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Tag Archives: Bank deposit
Bank deposits climb in first half
A NUMBER of leading banks have reported a rise in deposits in the first six months of the year compared with the same period last year. They said the reasons were two-fold. Firstly, clients are turning to quality institutions to manage their deposits, and secondly, the economic crisis means people are saving rather than investing. … Continue reading
Banking sector still stable
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, low nonperforming loans and rising deposits show that the sector is in good shape. Hang … Continue reading