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
In the five years since Manulife set up an office in the Kingdom of Cambodia, the local business for this international life insurance company has
Cambodia is changing from a quiet, tranquil country to a lively, tech-savvy nation. Walk down the streets of Phnom Penh and you’ll pass a host of
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.
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.
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
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
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.
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.
Cambodia should be proud of the proliferation of the financial services landscape.
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.
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
The Financial Management Law (2017) ushered in the new fiscal year with tax breaks and reductions.