Cambodia's Banking and Financial Industry Records Modest Growth in 2025

AKP Phnom Penh, January 24, 2026

Cambodia’s banking and financial industry continued to record modest growth in both credit and deposits in 2025, despite external and domestic economic challenges, according to an annual report released by the National Bank of Cambodia (NBC) on January 24.

According to the report, outstanding loans rose by 4.1 per cent year-on-year to USD 63 billion by the end of 2025, while customer deposits increased by 14.7 per cent to USD 65.7 billion.

Non-performing loans (NPLs) at banking and financial institutions remained at manageable levels of 8.9 per cent and 8.3 per cent, respectively. 

Total assets in Cambodia’s banking and financial system also reached USD 101.8 billion in 2025, up 9.5 per cent from 2024.

Speaking at the NBC’s annual meeting held on January 23, NBC Governor, H.E. Dr. Chea Serey, said the banking system continued to support economic activity, despite ongoing challenges facing the economy both externally and domestically.

“Credit provided by the banking system grew by 4.1 per cent in 2025, higher than in 2024, supported by rising demand for capital from micro, small, and medium-sized enterprises (SMEs) to expand their businesses,” she said.

“Deposits also continued to grow strongly, with a growth rate of 14.7 per cent, alongside strong capital and high liquidity, indicating that the banking system remains resilient and continues to enjoy public confidence,” she underlined.

Cambodia currently has 59 commercial banks, 89 microfinance institutions, four specialised banks, and 89 rural credit institutions nationwide, serving 18.6 million deposit accounts and 4.3 million credit accounts.

In addition, the Kingdom recorded 18.9 million e-wallet accounts in 2025. Transactions conducted through the Bakong payment system reached 1.325 billion, including 771 million transactions in Khmer riel and 554 million in U.S. dollars.