Relationship between national bank and finance ministry
Gerald Flynn
Exclusive Q&A with Vongsey Vissoth, permanent secretary of State at the Ministry of Economy and Finance
Relationship between national bank and finance ministry
Cash is still king in Cambodia … for now
Gerald Flynn
With the rush towards so-called Industry 4.0 and the National Bank of Cambodia (NBC) casting a greater focus on the development of ecommerce and a digital economy, the Kingdom has seen a huge expansion of cashless payment services.
NBC among first central bank globally to implement blockchain tech
Sok Chan
The technology not only enhances payment systems, it could also push Cambodians to own bank accounts, thereby promoting savings and financial stability
Financial literacy in Cambodia still faces roadblocks
Jose Rodriguez T.Senase
The various initiatives launched to improve financial literacy among Cambodians have yet to show the desired results as significant challenges remain.
Will the banks ever find riel love?
Donald Lee
The National Bank of Cambodia has instituted a multi-pronged approach to incrementally push for more riel usage and ultimately be the arbiters of the Kingdom’s monetary policies.
Can a Korean financial education model help Cambodia’s financial literacy?
Donald Jae Lee
The rise of lending institutions has skyrocketed. Traditional commercial and specialised banks are seeing people line up for consumer loan products to buy cars and real estate.
Cross-border trade settlement in local currency
Sok Chan
The mechanism for cross-border trade settlement with the Cambodian riel within Asean countries and China is in place, says the National Bank of Cambodia in urging traders and investors to take advantage of it.