News

MFIs agree to loan repayment relief for borrowers hit by flooding

Financial institutions said on Wednesday that they will provide favorable easing to customers who have been affected by severe floods, following an appeal by Prime Minister Hun Sen. ... ...

Chhorn Raksmey
https://kiripost.com/stories/mfis-agree-to-loan-repayment-relief-for-borrowers-hit-by-flooding

Banks raise concerns for a new derivative trading law

The Association of Banks in Cambodia has called on the Securities and Exchange Commission to ensure that over-the-counter derivatives transacted by banks do not fall under the governance of the new draft prakas governing derivatives trading on Cambodia’s stock exchange. Speaking at a workshop in Phnom ...

Hor Kimsay
http://www.phnompenhpost.com/business/banks-raise-concerns-new-derivative-trading-law

Staff poaching spurs bank action

Cambodia's banking sector is looking to establish a collective fund to help recoup staff training expenses lost from competitors poaching employees off one another, Grant Knuckey, CEO of ANZ Royal said yesterday. Speaking at the launch of ANZ Royal’s business confidence index in Phnom Penh yesterday, ...

Eddie Morton and Daniel de Carteret
http://www.phnompenhpost.com/business/staff-poaching-spurs-bank-action

IBBM Launches Chartered Banker Qualifications In Cambodia

The Institute of Bankers Malaysia (IBBM) has launched the Chartered Banker qualification for the Cambodian banking industry to develop talents in the banking industry in that country. ... The launch of the Chartered Banker qualifications was officiated today by the National Bank of Cambodia Deputy General ...

Bernama News Staff
http://www.bernama.com.my/bernama/v7/bu/newsbusiness.php?id=978465

Credit Bureau Begins Operations in Cambodia

The long-awaited Cambodian Credit Bureau (CBC) launched yesterday, a move that is expected to increase the amount of information banks retain on the history of borrowers in the banking system. Despite loan disbursals in the banking sector growing by 25 percent last year, banks have so ...

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