Customer credit at banks in Cambodia reached $37.3 billion in 2020, a 14.8 percent increase. More than 30 percent of this was allocated to the construction and property sectors, according to a recent National Bank of Cambodia (NBC) report.
Dai-ichi Life Cambodia and Vattanac Bank will further support the Cambodian government’s social development objectives by raising public awareness on the importance of long-term financial planning
Maritime Group launches a new specialised bank during a ceremony presided over by Ouk Maly, deputy governor of NBC.
The fall in China’s new bank loans was caused by seasonal factors, analysts said.
RHB Banking Group, Malaysia’s fifth-largest bank, appointed a new Chief Executive Officer to lead its business in Cambodia’s crowded financial sector.
RHB Indochina Bank Ltd plans to improve its asset quality by targeting mid-market business segments because its non-performing loans (NPLs) rose to five percent (2017: three percent).
RHB Indochina Bank Ltd’s outlook is bright as it expects loans growth to be about 20 percent for the financial year ending December 31, 2018 (FY18) compared to 15 percent last year, backed by a…
Maybank Cambodia rolls out its financial literacy campaign at five different locations.
Prince Bank has signed a contract with 5 of 18 banking technology partners from Asia and Europe – which all of those are the well-known firms in supplying bank technology system by investing over USD 10 million on top of the existing banking system.
Taiwan-headquartered Shanghai Commercial and Saving Bank (SCSB) has acquired an 80 percent stake of AMK (Angkor Mikroheranhvatho Kampuchea), one of Cambodia’s leading microfinance institutions.
Malaysian-owned Cambodian Public Bank Plc (Campu Bank) is a bastion of strength and stands tall as the building that houses the bank’s headquarters in Phnom Penh, the Kingdom’s capital city.
Maybank Cambodia is ready to roar, guided by its humanising financial services mission, for both the business community and its customers in general, thanks to a prudent management approach and a team of ambitious staff, said its chief executive officer Mohd Hanif Suadi.
Following a brazen bank robbery in Phnom Penh last week, bankers and industry insiders have raised concerns over the security situation at financial institutions across the country.
NH Nonghyup, a South Korean bank, is granted permission to take over SAMIC.
In the August 24 article “Armed bank robbery yields $100,000”, it was stated ‘video footage obtained from the bank…”
Five masked men armed with guns and body armour brazenly robbed an RHB Indochina bank branch in broad daylight in the capital yesterday morning, making off with $100,000.
Wing (Cambodia) Limited Specialised Bank once again proves to be the leader in human development on the recent 9th “Asia Best Employer Brand Awards” held in Singapore on July 31, 2018.
From a corporate bank following the acquisition of HwangDBS Bank in 2014, Phillip Bank is setting its sights on being a significant diversified financial services group in Cambodia offering commercial and retail banking, life and general insurance, and microfinance through its sister company Kredit MFI.
An easing of European banking regulation risks taking power from regulators to ensure banks can withstand crises.
Chief received its commercial license lately in 2018, which is the 40th commercial bank to be approved by the National Bank of Cambodia.
Sathapana Bank on July 1 announced the official launch of its new branch located at Aeon Mall Sen Sok City marked by an opening event and ribbon cutting ceremony.
Sathapana Bank and Wing Bank partners up to enable wide range of financial solutions.
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Five senior bank staff in Battambang province sentenced to one year in prison for stealing nearly $2 million from their employer.
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Australia’s biggest bank admits mistakes but denies it broke laundering and terrorism laws.