Tag Archives: Acleda

Central bank warns lenders over property

Posted on February 24, 2009 by Cambodia Economy

CAMBODIA’S central bank has warned that the property market downturn could increase nonperforming loans (NPLs). The National Bank of Cambodia (NBC) said its latest supervision report showed NPLs rising from US$58 million in June 2008 to almost $88 million by … Continue reading →

Bank technology to take hit

Posted on February 23, 2009 by Cambodia Economy

LEADERS in the country’s IT industry expect that the global financial crisis will slow investment in Cambodia’s banking technology, but are optimistic the sector is well-positioned for an eventual recovery. “Had it not been for the world economic downturn, we … Continue reading →

Posted in Banking System | Tagged Acleda, acleda bank, ANZ, ANZ bank, ATM, ATM Cambodia, ATM in cambodia, ATMs in Cambodia, bank Cambodia, bank in Cambodia, bank loan, bank notes, bank of Cambodia, bankig, banking system, banking technology, Cambodia ATM, cambodia bank, Cambodia banking, Cambodia loan, Cambodia microfinance, Cambodia stock exchange, Cambodia stock market, Cambodian bank, Cambodian banks, cambodian commercial bank, Cambodian currency, Cambodian money, cambodian national bank, car loan from Cambodia bank, car loan in Cambodia, Commercial banks, commercial public bank, credit card, credit card in cambodia, credit card service, financial institution, khmer bank, low nonperforming loans, microfinance Cambodia, microfinance in Cambodia, microfinance loan, mobile banking, money banking in cambodia, money transfer via bank, motorcycle loan in Cambodia, National Bank of Cambodia, soft loan for financial system | Leave a comment

Banking sector still stable

Posted on February 23, 2009 by Cambodia Economy

CAMBODIA’S banking is on a solid footing despite the economic crisis and reports of high risk, according to officials. The National Bank of Cambodia (NBC) and the Ministry of Economy and Finance said Wednesday that limited exposure to real estate, … Continue reading →

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ACLEDA bank to expand its branches in Lao

Posted on February 4, 2009 by Cambodia Economy

In the last decade, the growth of commercial banking system in Cambodia, local largest ACLEDA bank, Cambodian owner, is expanding its operation across Cambodia, and started setting up its branches in Lao to serve customers since July 2008 with three … Continue reading →

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Low interest rate and increase in loans are important to boost agriculture sector

Posted on February 2, 2009 by Cambodia Economy

Agriculture sector has expanded gradually thanks to productivity gains, reflecting an increase in the area under irrigation, the use of improved agricultural inputs and greater commercialization of farming. By the way, without financing, farmers cannot adjust to changing market conditions … Continue reading →

Posted in Banking System, Loan | Tagged Acleda, agricultural loans, agriculture, banking system, banks, Cambodian farmers, Commercial banks, credit, global financial crisis, Interest rate, Loan, Low interest rate, microfinance, microfinance institutions, National Bank of Cambodia, Small business, SMEs | 2 Comments

Commercial bank VIP closed before operating any business

Posted on January 28, 2009 by Cambodia Economy

The Singaporean commercial bank VIP, located along Monivong Boulevard in Phnom Penh, was shutting its door before offering any loans or receiving any deposits. The closure was because that the bank could not meet the government’s reserve requirement, local media … Continue reading →

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