Tag Archives: Financial crisis

Bad Loans on the Rise, Central Bank Warns

Posted on September 8, 2009 by Cambodia Economy

Cambodia’s banking sector will not be able to avoid further consequences from the global economic downturn, with non-performing loans increasing, the National Bank’s director- told a workshop last week. “For us, the economic crisis affected garment export, tourism, construction and … Continue reading →

Moody upheld Acleda bank rating

Posted on June 29, 2009 by Cambodia Economy

On Friday, 19 June, 2009, Moody, US-based global credit risk agency, confirmed in its statement that it has kept up the bank’s previous ratings mainly due to the role of Acleda’s shareholders, have has long-term focus and have demonstrated their … Continue reading →

Posted in Banking System | Tagged Acleda, banking, banking sector, Commercial banks, Financial crisis, financing service, Moody | Leave a comment

Central Bank Sees No Emergency Loan Requests

Posted on June 19, 2009 by Cambodia Economy

Not a single lending institution in six months has taken the National Bank up on an offer of emergency loan assistance, officials said Friday. Emergency loans are available to banks facing liquidity constraints in the wake of the global financial … Continue reading →

Posted in Loan | Tagged acleda bank, ANZ bank, ATM Cambodia, ATM in cambodia, ATMs in Cambodia, bank Cambodia, bank in Cambodia, bank notes, bank of Cambodia, banking, banking sectors, 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, central bank, Commercial banks, commercial public bank, credit card in cambodia, credit card service, Financial crisis, grant loans, khmer bank, microfinance Cambodia, microfinance in Cambodia, microfinance loan, money banking in cambodia, money transfer via bank, National Bank of Cambodia | Leave a comment

New MFI to issue property loans

Posted on June 1, 2009 by Cambodia Economy

WHILE most banks remain reluctant to provide real estate loans to customers amid the global financial downturn, a new microfinance institution set to launch June 8 says it will channel lending to house purchases and construction. “For the first time, … Continue reading →

Posted in Loan | 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 economy, 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, Financial crisis, Financial loans, khmer bank, lend a loan, loans, microfinance, microfinance Cambodia, microfinance in Cambodia, microfinance institutions, microfinance loan, money banking in cambodia, money transfer via bank, motorcycle loan in Cambodia, National Bank of Cambodia, Property market, Real estate, Small business, soft loan for financial system | 3 Comments

Financial lease law passed by National Assembly

Posted on June 1, 2009 by Cambodia Economy

On Wednesday, May 27, 2009, the National Assembly passed unanimously the draft law on financial lease that is allow banks to issue leases for equipment, machinery and vehicles to business and enterprises in the wake of the global financial crisis. … 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, banking system, 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, collateral in loans, Commercial banks, commercial public bank, credit card in cambodia, credit card service, Financial crisis, Financial lease, financial system, khmer bank, Loan, microfinance Cambodia, microfinance in Cambodia, microfinance loan, money banking in cambodia, money transfer via bank, motorcycle loan in Cambodia, National Bank of Cambodia, Real estate | 4 Comments

Indian bank opened its branch in Cambodia

Posted on May 28, 2009 by Cambodia Economy

Despite the global financial crisis, the new Indian bank still starts operating its door in Cambodia following the South Korean bank-Kookmin- operated in Phnom Penh in the earlier this month. The opening of the bank of India is part of … 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, 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, capital market, car loan from Cambodia bank, car loan in Cambodia, commercial bank, commercial public bank, credit card in cambodia, credit card service, Financial crisis, indian bank, 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 | Leave a comment