Tag Archives: ANZ

ANZ to sell $2bn in shares to fund RBS Asia buyout

Posted on May 29, 2009 by Cambodia Economy

AUSTRALIA and New Zealand Banking Group Ltd, the nation’s fourth-largest lender, plans to raise A$2.5 billion (US$2 billion) selling shares to fund a bid for Royal Bank of Scotland (RBS) Plc’s Asian assets. The Melbourne-based bank will sell the shares … Continue reading →

Banking on an economic crisis

Posted on May 8, 2009 by Cambodia Economy

EXACTLY one year after the subprime mortgage crisis first hit in the United States in July 2007, Cambodia’s central bank took measures to reduce liquidity in its undeveloped financial system by doubling reserve requirements from 8 percent to 16 percent. … Continue reading →

Posted in Banking System | Tagged Acleda, acleda bank, ANZ, ANZ bank, ATM Cambodia, ATM in cambodia, ATMs in Cambodia, bank Cambodia, bank in Cambodia, bank notes, bank of Cambodia, banking system, banks, 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, central bank, Commercial banks, commercial public bank, credit, credit card in cambodia, credit card service, economic slowdown, global financial crisis, High loan, khmer bank, microfinance, microfinance Cambodia, microfinance in Cambodia, microfinance loan, money banking in cambodia, money transfer via bank, motorcycle loan in Cambodia, National Bank of Cambodia, SMEs, soft loan for financial system | 1 Comment

Liquidity to stay tight: IMF

Posted on March 9, 2009 by Cambodia Economy

THE International Monetary Fund (IMF) on Friday said banking sector liquidity would remain tight for the rest of the year in a statement on the Cambodian economy following a routine visit to the Kingdom that ended Wednesday. The IMF blamed … Continue reading →

Posted in Banking System | Tagged Acleda, acleda bank, ANZ, ANZ bank, ATM Cambodia, ATM in cambodia, ATMs in Cambodia, bank Cambodia, bank in Cambodia, bank notes, bank of Cambodia, banking system, 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, capital, car loan from Cambodia bank, car loan in Cambodia, central bank, Commercial banks, commercial public bank, credit card in cambodia, credit card service, IMF, khmer bank, liquidity, microfinance Cambodia, microfinance in Cambodia, microfinance loan, monetary easing, money banking in cambodia, money transfer via bank, motorcycle loan in Cambodia, National Bank of Cambodia, soft loan for financial system | Leave a comment

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

Mobile phone banking system operated in Cambodia

Posted on January 27, 2009 by Cambodia Economy

The first-ever mobile phone banking service, known WING, was launched by financial services provider Australia and New Zealand (ANZ) Banking Group, which is a start-up offering mobile phone payments services in Cambodia, aimed mainly at the unbanked, the service enables … Continue reading →

Posted in Technology | Tagged Acleda, ANZ, ATM, banking system, Business account, Business loan, Cambodia, cash management account, Cell phone, Commercial banks, credit card, Finance, Home loan, Loan, M-Banking, market product, Mobile banking payments service, Mobile phone, National Bank of Cambodia, Savings account, SMS Banking, telegrapic transfer, Transaction, WING | 9 Comments

National Bank of Cambodia’s capital requirement affected the small and new banks

Posted on January 20, 2009 by Cambodia Economy

In an effort to tighten and strengthen the banking sector and to lower the inflation, the National Bank of Cambodia (NBC) has tripled the minimum capital requirement for commercial banks in Cambodia. According to the NBC’s Prakas on new capital … Continue reading →

Posted in Banking System | Tagged Acleda, acleda bank, ANZ, ANZ bank, ATM Cambodia, ATM in cambodia, ATMs in Cambodia, bank Cambodia, bank in Cambodia, bank notes, bank of Cambodia, banking system, 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, Cambodian Public Bank, Canadia, car loan from Cambodia bank, car loan in Cambodia, Commercial banks, commercial public bank, credit card in cambodia, credit card service, Financial crisis, In Channy, Inflation, khmer bank, microfinance Cambodia, microfinance in Cambodia, microfinance institutions, microfinance loan, money banking in cambodia, money transfer via bank, motorcycle loan in Cambodia, National Bank of Cambodia, Phnom Penh, Property, soft loan for financial system, specialized banks, VIP Bank | Leave a comment