The Association of Banks in Cambodia (ABC) and Expert Leadership Innovation Exchange Organization (ELIX) are joining hands to promote digital literacy and capacity building, in support of the government’s policies on the Fourth Industrial Resolution (Industry 4.0) as well as the “Cambodia Digital Economy and ...

The Ministry of Agriculture, Forestry and Fisheries (MAFF) and Wing Bank (Cambodia) Plc have inked a deal that will offer accessible, low interest rate loans to support the government’s Agriculture Priority policies through the innovative Wingagri supply chain platform built specifically to support the sector. ...

China’s central bank announced on Monday that it has authorized the bank of China (BOC) Phnom Penh Branch to be the clearing bank for renminbi (RMB) business in Cambodia. ...

Financial institutions like Wing Bank, AMK Microfinance (MFI), Boost Capital are focusing on agriculture-driven tech. ...

Rising tourism footfalls and strong manufacturing prospects will drive Cambodia’s economy to grow at the rate of 5.8 percent this year and six percent next year, according to the latest edition of the Asian Development Bank’s (ADB) flagship economic report, released yesterday. ...

Women clients of micro-finance institutions (MFIs) tend to have 9 percent more savings than men on average, as per a recent study. ...

Cambodia is driving green financing through effective changes in policy, said National Bank of Cambodia (NBC) Governor Chea Serey, while in Brussels, Belgium. ...

The Ministry of Commerce and the National Bank of Cambodia (NBC) recently held a high-level meeting to discuss strategies to encourage the use of Khmer Riel and decided to promote price tag labelling in national currency as an important step. ...

The National Bank of Cambodia (NBC) announced on Friday that it is seeking to cooperate with relevant stakeholders to crack down on illegal lenders. It also alerted the public about the dangers of taking cash loans from unfamiliar sources. ...

Commercial banks and microfinance institutions have acquired more than 209 billion riel in riel liquidity, worth $52.4 million, from the National bank of Cambodia (NBC) since the central bank began its liquidity-providing collateralised operation (LPCO) in October 2016. ...

With the deadline for a second review by a global task force of the government’s efforts to combat money laundering and terrorism financing fast approaching, the Kingdom’s central bank yesterday conducted a workshop with banks, financial institutions and state agencies to flesh out a strategy ...

Cambodia’s central bank purchased a total of $479.4 million worth of cash during the first half of this year to convert to riel, utilising one of the few tools the National bank of Cambodia (NBC) has to stabilise the value of the local currency and ...

Cambodia’s banking sector enjoyed another strong performance last year as the Kingdom’s economy continued to expand, with banking credit moderating, deposits increasing and financial institutions remaining healthy as they further integrate into the global economy, the central bank said in its annual report yesterday. ...

The central bank officially held a soft launch last Friday for its central shared switch mechanism, which connects account records of three of the Kingdom’s leading financial institutions, allowing them to operate ATM and point-of-sale (POS) terminals in tandem. ...

The National Bank of Cambodia rolled out a new mechanism yesterday that offers immediate liquidity to financial institutions to cover their payments and reserve obligations, while giving the central Bank greater control over the country’s money supply and moving toward the establishment of a benchmark ...

The National Bank of Cambodia (NBC) released its review of 2016 and outlook for 2017 this week, highlighting the continued large growth of the Banking sector while warning that the Kingdom was still vulnerable to external economic factors. ...

In order to promote interbank transactions and lending, the National bank of Cambodia (NBC) has officially launched a new online platform which allows financial operators to apply for and trade the central bank’s financial instruments like negotiable certificates of deposits (NCDs), liquidity-providing collateralised operations (LPCOs) ...

The National Bank of Cambodia (NBC) will open a museum on finance and monetary matters in January 2018, a representative of the central Bank has announced. ...

The National Bank of Cambodia (NBC) on Tuesday released eight billion riel (about $2 million) at three percent interest to just one financial institution that joined the third bidding of the new Liquidity-Provided Collateralized Operation (LPCO). ...

In his office at the National Bank of Cambodia, Mr. Heng Bomakara recalls the early stages of the nation’s currency with fondness. He still remembers a time when coins were commonplace. First minted in aluminum and then later in steel, these coins are now a ...