PHNOM PENH: The French Development Agency (AFD) is committed to continuing its cooperation in the development of the microfinance sector in Cambodia. The commitment was emphasized by Ms. Sandrine Boucher,…
PHNOM PENH: Cambodia's outstanding loans rose by 10.5 percent year-on-year to US$57.8 billion by June 2023, according to a report by the National Bank of Cambodia (NBC). This growth was…
PHNOM PENH: Cambodia has a stream of direct investment from many major countries, including South Korea, Singapore, Japan, Vietnam, Malaysia, Thailand, the United Kingdom, especially China and the United States.…
PHNOM PENH: The Association of Banks in Cambodia (ABC) and Cambodia Microfinance Association (CMA) have launched the Industry-wide Standard Loan Contract and Standard Text of the Contractual Terms for use…
PHNOM PENH: Cambodia and Laos have officially launched the first phase of cross-border QR code payment between the two neighbors (KHQR scan LAOQR), allowing Cambodians to use their national currency,…
PHNOM PENH: ACLEDA Bank Plc., “The bank you can trust, the bank for the people” hereby announces that it officially launches Cross-Border Payment via QR Code in Laos, Phase 1:…
PHNOM PENH: KB PRASAC Bank Plc. on 07 August 2023 is officially announced and launched following the merger between PRASAC Microfinance Institution Plc. (“PRASAC MFI”) and Kookmin Bank Cambodia Plc.…
PHNOM PENH: The Bank for International Settlements (BIS) says the National Bank of Cambodia is among seven Southeast Asian central banks involved in central bank digital currency (CBDC) development. In…
PHNOM PENH: Cambodia has recorded a sharp rise in mobile payments as more and more people have turned from cash-based to digital transaction options, the National Bank of Cambodia (NBC)…
PHNOM PENH: Cambodia’s foreign reserves rose to US$18.4 billion as of June 2023, up 3.2 percent from US$17.82 billion at the end of 2022, showed a report of the National…
PHNOM PENH: The outstanding loans in Cambodia’s banking industry reached nearly US$56 billion by June this year, while banks’ deposits rose to more than US$44 billion, according to a report…
