Acleda Bank Raises $14M Through Bonds – Growth or Concern?
What’s Happening? Acleda Bank, one of Cambodia’s largest and most trusted financial institutions, has raised an additional $14 million through the issuance of subordinated bonds. This move follows previous bond sales, further strengthening the bank’s financial position. But what does this mean for Acleda and its customers? Is this a sign of trouble, or simply […]
Banking sector in 2024 and beyond
A slowing economy: tips to survive
As of today, March 2024, everyone can feel the economy slowing down, especially for those of us who were here before Covid. Back then, nothing seem to stop the fast growing path the Kingdom was on. Cambodia was thriving at a pace never seen before, and was catching everyone’s attention. Many businesses lured the Kingdom […]
The High Stakes: Understanding the Banking Sector’s Challenges in Cambodia
Cambodia’s banking sector is navigating through a maze of complex hurdles, requiring deft financial acumen to overcome. As the country’s economy becomes increasingly interconnected with global markets, local banks face challenges that echo far beyond their borders. In the Kingdom of Wonder, where ancient treasures meet the modern, the financial landscape reflects a burgeoning nation […]
Cambodian Banks Increasing Savings Account Interest Rates – What Investors Should Know
In recent years, Cambodia has experienced a marked increase in foreign investment and economic growth. In response to this growth, Cambodian banks are raising their interest rates on savings accounts, with some banks going as high as 9%. This development has piqued the interest of investors worldwide, and rightly so. At a time when interest […]