In an interview with The Post, Phillip Bank’s General Manager Han Peng Kwang spoke about the bank’s stellar performance this year and its nationwide expansion plans.
The financial health of any economy can be gauged by the way it manages its credit risks and how it assesses corporate, government and individual ability to meet principal and interest payments on their debts.
Cambodia’s corporate sector can look forward to robust earnings, strong growth and an active economy.
Prudential Cambodia, the country’s leading life insurer, recently achieved a major milestone by becoming the first life insurer to issue 200,000 policies in the Kingdom.
Learning to make financially responsible decisions from a young age helped Andy Lay, Group president and CEO of City Rice Import Co., LTD, to be a better businessperson.
Prince Bank Plc unveiled its plan to promote financial literacy with its campaign called “Me and My Money”, a series of educational video clips to promote the concept of “earn, save, spend, and lend,” among Cambodian people.
Three years ago Cambodia embarked on a noble approach to inculcate good money habits among children by introducing the Cashville Kidz cartoon programme.
Apart from his culinary skills, chef Luu Meng says an important ingredient in his successful business is having acquired knowledge in financial literacy.
Cambodia’s financial sector development accelerated significantly in the past two decades from an asset size of 3,212 billion riels ($809 million) in 2001 to 166,352 billion riels ($41,402 million) in 2018.
In conjunction with the Financial Literacy Event, H.E Rath Sovannorak, Assistant Governor and Director General of Banking Supervision of the National Bank of Cambodia (NBC) told The Post the central bank’s plans to create a financia