Cambodia’s banking, financial institutions record 2.9 pct credit growth in H1

Cambodia’s banking, financial institutions record 2.9 pct credit growth in H1

Cambodia’s banking and financial institutions reported a slow credit growth in the first half of 2025, mainly due to sluggish recovery of construction and real estate, the central bank said in a report on Monday.

Outstanding loans rose 2.9 percent year-on-year to $61.8 billion by June 2025, while customers’ deposits increased 14.5 percent to $61.5 billion, the report said.

Non-Performing Loan at the banking system was at the rate of 8.3 percent by June, up from 7.4 percent at the end of 2024, the report said.

The report said current assets in the kingdom’s banking and financial system rose to 97.1 billion dollars by June, a year-on-year increase of 7.3 percent.

Governor of the central bank Chea Serey said banking and financial institutions remained resilient although credit growth has continued to slow due to low credit demand in some sectors.

“Banking system credit growth remained low at 2.9 percent due to low demand for credit, especially in real estate activities, and more cautious lending by banking and financial institutions,” she said.

Cambodia has 59 commercial banks, 89 microfinance institutions, eight specialized banks, and 112 rural credit institutions across the country, with 28.2 million deposit accounts and 4.3 million credit accounts, the report said.

The Southeast Asian country has also registered 22.9 million e-wallet accounts as of June this year, the report said. 

khmertimeskh