The banking system has demonstrated its robustness through high levels of liquidity and capital, and will remain sound and resilient while playing a crucial role in supporting economic activities, despite recent global turbulence, according to the National bank of Cambodia (NBC). ...

Cambodia’s international reserves had risen to $18.4 billion as of June 2023, up 3.2 percent from $17.82 billion at the end of 2022, said a report of the National Bank of Cambodia (NBC) on Monday. ...

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) said. ...

The prudential monetary policies and Riel promotion have built price stability of Riel, which earned public trust over the circulation of the national currency, said a senior official at the National Bank of Cambodia. ...

The National Bank of Cambodia (NBC) announced that it will float the 100 billion riel ($25 million) first tranche of its 1.2195 trillion riel maiden sovereign-bond issue on September 7, which financial experts point out will allow the government to diversify funding sources for national ...

Cambodia’s Ministry of Interior has issued a warning against the use of national identity cards as collateral for loans as it violates the guidelines of the National Bank of Cambodia (NBC). ...

The province’s new landfill site was built on a total area of 20.80 hectares in Paoy Svay village, Ta Kream commune, Banan district. It has four pits to store garbage, a waste treatment plant, a warehouse to store hazardous waste, and several residential buildings. ...

Cambodia has signed Memorandums of Understanding (MoUs) with the Solomon Islands and Fiji to extend the collaboration in the areas of financial innovation and payment system, said a joint statement on Friday. ...

The National Bank of Cambodia (NBC) and the Cambodia Microfinance Association (CMA) have jointly launched the “Safe Finance in Community” project to promote financial literacy, rights and consumer protection in communities, a press statement said on Monday. ...

In July, the National Bank of Cambodia (NBC) flagged the “historically” high credit-to-gross domestic product (GDP) ratio, which stood at 189 percent in 2022, with credit-to-GDP gap reaching nearly 40 percent. ...

Cambodia is set to expand its payment options for tourists by implementing blockchain-based central bank digital currency (CBDC) partnerships. This move is part of the country’s strategy to modernize its tourism sector, recognizing the significant role it plays in the Cambodian economy. ...

Some 1.8 billion Khmer riel and US dollar digital transactions valued at $492 billion were recorded in 2023, which rose over 600 million from 1.1 billion transactions in 2022, the National Bank of Cambodia (NBC) said on March 29. This significant increase, an economist opined, ...

Foreign direct investment (FDI) in Cambodia reached 197.8 trillion riels, ($48.4 billion) between 2018-2023, said the National Bank of Cambodia (NBC) on Tuesday. ...

The financial standing of Cambodian borrowers has seen improvement over the years in many cases, as per data with the Cambodian Microfinance Association (CMA). ...

The increasing number of Vietnamese investors gives more potential to the Cambodia market. Saigon Though Tin Commercial Bank (SacomBank), on October 5, opened fully its operation as a foreign Bank in Cambodia where before it was just a branch in Phnom Penh after the business ...

As volatility strikes Asian markets in anticipation of the US Federal Reserve winding down quantitative easing – the practice of injecting money into the economy – the National Bank of Cambodia says the Kingdom will remain largely insulated thanks to an investment market still in ...

The inflow of foreign direct investment (FDI) into Cambodia witnessed solid growth in the first half of this year due to strong funds flowing into the financial and real estate sectors, said a central bank report. It said this was despite the agriculture and garment ...

Mortgage loans in Cambodia continue to surge this year, according to Credit Bureau Cambodia (CBC). The credit body’s consumer report showed that outstanding mortgages hit $3.42 billion at the end of June. CBC’s data showed that loans have increased by 30 percent from the same ...