NBC asks commercial banks to send it the smallest US dollar banknotes.
Central Bank reiterates the need to solving consumers’ issues with a soft approach.
NBC requests financial institutions to reduce credit-related fees.
Commercial banking and finances have strong capital and liquidity: NBC.
The ongoing drive to encourage an increase in riel usage received a big boost last year through the NBC’s implementation of a compulsory 10 percent riels loan portfolio for lenders.
The National Bank of Cambodia (NBC) today has decided to reduce the interest rate of reserve requirement to seven percent for both local and foreign currencies.
NBC has stated that there has been a remarkable increase in the use of Riel, the national currency, with a 33 percent growth recorded in monetary circulation and a 37 percent growth in deposits.
The National Authority for Combating Drugs yesterday signed a MoU with National Bank of Cambodia to exchange information on money laundering and financing of terrorism.
Banks in the Kingdom are slowly making their way to including more riel loans in their portfolios by the end of this year.
RHB Indochina Bank Ltd is optimistic about achieving the 10 percent riel loan denomination by the end of the year as the bank rolls out campaigns in order to encourage more people to apply for loans in the local currency including making riel deposits
ប្រព័ន្ធធនាគារ និងប្រាក់រៀល កំពុងទទួលបានការជឿទុកចិត្តពីប្រជាពលរដ្ឋ។
សម្រាប់សេដ្ឋកិច្ចដែលកំពុងលូតលាស់ដូចជាកម្ពុជា ការកំណត់កំណើនសេដ្ឋកិច្ចប្រកបដោយនិរន្តរភាពពីមួយឆ្នាំទៅមួយឆ្នាំ មានសារៈសំខាន់ណាស់ដើម្បីបង្កើនជំនឿទុកចិត្តដល់ប្រជាជនកម្ពុជា។
Sathapana Bank is pleased to announce the capital increase of USD30 Million
Three weeks after Cambodia was included in a major list of nations vulnerable to money laundering, the National Bank of Cambodia (NBC) yesterday launched its strategy to combat financial crimes.
The Central Bank says the Yuan is only being promoted in cross-border dealings.
NBC, broadcaster of this year’s Super Bowl, will show any players who kneel during the pre-game national anthem to protest racial inequality.
The National Bank of Cambodia revokes the licenses of 11 microfinance institutions for failing to abide by the law and the regulations.
warns against the use of cryptocurrencies.
A troublesome start for Tiger Woods as he struggled to a three-over par 75 in the third round of the Hero World Challenge.
Access to financing improves with ties between institutions and the Credit Bureau of Cambodia.
Cambodia’s national bank works with Thailand and Vietnam to use riel in cross-border trade.
The National Bank of Cambodia and the People’s Bank of China urge investors and traders to use the yuan and the riel in transactions involving both nations.
Cambodia’s Central Bank to launch a trading system that allows all financial institutions to make transactions online.