NBC intends to use the new KHQR system to facilitate cross-border payments within the region in future.
July 13, 2022Banks and financial institutions will have until the end of this year to improve their systems and policies to ensure compliance with the code.
March 9, 2022This is the third green bond fund launched by the BIS. It will help channel central bank reserves to green projects in the Asia and Pacific region.
February 28, 2022As relief measures end this month, Cambodian lenders will have to set aside appropriate provisions for nonperforming loans.
February 8, 2022The National Bank of Cambodia and Bank of the Lao PDR will cooperate on payment innovation and cross-border connectivity, among other areas.
December 23, 2021To help explore the feasibility of a CBDC, the Bank of the Lao PDR has enlisted Japanese fintech Soramitsu, which also help developed Bakong in Cambodia.
October 12, 2021The industry has welcomed the MLF as a measure that will allow FIs to support their operations, protect the financial sector, and continue lending.
October 4, 2021Maybank customers in Malaysia can use the bank’s e-wallet to transfer funds to recipients in Cambodia with Bakong e-wallets.
August 13, 2021Cambodia launched its Bakong digital currency in October 2020. In the first half of 2021, 1.4 million transactions worth $500mn were recorded.
August 10, 2021The NBC has committed to maintaining the RRR at 7 percent "until further notice" and removed a three-time limit on debt restructuring.
June 2, 2021