Tag Archives: Cambodian currency

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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CIMB officially launched its business in Cambodia

CIMB Bank Plc, which is CIMB Group’s subsidiary, was officially opened its business yesterday in Cambodia after getting licence of banking operation. CIMB received approval in principal to establish and operate in the Kingdom of Cambodia six months ago to … Continue reading

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CampuBank securities gained a securities licence

The Securities and Exchange Commission of Cambodia (SECC) issued the securities company licence to CampuBank Securities Plc, which is the subsidiary owned by Cambodian Public Bank plc, to act on securities underwriting business, securities dealing business, securities brokerage business and … Continue reading

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Maybank expanded 9th branch in Sihanoukville

Malayan Banking Bhd- Maybank – opened its ninth branch in Sihanoukville last week and it is the third branch located outside of Phnom Penh in order to expand customer reach and tap the growing economic potential in Cambodia. Other two … Continue reading

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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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