Tag Archives: banking sectors

Branch of Bank of China opened in Cambodia

The National Bank of Cambodia (NBC) gave in-principal approval to the Bank of China to open its business in Cambodia in June 2010. Yesterday, it is the first time that branch of Bank of China opened its business operation and … Continue reading

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Malaysian company to expand e-commerce in Cambodia

MobilityOne, which is Malaysian-based e-commerce Company, is looking online business in Cambodia by linking between banks and telecommunications. It is hopeful to launch an online mobile-banking, top-up and bill-payment system, accessible on the internet, mobile phones and ATMs within 2 … Continue reading

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The Bank of China to operate in Cambodia

The National Bank of Cambodia (NBC) gave in-principle approval to the Bank of China (BOC) to operate its first branch in Phnom Penh. The Bank of China would come to facilitate trade and investment between Cambodia and China. This year, … Continue reading

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Cambodian Public Bank opened 19th branch in Kampot

Cambodian Public Bank (Campu Bank), the second-largest lender in Cambodia, had launched its 19th branch in Kampong Bay commune, Kampot province. Phan Ying tong, the bank’s country head, was quoted by the Post as saying in press release Thursday that … Continue reading

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Lending remains flat at FTB Cambodia

THE FOREIGN Trade Bank of Cambodia saw a slight rise in its non-performing loans (NPL) in the first quarter of 2010, while lending was flat, according to official figures. The bank’s NPL rate – counted as loans the borrower has … Continue reading

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Banks report higher lending in Q1

BANKS saw increased lending in the first quarter this year, with bad loan rates declining and demand in key sectors rising, officials said. Lending at Canadia Bank rose 5 percent, to US$405 million, in the first quarter, up from $385 … Continue reading

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