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Tag Archives: International Monetary Fund
Banking during economic decline
The World Bank and the International Monetary Fund released reports on the Cambodian banking sector that warned of potentially serious problems with liquidity and nonperforming loans. What is your reaction to those reports? Firstly, in terms of the banking sector, … Continue reading
Posted in Banking System
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Central bank warns lenders over property
CAMBODIA’S central bank has warned that the property market downturn could increase nonperforming loans (NPLs). The National Bank of Cambodia (NBC) said its latest supervision report showed NPLs rising from US$58 million in June 2008 to almost $88 million by … Continue reading
Posted in Banking System
Tagged Acleda, 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, credit card in cambodia, credit card service, Farm loan, International Monetary Fund, 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, real estate loan, soft loan for financial system
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National Bank of Cambodia denies banking instability
THE National Bank of Cambodia (NBC) said Thursday that the Kingdom is not exposed to the global credit crunch. Speaking at the Banking Cambodia conference that kicked off Thursday, Neav Chanthana, deputy governor at the central bank, said that the … 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, central bank, Commercial banks, commercial public bank, credit card in cambodia, credit card service, global financial crisis, International Business Forum, International Monetary Fund, 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
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Global economic downturn affected Cambodia: IMF warns
With the impact of the global financial crisis and economic slowdown, The International Monetary Fund (IMF) warned that Cambodian economy will face “serious challenges”. IMF projected that the growth rate of Cambodian economy would be falling below 4.8 percent in … Continue reading
Cambodian economic growth rate down in 2009
While the global economic crisis continues to collapse, the International Monetary Fund (IMF) projected that the Cambodian economic growth rate will be likely to fall below 4.8 percent in 2009 but Cambodian government officials have rebuffed a gloomy economic forecast. … Continue reading