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Tag Archives: global financial crisis
Vattanac Bank opened 3th Branch in Phnom Penh
Despite the global financial crisis, Vattanac Bank extended its operation by opening the third branch on Monday near Olymic stadium in Phnom Penh. The bank received its banking license from the National Bank of Cambodia on June 07, 2002 and … Continue reading
Posted in Banking System
Tagged acleda bank, Anchor beer, ANZ bank, ATM Cambodia, ATM in cambodia, ATMs in Cambodia, bank Cambodia, bank in Cambodia, bank notes, bank of Cambodia, banking system, Brewery, 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, credit card in cambodia, credit card service, deposit, foreign exchange, 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, Real estate, remittance, Tiger beer, trade financing, trade service, Vattanac bank
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Microfinance recruitment slowing
THE rate of job creation in the microfinance sector will slow sharply this year as the sector’s previously high levels of loan growth start to slow, the industry body has warned. Bun Mony, chairman of lender Sathapana Limited and a … Continue reading
Lenders faced with the repayment of microfinance loans
In the meeting, representatives and experts said that around 0.6 percent of borrowers from the Cambodia Microfinance Association (CMA) are unable to pay their loans. Although this represents a small percentage, late payments are on the rise. Bun Mony, director … Continue reading
Posted in Loan
Tagged Cambodian farmers, credit, Credit Microfinance Institute, debt, global financial crisis, lender, Loan, loan borrowers, MFI, micro-lender, micro-loans, microfinance
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Prime minister: Revise GDP calculation
PRIME Minister Hun Sen wants national economic growth to include the domestic output of women in individual families and small-scale agriculture, criticising recent estimates for therefore being incorrect in omitting such information. The premier requested that the National Institute of … Continue reading
Posted in Economy
Tagged agricultural product, Cambodian economy, food security, fruit tree, GDP, global financial crisis, microeconomy
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World Bank: Global economy to shrink in 2009 for the 1st time since WWII
WASHINGTON, March 8 (Xinhua) — The World Bank said on Sunday that the global economy will shrink in 2009 for the first time since World War Two and estimated developing countries face a financing shortfall of 270-700 billion dollars this … Continue reading
Posted in Economy
Tagged Cambodian economy, GDP, global financial crisis, private debt, trade deficit
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Deficit a risky business during global crisis
Asian leaders maintain that the region is in better shape than other areas of the world. Do you believe that Asia will escape the worst effects of the crisis? Asia has two major problems – current accounts deficits are rising … Continue reading
Posted in Economy
Tagged Business, GDP, global financial crisis, international trade, investment, National Bank of Cambodia
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