PHNOM PENH, Jan 27 (Reuters) – Cambodia’s central bank said on Tuesday it would cut bank reserve requirements next month to 12 percent from 16 percent to try to stimulate more lending in the face of easing inflation and economic growth. The bank was also lifting its restrictions on real estate lending as the sector [...]
Posts Tagged ‘Bank’
Cambodia cuts bank reserve requirements
January 27th, 2009 
Cambodian News 
Posted in Business 
Tags: Bank, Cambodian banks, Commercial bank, National Bank of Cambodia 
No Comments »Cambodia’s small and medium enterprises struggle to secure funding
January 27th, 2009 Cambodian News Expanding or modernising a small enterprise is made at a cost that few Cambodian entrepreneurs can afford, often deprived from any access to the funds that would allow them to launch various projects. Small and Medium Enterprises (SME) annually provide nearly a third of Cambodia’s gross domestic product but are still seen as the poor [...]
Cambodian Central Bank to cut reserve requirement
January 26th, 2009 Cambodian News The National Bank of Cambodia will cut the bank reserve requirement from 16 per cent to 12 per cent and eliminate restrictions on real estate lending effective on Feb. 1, national media said on Monday. This constituted a reversal of the bank´s monetary tightening measures brought in last year to cut inflation and rein in [...]
Globex Interbank, the World-leading Forex Clearing Corporation, Representative Comments on Efforts of the Fed, World Bank and International Monetary Fund (IMF)
January 21st, 2009 Cambodian News Globex Interbank, the world-leading Forex Clearing Corp, was interviewed recently regarding a few major topics in the World Financial Market. Globex Interbank Rep. spoke about the Federal Reserve’s decision to open new reciprocal currency arrangements with Australia and Scandinavia. www.globexinterbank.com London, England (PRWEB) January 21, 2009 — A representative of Globex Interbank, the world-leading Forex [...]