Tag Archives: banking sector

ADB grants soft loan for financial system reform

Posted on December 7, 2009 by Cambodia Economy

According to the Asian Development Bank (ADB)’s announcement, it would be granting a US$10 million soft loan to develop and reform the Cambodian government’s financial system such as the establishment of a financial intelligence unit at the National Bank of … Continue reading →

Microfinance loan up 5.46 percent in 3th quarter

Posted on November 16, 2009 by Cambodia Economy

Cambodian Microfinance Association (CMA) released its figures that during the third quarter of this year, Cambodia’s microfinance institutions (MFIs), which included 21 MFIs and small loans from ACLEDA Bank, increased 5.46 percent to 448.1 million, following a 2.7 percent drop … Continue reading →

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Foreign Exchange reserves climbed 21 percent

Posted on November 4, 2009 by Cambodia Economy

Giving speech at the 30th anniversary ceremony for the National Bank of Cambodia (NBC), which was reestablished after the topple of Khmer Rouge regime, the Prime Minister Hun said that despite Cambodia suffered from the global financial crisis, Cambodia’s foreign … Continue reading →

Posted in Banking System | Tagged acleda bank, ANZ bank, ATM Cambodia, ATM in cambodia, ATMs in Cambodia, bank Cambodia, bank in Cambodia, bank notes, bank of Cambodia, banking sector, 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 in cambodia, credit card service, foreign exchange reserve, khmer bank, microfinance Cambodia, microfinance in Cambodia, microfinance loan, money banking in cambodia, money transfer via bank, motorcycle loan in Cambodia, National Bank of Cambodia, soft loan for financial system, Stock exchange | Leave a comment

Cambodia’s banking sector gains in public confidence

Posted on October 22, 2009 by Cambodia Economy

In the last decade, Cambodia’s banking sector has been growing sharply because the operation of commercial banks in Cambodia has gotten the public confidence. People got started to deposit their money at bank rather than keep it at home. The … Continue reading →

Posted in Banking System | Tagged acleda bank, ANZ bank, ATM Cambodia, ATM in cambodia, ATMs in Cambodia, bank Cambodia, bank in Cambodia, bank notes, bank of Cambodia, banking sector, Cambodia ATM, cambodia bank, Cambodia banking, Cambodia microfinance, Cambodia stock exchange, Cambodia stock market, Cambodian bank, Cambodian banks, cambodian commercial bank, Cambodian currency, Cambodian money, cambodian national bank, capital market, Commercial banks, commercial public bank, credit card in cambodia, credit card service, khmer bank, microfinance Cambodia, microfinance in Cambodia, microfinance loan, money banking in cambodia, money transfer via bank, National Bank of Cambodia | Leave a comment

Maybank opened 5th branch in Phnom Penh

Posted on October 20, 2009 by Cambodia Economy

Despite the time of the global financial crisis, Malayan banking Bhd (Maybank) still opened its fifth branch located at Olympic stadium in Phnom Penh city, it is expected that the new branch will help boost loan and deposit growth by … Continue reading →

Posted in Banking System | Tagged acleda bank, ANZ bank, ATM Cambodia, ATM in cambodia, ATMs in Cambodia, bank Cambodia, bank guarantee, bank in Cambodia, bank notes, bank of Cambodia, banking sector, Banking service, Cambodia ATM, cambodia bank, Cambodia banking, Cambodia microfinance, Cambodia stock exchange, Cambodia stock market, Cambodian bank, Cambodian banks, cambodian commercial bank, Cambodian currency, Cambodian money, cambodian national bank, Commercial banks, commercial public bank, credit card in cambodia, credit card service, global financial crisis, Housing loans, khmer bank, lending a loan, Maybank, microfinance Cambodia, microfinance in Cambodia, microfinance loan, money banking in cambodia, money transfer via bank, National Bank of Cambodia, remittances, SMEs loans | 4 Comments

Central bank to sell dollars to make riel value stable

Posted on September 22, 2009 by Cambodia Economy

With the slowdown of global financial crisis affecting the dropping value of Cambodian’s national currency, the National Bank of Cambodia (NBC) spent US$6 million to the market to keep the value of the riel stable and wanted to retain riel … Continue reading →

Posted in Banking System | Tagged banking sector, Cambodia currency, Commercial banks, National Bank of Cambodia | 1 Comment