Chor Sokunthea Prime Minister Hun Sen called on Credit Suisse, a leading financial services p...
Nov, 24 2017
Tax Payment Goes Online
Taxpayers won’t have to go to the Central Bank anymore to fulfill their tax obligations. KT/Fabien MouretContinuing efforts to boost government tax revenue and facilitate business operations in...
Nov, 21 2017
Bureau Helping To Extend Cambodians' Access To Credit
Oeur Sothearoath (left), CEO of the CBC, speaks during the event. KHMER TIMES / CHOR SOKUNTHEA Access to financing has improved in recent years due to closer cooperation between financial i...
Oct, 31 2017
New Inter-bank Transfer System Launches
According to the NBC, the new system will make bank transfers ‘faster and easier’. KHMER TIMES / CHOR SOKUNTHEAThe National Bank of Cambodia (NBC) last week held the soft-launch for its new inte...
Oct, 24 2017
Riel Loans Increase As Interest Rates Drop
A teller counts out Cambodian riel at a microfinance institution in Phnom Penh. KHMER TIMES / FABIAN MOURET An uptick in circulation of Cambodian riel, along with an interest rate cap impos...
Oct, 19 2017
Pi Pay, ABA Strike Digital Deal
Pi Pay CEO Tomas Pokorny (left) and ABA Bank CEO Askhat Azhikhanov shakes hands during the signing ceremony of their partnership agreement on Wednesday. KHMER TIMES / CHOR SOKUNTHEAPi Pay and ABA Bank...
Oct, 13 2017
Insiders Discuss Fintech Industry In Cambodia
Educating people about how to use cashless and e-payment systems will take time. KHMER TIMES / CHOR SOKUNTHEAWith the rise of fintech (financial technology) startups and peer-to-peer lending mod...
Oct, 03 2017
Visa Cards Now Accepted At Angkor Archaeological Park
Visa, the global payments technology company, has announced that Visa cards will now be accepted at the Angkor Archaeological Park in Siem Reap, one of world’s most popular tourist destinations, which...
Sep, 15 2017