Economy and commerce

Banking and financial services

Press release "Independent report shows Cambodia's microfinance sector promotes sustainable development goals"

On 19 January 2024, the Cambodia Microfinance Association issued a press release on the Independent report showing Cambodia’s microfinance sector promotes sustainable development goals on their official social media site. According to the press, the study was conducted with more than 3,200 customers of Microfinance institutions ...

Cambodia Microfinance Association

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Press release: Cambodia launches Standard Loan Contract and Standard Text of Contractual Terms to strengthen consumer protection and fair competition in banking and financial sector

On 30​ August 2023, the Cambodia Microfinance Association (CMA) and the Association of Banks in Cambodia issued a joint press release on the launch of the Standard Loan Contract and Standard Text of Contractual Terms to strengthen consumer protection and fair competition in banking and ...

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Press release on the meeting to review and discuss the Draft MoU between the Ministry of Economy and Finance and the Wing Bank (Cambodia) Plc

On 14 August 2023, the General Department of Taxation of the Ministry of Economy and Finance issued a press release on the review meeting and discussion on the Draft Memorandum of Understanding on the use of services of Wing Bank (Cambodia) Plc for tax revenue ...

General Department of Taxation

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Press release on the memorandum of understanding (MoU) on "Cross-border QR code payment cooperation" between the National Bank of Cambodia and UnionPay International Co.,Ltd

On 10 July 2023, the National Bank of Cambodia issued a press release on the memorandum of understanding (MoU) on “Cross-border QR code payment cooperation” between the National Bank of Cambodia and UnionPay International Co.,Ltd.This MoU aims to promote efficient and secure cross-border QR Code ...

National Bank of Cambodia

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Press release – prakas on credit risk for capital adequacy ratios in deposit-taking banks and financial institutions of national bank of cambodia

On 03 July 2023, the Credit Guarantee Corporation of Cambodia has posted a press release on prakas on credit risk for capital adequacy ratios in deposit-taking banks and financial institutions of national bank of cambodia on their official website.According to the press release, the purpose ...

Credit Guarantee Corporation of Cambodia

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Press release on the memorandum of understanding (MoU) on "Cooperation in Different Area of Financial Sector Development" between the National Bank of Cambodia and the National Bank of Rwanda

On 17 April 2023, the National Bank of Cambodia issued a press release on the memorandum of understanding (MoU) on “Cooperation in Different Area of Financial Sector Development” between the National Bank of Cambodia and the National Bank of Rwanda.The main purpose of this MoU ...

National Bank of Cambodia

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Announcement on the delisting of rural credit institutions from the list at the National Bank of Cambodia

On 12 April 2023, National Bank of Cambodia has posted an announcement on the delisting of rural credit institutions from the list at the National Bank of Cambodia on their official social media site. According to the announcement, National Bank of Cambodia has delisted 108 credit ...

National Bank of Cambodia

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Press release on the implementation of the Law on Consumer Protection and Prakas on unfair contract clause in the banking and financial sector

On 24 March 2023, the Ministry of Commerce and the National Bank of Cambodia posted a press release regarding the Press release on the implementation of the Law on Consumer Protection and Prakas on unfair contract clauses in the banking and financial sector on their ...

National Bank of Cambodia

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Press release on the launching ceremony of public financial management reform program stage 4 "performance accountability"

On 20 March 2023, the Ministry of Economy and Finance issued a press release on the launching ceremony of public financial management reform program stage 4 “performance accountability”, which is the last stage of public financial management reform program. ...

Ministry of Economy and Finance

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Joint Statement between the National Bank of Cambodia and the General Commissariat of National Police

On 27 January 2023, the National Bank of Cambodia issued a joint Statement between the National Bank of Cambodia and the General Commissariat of National Police.The National Bank of Cambodia and the General Commissariat of National Police request that citizens use the official financial services ...

National Bank of Cambodia

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AIIB Loans to Cambodian Microlenders Risk Worsening a Human Rights Crisis

On 17th November 2022, LICADHA issued a joint statement on AIIB loans to Cambodian microlenders risk worsening a human rights crisis.We, the undersigned civil society organisations in Southeast Asia and Europe, decry the Asian Infrastructure Investment Bank’s (AIIB) approval of US$175 million in financing to ...

LICADHO

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Announcement on Fintech stage of Cambodia Tech Expo 2022

On 28 October 2022, Techo Startup Center has posted an announcement on Fintech stage of Cambodia Tech Expo 2022 on their official social media site. Fintech stage will be held at Cambodia Tech Expo 2022 for three consecutive days from 11th to 13th, November 2022 at ...

Techo Startup Center

Joint statement of the Association of Banks in Cambodia and the Cambodia Microfinance Association on the understanding and favor to borrowers affected by the flood

On 19 October 2022, the Association of Banks and the Cambodia Microfinance Association has posted a joint statement on the understanding and favor to borrowers affected by the flood. According to the joint statement, the two associations agree to provide good cooperation within the framework of ...

The Association of Banks in Cambodia

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Notification on favors for borrowers affected by severe floods

On 18 October 2022, the National Bank of Cambodia issued a Notification on favors for borrowers affected by severe floods. This implementation was made after the high call of Samdech Techo, Prime Minister, on 17 October 2022 and after discussions with the Association of Banks ...

National Bank of Cambodia

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Press release on the role of banking sector and fintech in digital economy in Cambodia

On 23 September 2022, the Ministry of Economy and Finance issued a press release on the role of banking sector and fintech in digital economy in Cambodia.The workshop aimed to (1) disseminate the government’s policies, laws, and regulations on digitalization and the banking sector as ...

Ministry of Economy and Finance

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Joint statement of Cambodia Microfinance Association and Association of Banks in Cambodia on the German government-funded study

On 16 September 2022, the Association of Banks in Cambodia and Cambodia Microfinance Association issue a joint statement on a study entitled “Micro” Finance in Cambodia: Development, Challenges, and Recommendations commissioned by the Federal Ministry for Economic Cooperation and Development (BMZ). ...

Cambodia Microfinance Association

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Joint press release German government-funded study confirms grave problems in Cambodia’s microfinance sector

On 14 September 2022, the Cambodia League For the Promotion and Defense of Human Rights (LICADHO) released a joint press on a study commissioned by the Federal Ministry for Economic Cooperation and Development (BMZ) provides further evidence of widespread over-indebtedness in Cambodia, resulting in an ...

Cambodia League For the Promotion and Defense of Human Rights (LICADHO)

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National Bank of Cambodia alerts on illegal advertising and lending

On 25 August 2022, the National Bank of Cambodia (NBC) published a press release on illegal advertising and lending. The National Bank of Cambodia (NBC) has observed that a number of fraudsters have openly advertised and lent credit to the people through various forms such ...

National Bank of Cambodia

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ANZ launches human rights grievance mechanism in a first for the global banking sector

On 03 November 2021, the Equitable Cambodia issued a press release on ANZ launches human rights grievance mechanism in a first for the global banking sector.Australia’s ANZ Bank launched a Grievance Mechanism Framework to evaluate and respond to human rights related complaints associated with its ...

Equitable Cambodia

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Announcement: Normal operation of banking and microfinance services in the Kingdom of Cambodia

On 23 April 2021, the Association of Banks in Cambodia released an announcement on the normal operation of banking and microfinance services in the Kingdom of Cambodia. Some microfinances and banking agents in the lockdown areas are also in the operation of providing financial services ...

Association of Banks in Cambodia

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Announcement on the encouragement to use electronic services

On 20 April 2021, the National Bank of Cambodia released an announcement on the encouragement to use electronic services aims to take efforts to prevent the serious spreading of COVID-19 in the community through reducing the usage of banknotes. ...

National Bank of Cambodia

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Additional statement: An updated version of banking and financial institutions intervention measures for clients affected by COVID-19

On 12 April 2021, the Association of Banks in Cambodia (ABC) and Cambodia Microfinance Association (CMA) issued an additional statement on the updated version of banking and financial institutions intervention measures to further support and favor clients who are affected by COVID-19. ...

Association of Banks in Cambodia (ABC) and Cambodia Microfinance Association (CMA)

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Joint statement: Suspension on loan repayments and interest accrual to help Cambodian borrowers

On 06 April 2021, Cambodian Youth Network and civil society groups issued a joint statement requesting the Royal Government to directly introduce measures to all microfinance institutions (MFI) and banks to suspend all loan repayments and interest accrual for at least three months in order ...

Cambodian Youth Network

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Joint press statement: The Association of Banks in Cambodia (ABC), Cambodia Microfinance Association (CMA), Cambodian Association of Finance and Technology (CAFT)

On 08 December 2020, the Association of Banks in Cambodia (ABC), Cambodia Microfinance Association (CMA), and Cambodian Association of Finance and Technology (CAFT) issued a joint press statement stating their effort in fighting against the spread of Covid-19 in Cambodia with the Ministry of Health ...

Association of Banks in Cambodia (ABC), Cambodia Microfinance Association (CMA), and Cambodian Association of Finance and Technology (CAFT)

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