News
Financial firm consolidation will boost industry resilience, says NBC governor
Witnessing the merger between PRASAC Minority Depository Institution (MDI) and Kookmin Bank Cambodia, the Governor of the National Bank of Cambodia (NBC) Chea Serey expressed hope to see more consolation happening in the industry to boost its resilience and efficiency. ...
Nhean Chamrong
https://www.khmertimeskh.com/501446574/financial-firm-consolidation-will-boost-industry-resilience-says-nbc-governor/
KB Kookmin Bank launches integrated bank in Cambodia
South Korea’s KB Kookmin Bank on Sunday said it received final approval on Friday from Cambodia’s Ministry of Commerce to launch the integrated commercial bank KB Prasac Bank. ...
Khmer Times Staff
https://www.khmertimeskh.com/501338603/kb-kookmin-bank-launches-integrated-bank-in-cambodia/
Proposed changes to reserve requirement meets controversy
A proposed increase in the reserve requirement would decrease lending and slow Cambodia’s economic growth, according to some bankers and experts. The National Bank of Cambodia is set to hold a meeting later this month discussing a possible raise of the reserve requirement from 12 ...