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Tag Archives: liquidity
Liquidity to stay tight: IMF
THE International Monetary Fund (IMF) on Friday said banking sector liquidity would remain tight for the rest of the year in a statement on the Cambodian economy following a routine visit to the Kingdom that ended Wednesday. The IMF blamed “slowing external inflows” for the reduction in free capital in the banking system despite recent … Continue reading
Stock market still on course
The Korea Exchange (KRX) and the Cambodian government will sign an official joint venture agreement on Cambodia’s proposed stock exchange Thursday next week, KRX project director Inpyo Lee told the Post, but there remained caution given the current economic climate. The agreement, to be signed by KRX chairman and CEO Lee Jung-hwan and Finance Minister … Continue reading
Banking sector still stable
CAMBODIA’S banking is on a solid footing despite the economic crisis and reports of high risk, according to officials. The National Bank of Cambodia (NBC) and the Ministry of Economy and Finance said Wednesday that limited exposure to real estate, low nonperforming loans and rising deposits show that the sector is in good shape. Hang … Continue reading