BANKiNG & FiNANCE
LATEST NEWS
World Bank Bullish On Cambodian Economy
The World Bank increased its financial outlook for the Kingdom of Cambodia in May 2023 under its Cambodia Economic Update and raised its growth...
Phillip Bank & Mora BNPL Sign MoU To Promote “Buy Now,...
Phillip Bank and Mora BNPL have announced a strategic partnership agreement to launch financial products and services through the latter's digital platform called “Buy...
Phillip Bank Forms Strategic Partnership with Sarita Waterside
Phillip Bank, and its associate company Phillip Trustee (Cambodia), have announced a strategic partnership with Sarita Waterside to attract more investments, particularly from Singapore,...
MB Group and SBI Shinsei Bank Signed Agreement Become Shareholders of...
MB Group agreed to share equity investment of its subsidiary, MB Bank (Cambodia) Plc or MBCambodia, a newly launched commercial bank in Cambodia, to...
Cambodian Higher Educational Institutions Receive Tax Relief Until 2029
The Cambodian government has announced that tax reliefs for higher educational institutions will be extended for five years until the end of 2028.
The news...
NBC Continues To Explore International Cross-Payments
The National Bank of Cambodia continues to explore and sign agreements with international banks to explore digital payment and remittance options as well as...
Credit Bureau Singapore & Credit Bureau Cambodia Launch First Cross-border Initiative...
Credit Bureau (Cambodia) Co., Ltd. (CBC) has joined forces with Credit Bureau (Singapore) Pte Ltd (CBS), a subsidiary of Credit Bureau Asia Limited (CBA)...
How Will Cambodia Benefit From FATF Grey List Removal
With the news last week that Cambodia had been removed from the Financial Action Task Force (FATF) grey list, there has been a lot...
MBCambodia Holds Grand Opening Event To Celebrate Launch As Commercial Bank
MB Bank (Cambodia) Plc. (MBCambodia) hosted a grand opening event on 27th February 2023 to celebrate the official launch of its services as a...
Bakong Users Continue To Grow – Now More Than 8.5 Million
The NBC Bakong app has seen a meteoric rise in users, especially since the tail-end of 2021. More than 8.5 million users have now...
How Will Proposed CIPS Membership Help Cambodian Businesses?
One of the big financial news items this past week was the announcement that Cambodia had applied for membership in the Cross-Border Interbank Payment...
MBCambodia Receives License To Upgrade From Branch To Commercial Bank
On 2nd January 2023, MBCambodia was granted a license from the National Bank of Cambodia (NBC) and the Ministry of Commercial (MOC) to upgrade...
