Cellcard Sponsor Banner
Home News BANKiNG & FiNANCE

BANKiNG & FiNANCE

LATEST NEWS

ADB’s Assistance To Cambodia Nears 2.9 Bln

The Asian Development Bank (ADB) has committed over $2.8 billion in lending, grants, and technical assistance to Cambodia since 1966, making it the country’s...

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...

Inflation In 2017 Low And ‘Manageable’

Inflation in Cambodia last year reached 2.9 percent due to a moderate increase in the price of key commodities, particularly petroleum and agricultural goods,...

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...

Boosting Financial Inclusion Through Technology

Information and communication technologies, particularly smart phones, can play a key role in boosting financial inclusion in Cambodia, according to researchers at the Fourth...

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...

Tax Payment Goes Online

Continuing efforts to boost government tax revenue and facilitate business operations in the country, the General Department of Taxation yesterday launched its electronic payment...

Bureau Helping To Extend Cambodians’ Access To Credit

Access to financing has improved in recent years due to closer cooperation between financial institutions and the Credit Bureau of Cambodia (CBC) – a...

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...

Pi Pay, ABA Strike Digital Deal

Pi Pay and ABA Bank on Wednesday signed a partnership agreement to link Pi Pay mobile wallets to ABA bank accounts, bringing a new...