Cambodia sees almost 6 percentage economic growth in first half of 2025
The Phnom Penh Post: Despite continued global political and economic uncertainty over the past several years, Cambodia’s economy has shown resilience, achieving nearly 6% growth in the first half of 2025, according to the National Bank of Cambodia (NBC).The “NBC’s First Half 2025 Report and Outlook for the Second Half of the Year”, released recently,...
Cambodia’s Banking, Financial Institutions Record 2.9 pct Credit Growth in H1
Khmer Times News: 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 ...
Cambodia’s international reserves surge to $25B
(Khmer Times News): Cambodia’s international reserves rose sharply in the first half of 2025, reaching $24.8 billion, marking a 10.4 percent increase from the end of December 2024, according to the National Bank of Cambodia’s (NBC) latest First Semester Report and Work Direction for the Second Semester, released on Monday....
G B Microfinance Institution Plc offers car loans to general customers for both private, family and business needs.
G B Microfinance Institution Plc offers car loans to general customers for private, family, and business needs. Please contact the institution for more information about this car loan by calling 023 977 778 and 015 777 926, or attach a preliminary application to this website below. Please note that there is no l...
MoU’s inked by Ministry of Agriculture, Forestry and Fisheries and Khmer Enterprise
Khmer Times News: The Ministry of Agriculture, Forestry and Fisheries entered into a Memorandum of Understanding (MoU) with Khmer Enterprise, an initiative of the Royal Government aimed at fostering the development of a vibrant entrepreneurial ecosystem in Cambodia on July 11, 2024.The ceremony was presided over by Agriculture Minister Dith Tina and Minister of Industry, Sc...
IRC updates insurance strategy to meet emerging global risks, bolster resilience
Khmer Times News: Insurance Regulator of Cambodia (IRC), on 3rd July 2025, kicked off a high-level national workshop to review and update the country’s strategic development plan for the insurance sector (2021-2030) to address evolving global risks and bolster resilience.Addressing the workshop at Sokha Phnom Penh Hotel, Bou Chanphirou, Director-General of the IRC, undersco...
PM urges MSMEs to gear up for LDC graduation
Khmer Times News: Prime Minister Hun Manet yesterday called on Cambodia’s micro, small and medium enterprises (MSMEs) to prepare for a new chapter in the country’s economic history, urging them to adapt, innovate and comply with international standards as the Kingdom heads toward graduating from Least Developed Country (LDC) status by 2029.In a message relea...
Annual Report 2024
G B Microfinance Institution Plc has released its annual report for 2024, the institution's fifth year of operation. The report highlights operational activities, customer service expansion, governance, human resource development, community support programs, and other achievements. ...
Cambodia’s debt profile remains ‘generally sound’, says AMRO
Khmer Times News: The debt profile of Asean + 3 nations (Japan, South Korea, and China), including that of Cambodia, remains sound but with pockets of vulnerabilities, said a study released last week by Asean+3 Macroeconomic Research Office (AMRO).While the share of government debt held by nonresidents and denominated in foreign currency (FCY) in some emergi...
Cambodian, Malaysian Travellers Can Now Make Payments Via QR Scan
Khmer Times News: After six months of launching the first phase, the National Bank of Cambodia (NBC) and the Bank Negara Malaysia (BNM) yesterday officially launched the second phase of their cross-border payment linkage, allowing travellers to make payments by scanning QR codes using the Bakong and DuitNow applications.The ‘Cross-border QR Payment...
CAMBODIA PITCHES FOR SUSTAINABLE FINANCE AT BOAO FORUM
Khmer Times News: Cambodia Thursday made a strong pitch reaffirming its commitment to sustainable finance and cross-border trade integration at the Boao Forum for Asia Annual Conference 2025 in Hainan, China.Speaking at a discussion, National Bank of Cambodia (NBC) Governor H.E. Dr.Chea Serey advocated the essential role of cross-border payment systems in facili...
National Bank Governor Calls for Greater Use of the Khmer Riel
Khmer Time News: H.E. Dr. Chea Serey, Governor of the National Bank of Cambodia, spoke at a seminar on the importance of the Riel in the national economy at the National Assembly building on March 20. H.E. Dr. Chea Serey called for greater use of the Riel to reduce Cambodia’s economic reliance on the US and promote national economic growth. This, ...
Debt Situation in Cambodia
According to a release from the Cambodia Microfinance Association: As of the end of 2024, Cambodians used loans in the banking and financial sector to the tune of nearly 60 billion US Dollars (60 billion). Meanwhile, according to the National Bank of Cambodia’s 2024 data, customer deposits in the banking and financial sector increased to 57 billion US Dollars (57 billion)...
The National Bank of Cambodia (NBC) and UnionPay International (UPI)
Refer to the NBC News: The National Bank of Cambodia (NBC) and UnionPay International (UPI) at officially launched the “Phase 2: Bakong Outward Cross-Border Payment (Bakong scans UnionPay)” between the National Bank of Cambodia’s Bakong Payment System and UPI‘s payment network UnionPay on March 10, 2025 at the National Bank of Cambodia, Sen Sok Building.The official launch was ...
Donate Blood, Save Lives
The management and staff of G B Microfinance Institution Plc volunteered to donate blood in the "Donate Blood, Save Lives" program for the National Blood Transfusion Centre of the Ministry of Health in Cambodia in order to celebrate International Women's Day, March 8. The program was organized by the National Blood Transfusion Centre in collaboration with the Association...
