Cambodia’s banking system remains resilient and progressive, despite having faced global crises. In 2024, credit in the banking sector increased by 3 percent, reaching 242.9 trillion riels, or approximately $59.9
Cambodia’s economic growth is expected to reach 6.2 percent, and inflation will remain at a moderate level of 2.6 percent in 2025, according to an annual report from the National
For ages, the Khmer people had exchanged products, swapping their rice, corn and beans with fish, cows, buffalo or even pieces of farmland and houses. Interestingly enough, the archaeological evidence
Seigniorage is the difference between the face value of money and the codst of produce it. For example, a 10,000 riel banknote cost the NBC 300 riels to produce, but
THE younger generation of Cambodia is now starting to have a sense of pride in their national currency, the riel. It is evident through frequent visits from students and youngsters
Chea Chanto, Governor of the National Bank of Cambodia welcomed Nguyen Huy Tang on his appointment as Ambassador of the Socialist Republic of Vietnam to Cambodia and thanked the Ambassador
The total assets rose pf commercial banks in Cambodia has risen by 18.8 percent to U$60 billion, the National Bank of Cambodia has said. The main sources of funds are
Despite facing Covid-19 last year, we saw deposits still increased. It means there are many Cambodians who had a budget they kept not to use because seemingly impacts of Covid-19,
The Asian Development Bank (ADB) has launched a project to make cross-border securities transactions in Asia and the Pacific more efficient and secure through the use of blockchain technology. According
The Asian Development Bank (ADB) has brought in the developer of the National Bank of Cambodia’s blockchain technology as part of a project to improve the efficiency and security of
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