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Local Bank And MFI Sector Continue Their Meteoric Rise

In 2017 the local financial sector continued the strong growth that has characterised the industry in recent times, with commercial banks and microfinance institutions...

South Korean Firm Eyes Local MFI

South Korean firm NongHyup Financial Group has announced its intentions to expand its presence in Southeast Asia through a series of acquisitions, with Cambodia...
VAT, MFIs, Cambodia, GDT, Ministry of Commerce

VAT For MFIs Delayed

The government announced yesterday that it will delay the implementation of the 10% value added tax from all microfinance institutions and banks from now...
cambodia-microfinance-institutions-audit

Central Bank To Carry Out On-site MFI Audits

Cambodia’s central bank is to conduct on-site audits of microfinance institutions to check if they are complying with the interest rate cap that came...

New Interest Rate Cap Could Make Some MFIs Unsustainable

Dozens of Cambodia’s microfinance institutions (MFIs) could face bankruptcy and credit channels for the Kingdom’s poorest people could be at risk of drying up following...

MFIs Urged To Consider Moveable Assets As Loan Collateral

Moveable assets such as cars, motorbikes, agricultural machinery and crop stocks should also be considered as loan collateral by Cambodia’s microfinance institutions (MFIs), economic...

Thai Bank Looking To Cash In On Cambodian MFI Acquisition

Bank of Ayudhya, Thailand’s fifth-largest commercial lender, noted in a financial statement on Friday that it was expecting a performance boost for the rest...

Prasac MFI

PRASAC offers a range of services relating to credits, deposits, money transfer and foreign exchange. They also operate an ATM network

MFIs Will Continue To Thrive

Since Cambodia opened its doors to the banking sector, microfinance institutions (MFIs) have proliferated in Cambodia and, for them, business is still booming. The...

Cambodian MFI Sector In Goldilocks Zone

Mekong Strategic Partners, an investment, corporate advisory, and risk management firm covering the Greater Mekong Region, has issued its latest report detailing the current...
AmCham Cambodia

AmCham 2020 Annual General Meeting

The American Chamber of Commerce in Cambodia (AmCham) will host its 2020 AGM (Annual General Meeting) on Tuesday, November 24, 2020, from 5:30 –...
ABA​ Bank wins Euromoney's 'Best​ Bank​ in​ Cambodia​ 2020' award

ABA​ Bank wins Euromoney’s ‘Best​ Bank​ in​ Cambodia​ 2020’ award

ABA Bank,​ which is a​ subsidiary​ of​ National​ Bank​ of​ Canada,​ received​ the​ 'Best​ Bank​ in​ Cambodia​ 2020' award from Euromoney, regarded as a...
Wing collaborates with Morakot

Wing collaborates with Morakot to boost Cambodian fintech

Wing and Morakot have announced a partnership which will allow MFIs and banks in Cambodia to more easily collect loan repayments, using fintech solutions...
National Bank of Cambodia (NBC) headquarters

Cambodia financial semi-annual 2020 Review

A number of financial reports have been released for the Kingdom of Cambodia for the first half of 2020. We review the latest data...
AMK Cambodia

AMK and EMQ offer cross-border money transfers across SEA

AMK, a microfinance provider in Cambodia, and EMQ, a global financial settlement network, will facilitate cross-border money transfer across Southeast Asia they said this...
Banking & Finance in Cambodia

Banking & Finance in Cambodia

Here is an overview of the banking sector in Cambodia, the different types of banking institutions operating here and the various services available.
US Dollar in Cambodia

National Bank of Cambodia to end use of small Dollar notes

The National Bank of Cambodia (NBC), the central bank of the Kingdom of Cambodia, wants the country to stop using the smallest US dollar...
Cambodia and COVID-19

How are Cambodian businesses affected by COVID-19?

COVID-19 has had an adverse effect on the entire globe, and in Cambodia, key industries have also taken a financial hit. A number of...
WB Finance Merger Cambodia

WB Finance Co., Ltd. Formed After Merger

Woori Bank has merged its Cambodian businesses, WB Finance Co., Ltd. with Woori Finance (Cambodia) Plc. it was announced this week. WB Finance Co., Ltd. The...

Banking, Microfinance Sectors Maintain Strong Growth

Loan and deposit growth in the Kingdom’s crowded financial sector remained high during the first half of the year, a result of sound macroeconomic...

Bankers Agree: 2018 A Great Year For Local Financial Sector

Despite uncertainty caused by the July general elections, 2018 was an excellent year in terms of business performance for a number of key players...

Banks, Insurance Companies Must List In Stock Exchange

Securities industry insiders urged the National Bank of Cambodia (NBC) and Securities and Exchange Commission of Cambodia (SECC) to push for more banks and...

NBC injects 238 bln riel into local banks through LPCO

The National Bank of Cambodia has disbursed more than 238 billion riel, about $58.5 million, in the first half of the year through its...

Loans and deposits see ‘solid’ growth: Central bank

In the first half 2018, the local financial sector continued the strong growth that has characterised the industry in recent times, with commercial banks...

NBC Warns Against Online Borrowing

The National Bank of Cambodia (NBC) yesterday called for citizens to exercise caution when dealing with online and mobile lending companies, as many of...

Swiss Banking Giant Asked To Invest In Country

Prime Minister Hun Sen called on Credit Suisse, a leading financial services provider headquartered in Zurich, to set up shop in Cambodia and take...

New Inter-bank Transfer System Launches

The National Bank of Cambodia (NBC) last week held the soft-launch for its new inter-bank transfer system that will allow customers to transfer money...

Riel Loans Increase As Interest Rates Drop

An uptick in circulation of Cambodian riel, along with an interest rate cap imposed by the central bank in April on microfinance loans, has...
Cambodian Agro-Industry Federation

Agricultural Sector Welcomes New $15m Fund

A new partnership between the US Agency for International Development Credit Authority (DCA) and three local microfinance institutions (MFIs) will see the creation of a...
solar power cambodia rural

Solar Power Lights Up Cambodia’s Villages

Solar home systems are an appropriate solution to provide affordable, reliable and clean electricity in rural Cambodia, and the Green Microfinance Programme assists villagers...
cambodian elections 2018 impact financial sector

Small Ripples In Banking Predicted From Election

The upcoming general election next July could have a ripple effect on the country’s financial sector, though not big, according to research firm Mekong...
cambodia consumer credit drops

Consumer Credit Falls By 15% In Q2

Applications for consumer credit in the country dropped by 15 percent in the second quarter of the year compared to a big jump of...
cambodia islamic finance

Islamic Finance To Debut Soon In Cambodia

Islamic finance, which upholds Sharia principals and is in line with the ethical values of Islam, will make its debut soon in Cambodia. According to...
Cambodia, ADB, exports, imports, growth,

ADB: Cambodia’s Prospects Are Robust

Economic growth in Cambodia along with its other Asean neighbours is expected to accelerate further with the kingdom’s current account deficit narrowing, according to...

Cambodia’s Finance Sector Wants No VAT

Banking and financial industry figures have called on the government to abolish the 10 percent value added tax on the sector, thinking it will...

NBC Strives For Financial Inclusion Through Technology

The role of technology in promoting financial inclusion will be the theme of the National Bank of Cambodia’s (NBC) Fourth Annual Macroeconomic Conference in...

The Business Of Banking In Cambodia

If you are serious about your company in Cambodia, then you are ready to open a business bank account here to manage your finances....

Sathapana Joins List Of Private Banks To Undergo Rebranding

Sathapana Bank Plc became the fourth major financial institution to announce a change to their company logo following last week’s directive from the Ministry...

Investment Insight: Listing on the Cambodia Stock Exchange

The Cambodia Stock Exchange (CSX) is one of the youngest and smallest stock exchanges in the world and is the national stock exchange of Cambodia. Who has listed...

According To Survey, Cambodia Still Largely Unbanked

Only 17 percent of the Kingdom's population is banked, according to the findings of the FinScope Consumer Survey. The study also concluded that poor...

Cambodians Struggling To Pay Back Microloans

The microfinance industry could be headed for trouble, according to industry insiders, as the ratio of delinquent loans appears to have double since January. Speaking...

The Credit Bureau of Cambodia, Pascal Ly And In Channy Talk

An accurate and reliable source of credit data is tantamount to the financial stability and development of any country. When investors have access to...

Datec Cambodia

Experienced systems integrators serving clients including banks, MFIs, mobile operators, NGOs and factories. Certified engineers provide design, implementation and service level driven support services

Cambodia Microfinance Association

The Cambodian Microfinance Association is a professional association that ensures the prosperity and sustainability of MFIs in Cambodia.

Rural Development Bank

RDB services loans to licensed institutions, commercial and specialised banks, MFIs, associations, development communities, and SMEs.

Phillip Bank

Phillip Bank Plc was established in Cambodia in 2009 under Hwang DBS and in 2014, Phillip Capital Group bought it over and renamed it...

NBC Increases Minimum Registered Capital Requirements

The National Bank of Cambodia (the “NBC”) issued prakas (regulation) B7-016-117 (the “Prakas”) on 22 March 2016, setting out new minimum registered capital requirements...

Securing Funding For Your SME In Cambodia

There are currently 47 banking institutions in Cambodia and over 40 microfinance institutions (MFIs). Yet, despite the considerable number of institutions licenced to make...

Financing The Cambodian Economy

An increase in access to finance and the introduction of finance companies has helped Cambodia’s economy grow, experts claim. In the last year, the Kingdom...
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