News
Warning issued over digital security
The National Bank of Cambodia (NBC) on Wednesday asked the public to keep their personal information secure after a number of attempts to defraud people of their money on Telegram, Facebook, TikTok and by telephone. ...
Yatt Malai
https://kiripost.com/stories/cambodia-warning-issued-over-digital-security
NBC inks new payment connectivity pacts
National Bank of Cambodia (NBC) on Thursday created a new milestone for the country by inking deals with the central banks of the Republic of Fiji and the Solomon Islands to exchange knowledge and experience on financial innovation and inclusion as well as to share ...
Kang Sothear
https://www.khmertimeskh.com/501245618/nbc-inks-new-payment-connectivity-pacts/
Cambodia launches project to promote financial literacy at local level
The National Bank of Cambodia (NBC) and the Cambodia Microfinance Association (CMA) have jointly launched the “Safe Finance in Community” project to promote financial literacy, rights and consumer protection in communities, a press statement said on Monday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501246625/cambodia-launches-project-to-promote-financial-literacy-at-local-level/
Cambodia signs MoUs with Solomon Islands, Fiji on financial innovation, payment system
Cambodia has signed Memorandums of Understanding (MoUs) with the Solomon Islands and Fiji to extend the collaboration in the areas of financial innovation and payment system, said a joint statement on Friday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501245103/cambodia-signs-mous-with-solomon-islands-fiji-on-financial-innovation-payment-system/
Now, get your vaccination details on Bakong wallet
National Bank of Cambodia (NBC) and the Ministry of Health announced the linking of Covid-19 vaccination information of individuals to the Bakong payment system. ...
Chea Vanyuth
https://www.khmertimeskh.com/501242305/now-get-your-vaccination-details-on-bakong-wallet/
NBC receives 306 financial complaints last year
The National Bank of Cambodia (NBC) received 306 cases of complaints and enquiries from consumers of services provided by banks and financial institutions through its hotline numbers in 26 cities and provinces in 2022. ...
Kang Sothear
https://www.khmertimeskh.com/501225198/nbc-receives-306-financial-complaints-last-year/
Cambodia’s economy slated to grow 6% in 2023
Cambodia’s economy is predicted to grow by roughly six percent in 2023 despite global challenges, according to the National Bank of Cambodia (NBC). ...
Mao Sreypich
https://kiripost.com/stories/cambodias-economy-slated-to-grow-6-in-2023
Cambodia’s National Bank says banking system plays active role in continuing to support economic recovery
The National Bank of Cambodia (NBC) said the banking system has played an active role in continuing to support the economic recovery by continuing to provide appropriate financial services to meet economic needs. ...
Khmer Times Staff
https://www.khmertimeskh.com/501218507/cambodias-national-bank-says-banking-system-plays-active-role-in-continuing-to-support-economic-recovery/
Cambodia raises $10 million fund from government bond
Cambodian government has raised $10.15 million from government bond as of the third quarter of this year. ...
Khmer Times Staff
https://www.khmertimeskh.com/501202296/cambodia-raises-10-million-fund-from-government-bond/
Conference throws spotlight on key role of banks
The 9th NBC Annual Macroeconomic Conference 2022 kicked-off today, highlighting how financial institutions, particularly banks, continue to be crucial participants in funding the real economy and supporting recovery. ...
Seng Mengheng
https://kiripost.com/stories/conference-throws-spotlight-on-key-role-of-banks
Bakong digital transactions see remarkable growth
Bakong payment system infrastructure has increased remarkably and has contributed to the use of financial technology and innovations, the National Bank of Cambodia said on Monday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501188708/bakong-digital-transactions-see-remarkable-growth/
Follow NBC official exchange rate, taxpayers told
The General Department of Tax (GDT) of the Ministry of Economy and Finance has asked tax payers to follow the official exchange rate issued by National Bank of Cambodia (NBC), in a move to strengthen tax collection efficiency. ...
Khmer Times Staff
https://www.khmertimeskh.com/501177006/follow-nbc-official-exchange-rate-taxpayers-told/
Credit Bureau marks 10 years of service
The Credit Bureau of Cambodia (CBC) is celebrating a decade of providing the invaluable service of credit reporting in Cambodia, creating a financial system when giving out loans. ...
Prak Chan Thul
https://kiripost.com/stories/credit-bureau-marks-10-years-of-service
ACLEDA scoops award for aiding Cambodian SMEs
ACLEDA Bank, one of Cambodia’s largest banks, today revealed it has been crowned the “Best Bank Partner for SMEs in EAP Award” by Washington DC-based International Finance Corporation (IFC), which is a member of the World Bank Group. ...
Kiripost staff writers
https://kiripost.com/stories/acleda-scoops-award-for-aiding-cambodian-smes
Gov’t to issue bonds for second time to borrow $50M from investors
The National Bank of Cambodia (NBC) will proceed with another auction process for the Ministry of Economy and Finance (MEF) to borrow about $50 million from investors for the second time of the government’s plan of issuance for a longer period of time of repayment ...
Kang Sothear
https://www.khmertimeskh.com/501154678/govt-to-issue-bonds-for-second-time-to-borrow-50m-from-investors/
Cambodia’s SMEs battle string of challenges
The Director General of the National Bank of Cambodia, Chea Serey, said on Thursday that Cambodian SMEs face a number of challenges that range from a lack of human resources and market capitalization, to access to credit. ...
Mao Sreypich
https://kiripost.com/stories/cambodias-smes-battle-string-of-challenges
Central bank sells $130M over five September forex auctions
The National Bank of Cambodia held five currency auctions from September 2-21 and sold $130 million on the foreign exchange (forex) market, meant to stabilise the riel’s fluctuations against the greenback, shore up economic activity during the ongoing health crisis and power a faster economic ...
May Kunmakara
https://www.phnompenhpost.com/business/central-bank-sells-130m-over-five-september-forex-auctions
NBC unveils economic database
The National Bank of Cambodia (NBC) has announced the launch of an online test of the Macroeconomic Surveillance Database System (MSDS) to monitor the macroeconomic and financial situation of the Kingdom and provide meaningful data for analysis, to be implemented with the technical assistance of ...
Hin Pisei
https://www.phnompenhpost.com/business/nbc-unveils-economic-database
Ministry: SMEs vital to economy, but 95% not registered
Small and Medium Enterprises (SMEs) are key factors in the Kingdom’s industrial sector growth, but around 95 per cent of Cambodia’s SMEs have not been properly registered, the Ministry of Industry and Handicraft said on Friday. ...
Hin Pisei
https://www.phnompenhpost.com/business/ministry-smes-vital-economy-95-not-registered
Despite election uncertainty, exports achieve solid growth
Exports of garment and footwear products achieved solid growth during the first half of the year, expanding by 9.3 percent. According to the Ministry of Commerce, exports from the country’s garment industry were valued at $3.7 billion during the first six months of the year. ...
May Kunmakara
https://www.khmertimeskh.com/50517748/despite-election-uncertainty-exports-achieve-solid-growth/
