The Central Bank says the Yuan is only being promoted in cross-border dealings.
The country’s Consumer Price Index stood at 2.34 last year and rose to 2.98 this year.
Securities industry insiders urged the National Bank of Cambodia (NBC) and Securities and Exchange Commission of Cambodia (SECC) to push for more banks and microfinance institutions (MFIs) and insurance companies to list in the local stock exchange.
National Bank urges the public to be wary of loans via the mobile network system.
National Bank presents a service of tips on the management of personal finances.
Financial institutions may employ armed guards at their premises.
National Bank rejects 2 license applications and revokes 24 of microfinance institutions.
Loan providers are asked to ease the burden on farmers affected by recent floods.
The National Bank of Cambodia (NBC) and the Ministry of Economy and Finance (MEF) released a joint statement asking banks and microfinance institutions to find ways to help farmers in the flooded areas of the Kingdom.
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.
Phnom Penh: According to the 2017 Annual Report of National Bank of Cambodia (NBC), the NBC had purchased a total of USD963.3 million from commercial banks, representing a growth of 17.3% from the previous year.
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 says the country’s real economic growth will average 7% this year.
The National Bank and the Bank of Korea sign a joint-research agreement for the development of the economic and financial system in Cambodia.
The National Bank of Cambodia revokes the licenses of 11 rural credit institutions.
Officers of the Central Bank agree there is a need to de-dollarise the economy.
Time for collateral to be returned to borrowers is to be reduced after paying off loans.
The National Bank of Cambodia rescinded the licences to deal in precious metals.
Inflation in Cambodia last year reached 2.9 percent due to a moderate increase in the price of key commodities.
The National Bank of Cambodia will open a museum on finance and monetary matters.
Access to financing improves with ties between institutions and the Credit Bureau of Cambodia.
The National Bank of Cambodia holds the soft-launch for its new inter-bank transfer system that will allow customers to transfer money between participating financial institutions.
The first international-standard construction materials market which has famous brand products from around the world, is officially launched.
The National Bank confirms it is making no changes to requirements of loans in riel.
Financial literacy as a subject to increase knowledge about money will be introduced nationwide in the first phase of the Cambodian School Curriculum Project.
Cambodia’s Central Bank to launch a trading system that allows all financial institutions to make transactions online.
The head office of the National Bank of Cambodia will be temporarily moved to renovate the NBC’s current premises.
Cambodia’s Central Bank and the Central Bank of China are to launch a yuan-riel exchange rate to facilitate interbank transactions.
The animated lessons range from saving plans to positive spending habits.