Government must crack down on developers who provide housing loans to customers without assessing their ability to repay.
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.
The governor of the National Bank urges its new Prey Veng branch to keep to the law and implement regulations.
Sathapana Bank unveils its new logo following government orders in February not to confuse the public.
Khmer Times’ Sok Chan sits down with Chhor Sophanak, managing director of Idealink Consulting, and discusses the latest technology to help companies adapt to regional standards in the sector and comply with national legislation, as well as fight against money laundering, cybercrime and terrorism financing.
More than 100 participants takes part in the Financial Industry Competency Building and Knowledge Sharing workshop.
A $3-million initiative aims to improve access to water and sanitation in rural Cambodia.
Government announces it will delay the implementation of the 10% value added tax from all microfinance institutions and banks.