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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 the year-end. That was 3.68 percent of banks’ loan portfolios, which stood at close to … Continue reading