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: 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…
PHNOM PENH: The government has raised funds through government bond issuance with a total of US$27 million in the first six months of this year, accounting for 13.5 percent of…
PHNOM PENH: Cambodia continued to achieve positive economic growth in the first six months of this year, said the National Bank of Cambodia (NBC)’s report released at a recapitulative meeting…
PHNO PENH: Chea Serey, the Deputy Governor of the National Bank of Cambodia (NBC), has been appointed as the new Governor of the NBC. The appointment was made in a…
PHNOM PENH: The cross-border QR Code payment transactions through KHQR between Bakong’s network and UnionPay International's global QR Code acceptance network will expectedly contribute to attracting more Chinese tourists to…
