Loan Portfolios and Deposits of Cambodia Banks Reaches US$31 Billion

Loan portfolios and deposits of banks in Cambodia have been valued at US$31 billion by July 2018, according to the National Bank of Cambodia (NBC).

The national bank's Governor H.E. Chea Chanto shared the figure when chairing the opening of Chief Bank, a Hong Kong-based commercial bank, recently here in Phnom Penh.

Around US$19 billion of the mentioned amount derives from deposits and is strengthening inter-financial transactions in Cambodia.

Positive trend of Cambodia's banking system, underlined H.E. Chea Chanto, has continued to build confidence among foreign investors to operate banking services in the country.

Cambodia has now 39 commercial banks � 12 foreign, 12 local and 15 subsidiary banks � and 15 specialised banks including one state bank.

Source: Agency Kampuchea Press