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Cambodia’s stock exchange welcomed a new listing to its bourse in the second quarter, with Sihanoukville Autonomous Port becoming the fifth listed firm

Blockchain-based technology can be used for reducing costs associated with interbank lending, in addition to facilitating digital assets and cryptocurrencies. Photo supplied
Wed, 21 June 2017

Cambodia’s central bank mulls blockchain technology implementation

The National Bank of Cambodia (NBC) hopes to launch the testing phase of a closed loop blockchain-based technology by the fourth quarter of this year, a technology that if proven successful would greatly enhance the central bank’s a

Tuk-tuks advertising life insurer Manulife drive in a line on Diamond Island in Phnom Penh in 2013.
Wed, 21 June 2017

A nation now exposed to a variety of insurance options

When Long Piseth took out a $40,000 home loan from a bank earlier this year, he discovered the tougher side of life. Every month, he needs to allocate 60 percent of his and his wife’s combined income to repay the loan.

Wed, 21 June 2017

Fast-growing Cambodia attracts insurance player AIA

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
Wed, 21 June 2017

ABA Bank boosted on back of Dagong credit rating

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
Wed, 21 June 2017

Should riskier banks pay more for deposit insurance?

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

Tue, 21 March 2017

Cambodia’s business landscape remains healthy

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

Tue, 21 March 2017

Q1 banking and finance news snapshot

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.

Tue, 21 March 2017

KDIC steps up recovery efforts on failed Cambodian deals

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.

Tue, 21 March 2017

Continuing Cambodia’s robust banking and finance growth

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