PHNOM PENH: The Prime Minister of Cambodia has encouraged ABA Bank to explore opportunities to provide financial support for Cambodia’s agro-industrial development, a priority area of the Royal Government. Samdech… Read More »PM Encourages ABA to Support Cambodia’s Agro-Industrial Development
PHNOM PENH: The National Bank of Cambodia (NBC) and UnionPay International (UPI) yesterday have officially launched Phase II: Bakong Outward Cross-Border Payment, enabling users of Bakong app and local banks’… Read More »NBC, UPI Launch Phase II: Bakong Outward Cross-Border Payment
PHNOM PENH: Wing Bank, a leading financial institution in Cambodia and part of the Royal Group of Companies, has announced that it has received approval from the National Bank of… Read More »Wing Bank Secures $88 Million Capital Boost to Fuel Growth and Expand Financial Inclusion in Cambodia
PHNOM PENH: A leading commercial bank in Cambodia, ACLEDA Bank Plc., has officially launched its subordinated bond listing with the Cambodia Securities Exchange (CSX) to expand its financing source. H.E.… Read More »Listing of ACLEDA Bank’s Subordinated Bonds Launched
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
