PHNOM PENH: Cambodia’s banking and financial industry saw a slow credit growth at 3 percent in 2024 with outstanding loans amounted to US$59.9 billion, according to the annual report of… Read More »Cambodia’s Banking and Financial Industry Sees Slow Credit Growth in 2024
PHNOM PENH: The National Bank of Cambodia (NBC) and the Central Bank of Madagascar reached here on Feb. 18 a Memorandum of Understanding (MoU) to establish a framework for cooperation… Read More »NBC, Madagascar’s Central Bank Form Cooperation Framework
PHNOM PENH: The international reserves of Cambodia rose to US$22.5 billion in 2024, a year-on-year increase by 12.6 percent, according to the National Bank of Cambodia (NBC). “Cambodia’s current international… Read More »Cambodia’s International Reserves Jumps to US$22.5 Billion in 2024
PHNOM PENH: The Ministry of Commerce and ABA Bank have formalised strategic cooperation to develop financial sector in Cambodia. A memorandum of understanding on cooperation on a strategic partnership was… Read More »Ministry of Commerce, ABA Partner to Advance Fintech Sector
PHNOM PENH: The Securities and Exchange Regulator of Cambodia (SERC) and International Finance Corporation (IFC) have recently signed a Cooperation Agreement to develop Cambodia’s derivatives market. The Cooperation Agreement was… Read More »SERC and IFC Partner to Develop Cambodia’s Derivatives Market
PHNOM PENH: The Credit Guarantee Corporation of Cambodia (CGCC) has provided credit guarantees of US$256 million for micro, small and medium-sized enterprises (MSMEs) as of the end of December 2024… Read More »CGCC Provides US$256 Million Credit Guarantees for MSMEs
PHNOM PENH: The World Bank’s latest Global Economic Prospects report has forecast Cambodia’s GDP growth at 5.5 percent for this year and next year — up from an estimated 5.3… Read More »World Bank Sees Cambodia’s Growth at 5.5 Percent in 2025 and 2026
PHNOM PENH: The Inter-Ministerial Green Finance Working Group led by the National Bank of Cambodia (NBC) held on Jan. 8 its inaugural meeting to consult with line ministries in order… Read More »NBC Leads Inaugural Meeting of Inter-Ministerial Green Finance Working Group
PHNOM PENH: In its annual Cambodia Economic Update released this month, the World Bank notes that only 39 percent of Cambodian firms cite inadequate education as an obstacle to doing… Read More »Development Banks Stress Need to Link Skills to Industry Demands in Cambodia
PHNOM PENH: On December 12, 2024, the Ministry of Land Management, Urban Planning, and Construction (MLUPC) and Credit Bureau (Cambodia) Co., Ltd. inaugurated a new “Data Access Collaboration” at the… Read More »MLUPC and Credit Bureau Inaugurate Data Access Collaboration
PHNOM PENH: Wing Bank proudly inaugurated its newest branch in Pursat City, marking a significant milestone in its commitment to expanding accessible financial services nationwide. The inauguration ceremony was graced… Read More »Wing Bank Inaugurated Its newest Branch in Pursat City
