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Cambodia > Finance

P2P lending marketplace launches

12/01/2020 07:54

Peer-to-peer (P2P) lending marketplace Rai Capital (Cambodia) Co Ltd on November 26 announced its official launch in the Kingdom.

Cambodia > Finance

Gov’t credit guarantee unit set for 2021

11/27/2020 11:46

The Credit Guarantee Corporation of Cambodia (CGCC) is on track to be launched in the first half of next year, Banking Association of Cambodia (ABC) president In Channy told The Post on November 26.

Cambodia > Finance

Revenue in insurance sector outstrips $200M

11/26/2020 11:45

The insurance sector in Cambodia earned $201.7 million in premiums in the first nine months of this year, climbing 8.2 per cent from the $186.3 million logged in the same time last year, the Insurance Association of Cambodia (IAC) reported.

Cambodia > Finance

Wing facilitates cash out for Bakong users

11/26/2020 11:41

Customers of Bakong’s bank partners can now transfer funds with ease through Wing’s nationwide financial system.

Cambodia > Finance

Prakas on tax debt management issued

11/24/2020 11:57

The Ministry of Economy and Finance on November 20 issued Prakas No 962 SHV BrK on Tax Debt Management.

Cambodia > Finance

NBC’s Serey: ‘Bakong not a CBDC’

11/18/2020 11:47

National Bank of Cambodia (NBC) assistant governor Chea Serey on Monday reiterated her statement that the recently-launched Bakong, an interbank blockchain-based payment system, is not a central bank digital currency (CBDC) and is wholly fiat-backed.

Cambodia > Finance

State-run SME Bank soft-launches operations

11/06/2020 07:58

The state-owned Small and Medium Enterprise Bank of Cambodia Plc (SME Bank) on Thursday soft-launched banking operations, it said in a press release.

Cambodia > Finance

MFI credit risk relatively low, NBC’s Serey says

10/28/2020 07:58

On the basis that non-performing loans stood around 2.3 per cent as of August 31, 2020, credit risk in the microfinance sector remains relatively low, said National Bank of Cambodia assistant governor and director-general Chea Serey.

Cambodia > Finance

PPCBank clients can now repay loans with True Money Wallet

10/23/2020 07:50

Phnom Penh Commercial Bank (PPCBank) – the Cambodian subsidiary of JB Financial Group’s flagship lender – signed a deal with a Thailand-based financial technology firm to provide electronic loan repayment services to customers, the South Korean banking group said on Wednesday.

Cambodia > Finance

Capital gains tax postponed until January 1, 2022

10/23/2020 07:47

The government has decided to postpone the implementation of the capital gains tax from January 1, 2021 to January 1, 2022, the Ministry of Economy and Finance’s General Department of Taxation (GDT) said on Thursday.

 

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