ABC, CMA set out six debt relief measures
The Association of Banks in Cambodia (ABC) and Cambodia Microfinance Association (CMA) on April 7 ordered members to adopt six measures of financial relief in light of the economic fallout and depressed incomes caused by the February 20 community transmission of Covid-19. ...
May Kunmakara
https://www.phnompenhpost.com/business/abc-cma-set-out-six-debt-relief-measures
Banks talk about relief to farmers
The chief executive officer of the Agricultural Rural Development Bank (ARDB) and the president of ACLEDA Bank met to discuss the possibility of a joint-lending programme that would extend support to farmers in the country. ...
Brian Badzmierowski
https://www.khmertimeskh.com/50835722/banks-talk-about-relief-to-farmers/
Bank, MFIs operations go on despite lockdown
The Association of Banks in Cambodia (ABC) and the Cambodian Microfinance Association (CMA) on April 23 informed the public that business operations in the industry are continuing as normal nationwide although some areas in the provinces and capital have been placed in lockdown to curb ...
May Kunmakara
https://www.phnompenhpost.com/business/bank-mfis-operations-go-despite-lockdown
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
ធនាគារ ADB៖ សេដ្ឋកិច្ចកម្ពុជាឆ្នាំ២០២១អាចកើន៤% តែត្រូវមើលស្ថានភាពកូវីដ១៩សិន
ធនាគារអភិវឌ្ឍន៍អាស៊ីADB នៅថ្ងៃពុធនេះ បានព្យាករសន្ទុះសេដ្ឋកិច្ចកម្ពុជាថានឹងកើនក្នុងអត្រា៤%ក្នុងឆ្នាំ២០២១ តែបានក្រើនរំឭកថាកំណើនជាក់ស្ដែងក៏អាស្រ័យផងដែរលើស្ថានភាពផ្ទុះឆ្លងកូវីដ១៩ក្នុងសហគមន៍ ដែលកំពុងគំរាមទាំងជីវិតនិងសេដ្ឋកិច្ច។ ...
Aun Chhengpor
https://www.voacambodia.com/a/four-percent-gdp-growth-hinges-on-current-outbreak-adb-says-/5869863.html
ADB climate scheme benefits Kingdom
The Asian Development Bank (ADB) has announced that their six-year pioneering regional technical assistance initiative has helped reduce the threat posed by climate change to public health in Cambodia. ...
Ry Sochan
https://phnompenhpost.com/national/adb-climate-scheme-benefits-kingdom
Ministry of Economy announces $100 million funding increase for SME Bank and Rural Development Bank for Agriculture
The Ministry of Economy and Finance will announce the announcement of additional funding of $100 million for the Cambodian Small and Medium Enterprise Bank and the Agricultural Rural Development Bank to provide additional support to SMEs, agriculture and agriculture. Industry according to the press release ...
Khmer Times Staff
https://www.khmertimeskh.com/501023375/ministry-of-economy-announces-100-million-funding-increase-for-sme-bank-and-rural-development-bank-for-agriculture/
World Bank commits $60 million for five waste management sites
Several ministries and the World Bank have been studying plans for a project to improve solid and plastic waste management in the towns and districts of five provinces. ...
Nov Sivutha
https://www.phnompenhpost.com/national/world-bank-commits-60-million-five-waste-management-sites
$110 million from World Bank to improve National Road Number four to Sihanoukville
The Ministry of Public Works and Transport has begun construction and improvement of National Road 4 (NR4) under a $110 million in financing from the World Bank, aiming to meet the current traffic growth. ...
Khmer Times Staff
https://www.khmertimeskh.com/1033275/110-million-from-world-bank-to-improve-national-road-number-four-to-sihanoukville/
Minister proposes agri projects for ADB backing
Agriculture minister Veng Sakhon and Asian Development Bank (ADB) executive director Anthony McDonald on May 27 discussed the needs of some development projects in the agricultural sector in which the Metro Manila-based multilateral lender could potentially provide financial support, according to a post on Sakhon’s ...
Post Staff
https://www.phnompenhpost.com/national/minister-proposes-agri-projects-adb-backing
World Bank says Cambodia’s economy on recovery path, forecast 4.8 percent GDP growth for this year
Cambodia’s economy is recovering well after COVID-19, but global headwinds could pose risks to a positive outlook in months to come, the World Bank said in a report released yesterday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501198797/world-bank-says-cambodias-economy-on-recovery-path-forecast-4-8-percent-gdp-growth-for-this-year/
Cambodia’s National Bank says banking system plays active role in continuing to support economic recovery
The National Bank of Cambodia (NBC) said the Banking system has played an active role in continuing to support the economic recovery by continuing to provide appropriate financial services to meet economic needs. ...
Khmer Times Staff
https://www.khmertimeskh.com/501218507/cambodias-national-bank-says-banking-system-plays-active-role-in-continuing-to-support-economic-recovery/
Cambodia’s economy slated to grow 6% in 2023
Cambodia’s economy is predicted to grow by roughly six percent in 2023 despite global challenges, according to the National Bank of Cambodia (NBC). ...
Mao Sreypich
https://kiripost.com/stories/cambodias-economy-slated-to-grow-6-in-2023
NBC receives 306 financial complaints last year
The National Bank of Cambodia (NBC) received 306 cases of complaints and enquiries from consumers of services provided by Banks and financial institutions through its hotline numbers in 26 cities and provinces in 2022. ...
Kang Sothear
https://www.khmertimeskh.com/501225198/nbc-receives-306-financial-complaints-last-year/
Loan offtake slows, NPLs go up
Growth in the offtake of loans from financial institutions is forecast to be in single digits this year in Cambodia, compared to the 17 percent growth in 2022, according to the Cambodian Financial Sector Report 2023 by Mekong Strategic Capital. ...
Manoj Mathew
https://www.khmertimeskh.com/501350471/loan-offtake-slows-npls-go-up/
Acleda Bank to expand KHQR beyond ASEAN
Acleda Bank Plc plans to expand the KHQR system to non-Association of Southeast Asian Nations (ASEAN) member countries, said a senior Bank official. ...
Kang Sothear
https://www.khmertimeskh.com/501347404/acleda-bank-to-expand-khqr-beyond-asean/
UK, ADB to provide $134 million fund to help catalyse green financing in Southeast Asia
The Asian Development Bank (ADB) and the Government of the United Kingdom (UK) have signed a memorandum of understanding to develop a £107 million (around $134 million) trust fund to support efforts by Association of Southeast Asian Nations (ASEAN) countries, including Cambodia, to scale up ...
Khmer Times Staff
https://www.khmertimeskh.com/501108360/uk-adb-to-provide-134-million-fund-to-help-catalyse-green-financing-in-southeast-asia/
ARDB inks $30M loan pact to promote agri sector
The Agriculture and Rural Development Bank of the Ministry of Economy and Finance has signed the $30 million subsidiary loan agreement with three Banks and micro-financial institutions to help financial access to the agricultural sector. ...
Chea Vanyuth
https://www.khmertimeskh.com/501132346/ardb-inks-30m-loan-pact-to-promote-agri-sector/
Skills for future economy project to be okayed by 2023: ADB
ADB will support the Skills for Future Economy Sector Development Program in Cambodia, said a top official of the bank. The bank is the leading development partner in the technical and vocational education and training (TVET) sector. ...
Sok Sithika
https://www.khmertimeskh.com/501156974/skills-for-future-economy-project-to-be-okayed-by-2023-adb/
$50-million ADB loan granted to Battambang city
Battambang city governor Leang Veasna announced that through the Royal Government of Cambodia, Battambang city has borrowed $50 million from the Asian Development Bank (ADB). ...
Khmer Times Staff
https://www.khmertimeskh.com/501243465/50-million-adb-loan-granted-to-battambang-city/