Poor returns from an underperforming banking sector
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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Misuse of MFI loans leaves locals in debt
Tue, 21 Mar 2017 | 09:51Mismatches between microfinance institutions’ (MFIs), business returns and debtors’ repayment capacities often occur due to the difference between the debtors’ actual practices and the plans outlined in their loan application forms.
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Q3 finance news snapshot
Tue, 27 Sep 2016 | 11:00The third quarter of this year involved some consolidation in the banking and finance sector, while there were mixed signals from economic indicators.
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ABA Bank, Cambodia’s leader in digital banking
Tue, 27 Sep 2016 | 10:42Since 2009, when ABA Bank launched its iBanking service, it has offered the market the latest digital services and solutions.
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ANZ promotes financial literacy with MoneyMinded program
Tue, 27 Sep 2016 | 10:39Individual financial wellbeing is an important foundation for strengthening financial inclusion in the community.
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Deposit protection scheme edges closer to reality
Tue, 27 Sep 2016 | 10:37Amid rumours the central bank is close to announcing a roadmap for the creation of Cambodia’s first national deposit insurance scheme, banking experts say the proposed mechanism would boost confidence in the Kingdom’s financial syst
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Why banking customers should switch to Maybank
Tue, 27 Sep 2016 | 10:35Choosing the right bank is not as hard as you might think. Sure, there are many banks in Cambodia, but when you make your choice you should pick a bank that strives to reward customer loyalty.
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Not all investments come in the form of angels
Tue, 27 Sep 2016 | 10:33Cambodia, a young and budding country poised to take all the necessary steps in becoming a business hub – especially in the small and medium-sized enterprises (SMEs) industry – is now latching on to a novel idea; angel investing.
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Accounting skills highly valued, says NBC
Tue, 27 Sep 2016 | 10:28Cambodia is continuing to place an emphasis on accounting practices as the country seeks to keep up with a rapidly developing banking system.
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Cambodia economy gallops ahead as rest of Asia lags
Tue, 27 Sep 2016 | 10:26Cambodia has been riding a wave of strong growth recently on the back of robust exports and flourishing foreign investment, and, in the process, bucking the Asian downturn. However, economists say this is no time for complacency.
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Vattanac Bank grabs two International Banker awards
Tue, 27 Sep 2016 | 10:22International Banker recently held its annual Banking Awards to acknowledge the top Asian and Australasian banking institutions and individuals.