http://khmerian.com Mon, 06 Feb 2012 19:46:47 +0000 en hourly 1 http://wordpress.org/?v=3.2.1 http://khmerian.com/2009/05/anz-to-sell-2bn-in-shares-to-fund-rbs-asia-buyout/ http://khmerian.com/2009/05/anz-to-sell-2bn-in-shares-to-fund-rbs-asia-buyout/#comments Fri, 29 May 2009 00:17:06 +0000 Cambodia Economy http://khmerian.com/?p=529 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 to institutional investors at A$14.40 each, a 7.5 percent discount to its last traded price, … Continue reading]]> http://khmerian.com/2009/05/anz-to-sell-2bn-in-shares-to-fund-rbs-asia-buyout/feed/ 0 http://khmerian.com/2009/05/banking-on-an-economic-crisis/ http://khmerian.com/2009/05/banking-on-an-economic-crisis/#comments Fri, 08 May 2009 09:21:35 +0000 Cambodia Economy http://khmerian.com/?p=468 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. This move showed Phnom Penh was clearly out of sync with the world’s major financial … Continue reading]]> http://khmerian.com/2009/05/banking-on-an-economic-crisis/feed/ 1 http://khmerian.com/2009/03/liquidity-to-stay-tight-imf/ http://khmerian.com/2009/03/liquidity-to-stay-tight-imf/#comments Mon, 09 Mar 2009 08:24:38 +0000 Cambodia Economy http://khmerian.com/?p=283 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 “slowing external inflows” for the reduction in free capital in the banking system despite recent … Continue reading]]> http://khmerian.com/2009/03/liquidity-to-stay-tight-imf/feed/ 0 http://khmerian.com/2009/02/bank-technology-to-take-hit/ http://khmerian.com/2009/02/bank-technology-to-take-hit/#comments Mon, 23 Feb 2009 03:31:38 +0000 Cambodia Economy http://khmerian.com/?p=170 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 would be expecting rapid development of banking technology – because that is always the case … Continue reading]]> http://khmerian.com/2009/02/bank-technology-to-take-hit/feed/ 0 http://khmerian.com/2009/01/mobile-phone-banking-system-operated-in-cambodia/ http://khmerian.com/2009/01/mobile-phone-banking-system-operated-in-cambodia/#comments Tue, 27 Jan 2009 01:41:28 +0000 Cambodia Economy http://khmerian.com/?p=45 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 user to make various transactions. New SMS based-mobile phone payments services, WING, which is ANZ’s … Continue reading]]> http://khmerian.com/2009/01/mobile-phone-banking-system-operated-in-cambodia/feed/ 9 http://khmerian.com/2009/01/hello-world/ http://khmerian.com/2009/01/hello-world/#comments Tue, 20 Jan 2009 10:45:31 +0000 Cambodia Economy http://khmerian.com/?p=1 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 requirement and criteria for licensing approval on September 19, 2008, commercial bank reserves were raised … Continue reading]]> http://khmerian.com/2009/01/hello-world/feed/ 0