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Tag Archives: global financial crisis
USD 59.4 million in concessional loans granted by ADB
In response to fight against the global financial crisis, the amount of $59.4 million in concessional loans has been granted to Cambodia by Asian Development Bank (ADB). The money has been made available through the bank’s Asian Development Fund (ADF), … Continue reading
South Korea’s bank opened in Cambodia
Despite the global financial crisis has attacked South Korean investors in Cambodia, including real estate and construction industry, the KB Financial Group, which is the South Korean-based financial holding company, announced that Kookmin Bank PLC, the biggest lender in South … 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 in Cambodia, Banking industry, Banking investment, banking sector, banking services, 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, Commercial banks, commercial public bank, corporate loans, credit card in cambodia, credit card service, global financial crisis, khmer bank, Khmer Union Bank, Kookmin bank, microfinance Cambodia, microfinance in Cambodia, microfinance loan, money banking in cambodia, money transfer via bank, Mortgages, motorcycle loan in Cambodia, National Bank of Cambodia, Siem Reap, Sihanoukville, soft loan for financial system, South Korean bank
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Banking on an economic crisis
EXACTLY one year after the subprime mortgage crisis first hit in the United States in July 2007, Cambodia’s central bank took measures to reduce liquidity in its undeveloped financial system by doubling reserve requirements from 8 percent to 16 percent. … Continue reading
Posted in Banking System
Tagged Acleda, acleda bank, ANZ, ANZ bank, ATM Cambodia, ATM in cambodia, ATMs in Cambodia, bank Cambodia, bank in Cambodia, bank notes, bank of Cambodia, banking system, banks, 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, central bank, Commercial banks, commercial public bank, credit, credit card in cambodia, credit card service, economic slowdown, global financial crisis, High loan, khmer bank, microfinance, microfinance Cambodia, microfinance in Cambodia, microfinance loan, money banking in cambodia, money transfer via bank, motorcycle loan in Cambodia, National Bank of Cambodia, SMEs, soft loan for financial system
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Retailer confidence rock bottom, new survey finds
CAMBODIAN retailers have been hit hard by the global economic crisis, but more than half expected conditions to improve over the next six months, a survey of retailer confidence released today by Indochina Research shows. The company’s second-quarter I-TRAK survey … Continue reading
Central bank to loan US$ 100 million to commercial banks
After break-out of the global financial crisis, the national bank of Cambodia (NBC) has set up an approximately US$ 100 million loan for commercial banks to make sure that they will have cash on hand if needed. The central bank … Continue reading
From a banking boom to financial hardship
Chan Kok Choy, executive director of Vattanac Bank, speaks to the Post about the onset of the financial crisis, the general outlook for 2009 and how his bank plans to respond. Has the crisis slowed Vattanac Bank’s progress? Do you … 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 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, commercial public bank, commerncial banks, credit card in cambodia, credit card service, economic slowdown, global financial crisis, khmer bank, loans, microfinance Cambodia, microfinance in Cambodia, microfinance loan, money banking in cambodia, money transfer via bank, motorcycle loan in Cambodia, National Bank of Cambodia, vatthac bank
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