Poor returns from an underperforming banking sector

Publication date 12 September 2017 | 16:24 | ICT

A recent report has found that the majority of Cambodia’s nearly 40 commercial banks lack the scale and efficiency required to generate a healthy return on investment for their shareholders, with many not even able to cover their own

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  • Fast-growing Cambodia attracts insurance player AIA

    Publication date 21 June 2017 | 13:54 | ICT

    With a history that dates back to nearly a century in the Asia-Pacific region, the AIA Group aims to become the world’s pre-eminent life insurance provider.

  • The central branch of ABA Bank in Phnom Penh. Photo supplied

    ABA Bank boosted on back of Dagong credit rating

    Publication date 21 June 2017 | 14:43 | ICT

    Last month, ABA Bank became the first bank in Cambodia to be rated by the Hong Kong arm of China’s Dagong Global Credit Rating Agency.

  • Risk-based deposit insurance schemes are encouraged, but not in all cases. Photo supplied

    Should riskier banks pay more for deposit insurance?

    Publication date 21 June 2017 | 15:00 | ICT

    As the government pushes forward on plans to introduce a deposit insurance scheme that would protect bank depositors from financial institution insolvency and bank runs, one of the central questions is whether or not the premium sho

  • Cambodia’s business landscape remains healthy

    Publication date 21 March 2017 | 12:29 | ICT

    The sixth ANZ Royal Business Confidence Index (BCI) research findings conducted by Kantar TNS recently released reflects the story of two markets, with the confidence of larger corporates holding steady and SMEs expressing lower con

  • Q1 banking and finance news snapshot

    Publication date 21 March 2017 | 11:49 | ICT

    It was a fairly slow start to the year for Cambodia’s finance industry, with news that credit growth was slowing. However, the Kingdom’s banking sector was still recording strong growth.

  • KDIC steps up recovery efforts on failed Cambodian deals

    Publication date 21 March 2017 | 12:30 | ICT

    The Korean Deposit Insurance Corporation (KDIC), a state-run body that is tasked with collecting assets on failed property and financial services investments, opened its first overseas branch in Phnom Penh earlier this month.

  • Continuing Cambodia’s robust banking and finance growth

    Publication date 21 March 2017 | 12:30 | ICT

    Cambodia should be proud of the proliferation of the financial services landscape.

  • Factoring cuts down payment waiting time

    Publication date 21 March 2017 | 12:34 | ICT

    Factoring is a clever alternative to bank loans that combines working capital financing, credit protection and outsourced collection services. And it could soon be available to businesses in Cambodia.

  • Morakot muscles in on Cambodia’s financial sector with attractive fintech offering

    Publication date 21 March 2017 | 12:34 | ICT

    Cambodian software firm Morakot Technology is looking to become a major financial technology (fintech) player in the Kingdom with the development of an operating system for banks and microfinance institutions (MFIs) that hopes to pr

  • Building an expanding and compliant tax base for a fiscally secure national future

    Publication date 21 March 2017 | 12:34 | ICT

    The Financial Management Law (2017) ushered in the new fiscal year with tax breaks and reductions.