Tag Archives: Cambodian banks

NBC to plan to purchase $5 million

In order to protect of the depreciation of value of Cambodia’s currency and stabilize the Cambodia’s macroeconomics, the National Bank of Cambodia has tried to raise the value of Riel by purchasing a further US$5 million. The total of amount … Continue reading

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Canadia Bank manages civil servant pensions

A leading Commercial bank – Canadia Bank – signed agreement with the National Social Security Fund for Civil Servants (NSSFCS) yesterday in Phnom Penh in order to manage a pension and social security fund to Cambodian civil servants. Initially, offering … 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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ACLEDA bank opened new brand in Battambang

Leading commercial banks, ACLEDA Bank Plc, launched its 232nd brand in Battambang province in order to increase customer services, celebrated by H.E. Governor of Battambang province H.E provincial Council, Deputy Governor, Chairman and Delegation of international Business Chamber and other … 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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