Cambodia’s economy projected to reach robust growth in 2024
PHNOM PENH: The National Bank of Cambodia (NBC) projected Cambodian economic growth at 6.4 percent in 2024, up from an estimated 5.5 percent in 2023, mainly driven by the tourism…
Cambodia’s banking system stays healthy: NBC
PHNOM PENH: The Cambodian banking system continues to be resilient and has achieved great results, as well as contributed vitally to macroeconomic stability and economic growth, said H.E. Mrs. Chea…
NBC, UnionPay International officially launch Cross-Border QR code payment
PHNOM PENH: The National Bank of Cambodia (NBC) and UnionPay International have launched official Cross-Border QR Code Payment allowing people to make payments via scanning KHQR codes in Cambodia and…
NBC governor attends 2023 MOEF-BOK-FSC-IMF international conference in Seoul
PHNOM PENH: Governor of the National Bank of Cambodia (NBC) H.E. Ms. Chea Serey attended the 2023 MOEF-BOK-FSC-IMF International Conference, held late last week in Seoul, the Republic of Korea…
Cambodia, Vietnam launch cross border QR code payment system
PHNOM PENH: Cambodia and Vietnam have officially launched bilateral cross-border QR code payments, enabling the people of both countries to scan QR to make payments using their local currencies. National…
Fintech plays important role in promoting financial inclusion in Cambodia
PHNOM PENH: The FinTech industry has been given the opportunity to play a significant role in promoting financial inclusion in Cambodia, said H.E. Mrs. Chea Serey, Governor of the National…
Cambodia, China reach cooperation on financial innovation and payment system
PHNOM PENH: Cambodia and China have entered into cooperation on financial innovation and clearing and settlement arrangements, to facilitate efficient and secure cross-border payment transactions between the two countries. The…
National Bank of Cambodia launches book on Cambodian Dollarisation
PHNOM PENH: The National Bank of Cambodia (NBC) has launched the book titled “Cambodian Dollarisation: Its Policy Implications for LDCs’ Financial Development”, focusing on the outputs of the empirical study…
AFD to continue cooperation in microfinance development with Cambodia
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,…
Outstanding loans rose 10.5 pct to $57.8 billion in first half
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…
The factors driving foreign direct investment in Cambodia
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.…