Home Cambodia Finance

Central bank to replace old, torn riel banknotes

Sep 27th at 08:45
27-09-2016 08:45:25+07:00

Central bank to replace old, torn riel banknotes

The National Bank of Cambodia (NBC) launched its “Loving Riel Banknotes” campaign yesterday, in which it will allow people to exchange their old or torn riel banknotes for crisp new notes of the same value at NBC branches nationwide.

The five-day campaign coincides with the run-up to the Pchum Ben festival, when demand for new banknotes is highest.

phnompenh post

MOST READ

NEWS SAME CATEGORY

Thai life insurer to enter local market
FINANCE Sep 26th at 08:20

Thai life insurer to enter local market

Bangkok Life Assurance expects to offer life insurance policies in Cambodia by the beginning of next year, according to Thai news outlets, adding to the list of...

Minimum tax poised to fall
FINANCE Sep 23rd at 08:28

Minimum tax poised to fall

Tax professionals have hailed the government’s declared intention to scrap one of the most controversial elements of Cambodia’s tax system, eliminating the 1...

Grey areas continue to vex maturing taxation regime
FINANCE Sep 22nd at 08:26

Grey areas continue to vex maturing taxation regime

As the government’s inefficient estimated tax regime fades away and the more stringent real tax regime deepens, government officials, private sector companies and...

GSP exemption pitched
FINANCE Sep 21st at 08:30

GSP exemption pitched

A roadshow to Hong Kong this week to pitch Cambodia’s newly received duty-free access on travel goods to the US market was successful, but manufacturers have yet to...

Terms announced on rice lending package
FINANCE Sep 20th at 21:18

Terms announced on rice lending package

The government-owned bank charged with issuing $27 million in emergency loans to rice millers as part of an initiative aimed at propping up the struggling rice...

Banking with a positive spin
FINANCE Sep 20th at 21:17

Banking with a positive spin

A banking sector initiative launched yesterday aims to advise Cambodia’s financial sector on best practices for sustainable lending while capitalising on the...

Thai bank’s buyout of local MFI finalised
FINANCE Sep 14th at 07:58

Thai bank’s buyout of local MFI finalised

Thailand's Bank of Ayudhya has officially reached an agreement to acquire the full shareholding of Cambodian microlender Hattha Kaksekar Ltd (HKL), a banking...

Thai bank’s $140M offer to buy Cambodian MFI on hold
FINANCE Sep 9th at 09:28

Thai bank’s $140M offer to buy Cambodian MFI on hold

Eight months since announcing the biggest acquisition deal in the history of Cambodia’s financial sector, Thailand-based Bank of Ayudhya, also known as Krungsri...

Lenders come out of the dark
FINANCE Sep 8th at 09:03

Lenders come out of the dark

More than a year into a government-backed campaign to clamp down on unlicensed lenders, nearly 130 small lenders operating under the radar have come into the fold...

Bank of China to expand operations in Cambodia
FINANCE Sep 7th at 10:09

Bank of China to expand operations in Cambodia

Bank of China, one of the five biggest state-owned commercial banks in China, will expand its operations in Cambodia by opening new branches in Siem Reap and...

Read More

MOST READ

Back To Top