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Tag Archives: Cambodian Public Bank
Banking system not affected by world financial crisis
In the last decade, the growth of the banking sector is playing important role in sustaining Cambodian economic growth because of three factors: political stability, economic policy and social consistency. By the way, the breakout of the world financial crisis is deeply affecting the developing and developed countries. According to Cambodian analysis did not deeply … Continue reading
National Bank of Cambodia’s capital requirement affected the small and new banks
In an effort to tighten and strengthen the banking sector and to lower the inflation, the National Bank of Cambodia (NBC) has tripled the minimum capital requirement for commercial banks in Cambodia. According to the NBC’s Prakas on new capital requirement and criteria for licensing approval on September 19, 2008, commercial bank reserves were raised … Continue reading