Report: Banking system healthy
Political stability, growth in all economic sectors and a strong banking system were major drivers that reinforced public confidence in the Kingdom’s banking system last year, said the National Bank of Cambodia (NBC). According to its “Macroeconomic and Banking Progress 2019 Report and 2020 Outlook”, deposits and outstanding loans rose sharply by 25 and 26 per cent respectively over 2018. Outstanding loans reached $19.6 billion and deposits with Cambodia’s seven money deposit-taking institutions (MDI) reached $22 billion last year. …
May Kunmakara
https://www.phnompenhpost.com/business/report-banking-system-healthy
