Posts Tagged ‘banking sector’

Mobile phone firm cooperated with ACLEDA

Tuesday, December 15, 2009 9:07 No Comments

Smart Mobile has cooperation with Cambodia’s leading commercial bank ACLEDA to offer credit top-ups at ATMs. The phone operator signed a deal with the bank in February.
Mobile service provider Smart Mobile (093/010) entered within the Cambodian telecoms market with a world-class team of telecommunications experts offering experience from across Cambodia and across the globe.
From today [...]

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Central Bank spent $6 million to stabilize riel value

Tuesday, December 15, 2009 9:04 No Comments

In a bid to stop dropping the devaluation of Cambodia’s national currency, the National Bank of Cambodia (NBC) sold US$6 million to make the value of the riel stable and wanted to retain riel value at about 4,000 riel to every dollar.
The National Bank of Cambodia is the Central Bank which is an autonomous public [...]

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National bank to lend US100 million in loan to banks

Friday, July 3, 2009 13:45 No Comments

After break-out of the global financial crisis, the national bank of Cambodia (NBC) has set up an approximately US$ 100 million loan for commercial banks to make sure that they will have cash on hand if needed. The central bank is ready to be careful with this issue, keeping a close eye on the banking [...]

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