NBC outlines 2021 risks for personal debt growth
The National Bank of Cambodia (NBC) said declines in personal income and savings in 2020 pose the primary risk for a potential increase in personal debt in the Kingdom in 2021, according to its Macroeconomic and Banking Sector Update 2020 report. ...
Sok Chan
https://www.khmertimeskh.com/50799995/nbc-outlines-2021-risks-for-personal-debt-growth/
NBC governor wins award
National Bank of Cambodia (NBC) governor Chea Chanto won Central Banker of the Year, Asia-Pacific award from premier financial magazine The Banker for his leadership in successfully navigating through a stormy 2020 during the Covid-19 crisis. ...
May Kunmakara
https://www.phnompenhpost.com/business/nbc-governor-wins-award
NBC extends loan restructures to end of year
The National Bank of Cambodia (NBC) released a series of measures on Monday to extend relief to customers suffering financially from the effects of COVID-19. ...
Brian Badzmierowski
https://www.khmertimeskh.com/50861450/nbc-extends-loan-restructures-to-end-of-year/
Open Development Cambodia publishes a new topic page on “Asian Development Bank (ADB)”
Open Development Cambodia (ODC) publishes a new topic page on “Asian Development Bank (ADB)”. This bilingual new topic page gives a quick overview of the ADB in Cambodia, together with the related contents such as ADB assistance and projects in Cambodia, ADB loan for Cambodia’s ...
Asian Development Bank (ADB)
The Asian Development Bank (ADB) was established in 1966 which headquarter is in Manila and currently has 68 members under its institution. The ADB aims to assist members and partners by providing loans, technical assistance, grants, and investments to promote socio-economic development.1 The ADB has ...
Fintechnews Singapore says digital financial services picks up steam in Cambodia
Over the past few years, digital financial services have seen greater adoption in Cambodia, a trend that was accelerated by the COVID-19 pandemic and the social distancing measures put in place to limit the spread of the virus. ...
Khmer Times Staff
https://www.khmertimeskh.com/1021708/fintechnews-singapore-says-digital-financial-services-picks-up-steam-in-cambodia/
Open Development Cambodia publishes a new topic page on “National Bank of Cambodia"
Open Development Cambodia (ODC) publishes a new topic page on “National Bank of Cambodia”. This bilingual topic page gives a quick overview of National Bank of Cambodia, together with the related contents such as riel, NBC’s response to COVID-19, contact as well as relevant publications.=>Please ...
Open Development Cambodia updates a new topic page on “Banking and financial services”
Open Development Cambodia (ODC) updates a topic page on “Banking and financial services”. This bilingual topic page gives a quick overview of Banking and financial services in Cambodia.=>Please click here to go to “Banking and financial services”. ...
National Bank of Cambodia
The National Bank of Cambodia (NBC) was established through the Law on the organization and conduct of the National Bank of Cambodia in 1996.49 NBC is the nation’s central Bank, whose mission is to determine and direct the monetary policy in order to maintain price ...
Banking and financial services
According to the Annual supervision report 2020 by the National Bank of Cambodia (NBC), the key bodies in the Banking system consists of:51 commercial Banks12 specialized Banks75 microfinance non-deposit taking institutions6 microfinance deposit-taking institutions245 rural credit institutionsIn addition, there are financial leasing companies, third-party processors, ...
OJK, Cambodia’s FSA enhance collaboration in financial supervision responsibilities
The Indonesian Financial Services Authority, commonly known as OJK, has joined forces with its Cambodian counterpart to bolster the supervision of non-bank financial institutions and contribute to the stability of the global financial system. ...
Khmer Times Staff
https://www.khmertimeskh.com/501339466/ojk-cambodias-fsa-enhance-collaboration-in-financial-supervision-responsibilities/
Cambodia, Laos launch KHQR-LAOQR cross-border payments
The National Bank of Cambodia (NBC) and Bank of the Lao PDR (BOL) on Friday launched the cross-border payment via QR Code in Laos in the first phase, said a statement. ...
Kang Sothear
https://www.khmertimeskh.com/501345965/cambodia-laos-launch-khqr-laoqr-cross-border-payments/
NBC to intervene in foreign exchange market
The National Bank of Cambodia (NBC) will intervene in the currencies market in response to slower demand for riel and appreciation of the US dollar in the international foreign exchange market, an NBC release said. ...
Kang Sothear
https://www.khmertimeskh.com/501351238/nbc-to-intervene-in-foreign-exchange-market/
Vietnam actively joins cross-border payment connectivity effort
Cambodian media has reported on August 25 that the State Bank of Vietnam (SBV) has signed a Memorandum of Understanding (MoU) on cooperation in regional payment connectivity with the central Banks of Indonesia, Malaysia, Philippines, Singapore and Thailand. ...
Khmer Times Staff
https://www.khmertimeskh.com/501349303/vietnam-actively-joins-cross-border-payment-connectivity-effort/
Soramitsu, the little-known blockchain firm behind Southeast Asia’s digital payment systems
Soramitsu, a Japanese company riding the wave of blockchain-based products supporting digital payments, has landed several deals with central banks. ...
Khmer Times Staff
https://www.khmertimeskh.com/501363859/soramitsu-the-little-known-blockchain-firm-behind-southeast-asias-digital-payment-systems/
Consumer credit applications up 5 percent in third quarter
The personal loan market improved significantly in the third quarter of 2022, according to the Consumer Credit Index of the Credit Bureau Cambodia (CBC). In the third quarter, the number of consumer credit applications increased marginally from the second quarter, according to the latest report. ...
Sok Sithika
https://www.khmertimeskh.com/501178749/consumer-credit-applications-up-5-percent-in-third-quarter/
CBC keeps credit data of over 7M customers
Independent financial information provider Credit Bureau (Cambodia) Co Ltd (CBC) now maintains the credit data of more than seven million customers in its core system, 10 years after its establishment, according to its chairwoman Chea Serey. ...
May Kunmakara
https://www.phnompenhpost.com/business/cbc-keeps-credit-data-over-7m-customers
Bakong likely to make forays into Rwanda
National Bank of Cambodia (NBC) and the National Bank of Rwanda recently held talks to explore ways to establish Bakong online payment system in that country, said an NBC statement. ...
Sreekanth Ravindran
https://www.khmertimeskh.com/501315349/bakong-likely-to-make-forays-into-rwanda/
BFIs code of conduct fully implemented
After its rollout about a year ago, Cambodian banks and financial institutionals (BFIs) and members of the Cambodian Association of Finance and Technology (CAFT) have finally fully implemented the code of conduct and lending guidelines. ...
Kiripost staff writers
https://kiripost.com/stories/cambodia-bfis-code-of-conduct-fully-implemented
NBC celebrates 43rd anniversary of riel reintroduction
In a bid to raise public awareness of the usage of the national currency, National Bank of Cambodia (NBC) hosted a seminar on ‘Riel, Financial Literacy and Bakong’ at the Center for Banking Studies yesterday. ...
Adur Pradeep
https://www.khmertimeskh.com/501258631/nbc-celebrates-43rd-anniversary-of-riel-reintroduction/