In this exclusive interview, Director General of Central Banking Her Excellency Chea Serey highlights the challenges faced by the National Bank of Cambodia and efforts to overcome them.
Cambodia’s fast and continuous economic growth needs to be known by its people, by investors, entrepreneurs, financial institutions and by those who play crucial roles in driving the economic force up and forward. Thus, the birth of Capital Cambodia.
Business publishers should refrain from joining other media reports to echo news that could potentially harm business confidence or create panic among fund suppliers, credit suppliers and borrowers, said Chea Serey, Director-General of Central Banking at the National Bank of Cambodia.
The Central Bank says the Yuan is only being promoted in cross-border dealings.
A new QR code-based payment system, which is being developed in cooperation with Thailand, will launch next year, representatives of the central bank announced last week.
The government on Friday highlighted the need for greater access to data to further the country’s development, urging the private sector to participate in public surveys.
In a move to support the development of innovative financial technologies and connect businesses in the industry, the Cambodia Fintech Association (CFA) launched Wednesday in a ceremony that was attended by main industry players as well as regulators.
National Bank disburses over$58.5 million, in liquidity-providing collateralised operation.
Cambodia and Thailand are working on a new electronic payment system based in QR codes that will allow citizens of one country to shop in the other using their own currency.
The Chartered Financial Analyst (CFA) Community, an association that connects all CFA members in Cambodia, was officially launched on Friday.
The National Bank of Cambodia is working with the General Commissariat of National Police to stop the operations of unofficial lending operators that engage in unethical practices.
The National Bank confirms it is making no changes to requirements of loans in riel.
Cambodia’s Central Bank to launch a trading system that allows all financial institutions to make transactions online.
Cambodia’s first draft national strategy promoting the riel to be finalised and sent to the Ministry of Economy and Finance.
Cambodia’s garment exports grew slower than expected by about 4 percent compared with 9 percent in the same period last year.