News

Loan-to-deposit ratio normalising in 2024, say bankers

A number that might be of concern in Cambodia’s banking system is its loans versus deposits. For 2023, Cambodia’s banks total loans outstanding was $57.6 billion and total deposits $47.9 billion.  ...

Rachel David
https://www.khmertimeskh.com/501505072/loan-to-deposit-ratio-normalising-in-2024-say-bankers/

NBC: Loans, deposits see double-digit 2022 growth

The Kingdom’s banking and financial institutions posted very solid business performance overall last year despite regional and global uncertainty and inflationary pressures tied to Covid-19 and the Ukraine crisis. ...

May Kunmakara
https://www.phnompenhpost.com/business/nbc-loans-deposits-see-double-digit-2022-growth

Revenues up at mail service, but not locally

Revenue at the Cambodia Post (CP), the country’s mail service provider, rose nearly $2 million in the first half of this year, a 10 per cent increase compared to the same period in 2012. But the service still handles mostly international shipments, and is failing ...

http://www.phnompenhpost.com/business/revenues-mail-service-not-locally

Rating agency says Acleda not affected by recent surge in withdrawals

Standard & Poor’s Ratings Services said Tuesday that its single-B ratings and stable outlook for Cambodia’s Acleda Bank Plc were “unaffected” by a recent surge in ATM cash withdrawals. A statement from Singapore said Sunday evening withdrawals after polls closed in national elections were about $4 ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=NjZmOWY5OTFhN2I

MFI loans, deposits continue to increase

Both outstanding loans and savings deposits in 35 microfinance institutions (MFIs) continued to grow from January through to June this year, according to the latest report from the Cambodia Microfinance Association (CMA). By the end of the first half of this year, total loans from MFIs ...

http://www.phnompenhpost.com/business/mfi-loans-deposits-continue-increase

Deposits and loans increase

Deposit and loans at major commercial banks have continued to climb over the first half of this year, industry officials say. Grant Knuckey, chief executive officer of ANZ Royal Bank, said yesterday that ANZ continues to see strong growth in trade finance led by the agricultural ...

http://www.phnompenhpost.com/business/deposits-and-loans-increase

No Change to Reserve Requirement

Cambodia has decided not to increase its reserve requirement for banks to tackle inflation, National Bank of Cambodia Director General and spokeswoman Nguon Sokha said yesterdayThe Kingdom’s reserve-requirement rate for banks stands at 12 percent, meaning 12 percent of total deposits at banks must be ...

http://www.phnompenhpost.com/index.php/2011081851125/Business/no-change-to-reserve-requirement.html

Contact us

Contact us

Do you have questions on the content published by Open Development Cambodia (ODC)? We will gladly help you.

Have you found a technical problem or issue on the Open Development Cambodia (ODC) website?

Tell us how we're doing.

Do you have resources that could help expand the Open Development Cambodia (ODC) website? We will review any map data, laws, articles, and documents that we do not yet have and see if we can implement them into our site. Please make sure the resources are in the public domain or fall under a Creative Commons license.

File was deleted
ERROR!

Disclaimer: Open Development Cambodia (ODC) will thoroughly review all submitted resources for integrity and relevancy before the resources are hosted. All hosted resources will be in the public domain, or licensed under Creative Commons. We thank you for your support.

HhwLJ
* The idea box couldn't be blank! Something's gone wrong, Please Resubmit the form! Please add the code correctly​ first.

Thank you for taking the time to get in contact!