Cambodia's credit surpasses USD 62 billion in 2025, says CBC

Cambodia's credit surpasses USD 62 billion in 2025, says CBC CBC's report reveals that Cambodia's credit balance reached 248.9 trillion riels ($62.2 billion) by 2025, with women constituting 52% of 5.13 million borrowers. Phnom Penh, Kandal, and Kampong Speu account for 61% of total loans, with Phnom Penh alone at 51%. Provinces with lower credit volumes, like Pailin and Mondulkiri, show limited financial access. The late repayment rate is 6.46%, with Svay Rieng at the lowest rate of 4.21%. Most borrowers engage with a single institution, indicating lower financial risk. Despite the total debts exceeding the GDP of $45 billion, manageable repayment rates suggest the sector's stability, though careful monitoring of credit growth is necessary to avert financial distress. (Source: Khmer Times)

Strengthening the Khmer Riel in GTF sector underlined in recent study An NBC and UNDP survey highlights that promoting the Khmer Riel (KHR) is vital for Cambodia's economic stability. Currently, a currency mismatch exists as GFT sector workers earn in USD but spend in KHR, exposing them to exchange rate risks. Although 57% of workers fear KHR fluctuations, 41.5% support riel wages, with acceptance rising alongside financial literacy. Covering over 1,000 workers, the study underscores the need for research-driven de-dollarization to protect the GFT sector, which employs 900,000 people and dominates exports. Both institutions remain committed to these efforts to ensure long-term macroeconomic resilience. (Source: Khmer Times)

Phillip Bank Links Cambodia and Singapore with seamless payment solutions New functionality enables Singapore e-wallet users to scan and pay in Cambodia, enhancing regional payment connectivity. Phillip Bank, with expertise in both Singapore and Cambodia, facilitates this initiative through KHQR acceptance, easing transactions for people and businesses between the two markets. This development, supported by a partnership with the National Bank of Cambodia, aims to establish an inclusive digital payment ecosystem, bolstering trade and tourism. A bi-directional payment corridor was completed with RoamQR, allowing Cambodian travelers to use Bakong-linked apps in Singapore. From today, Singapore-based apps can process payments in Cambodian riel via KHQR codes, promoting cashless transactions and financial integration in ASEAN. (Source: Cambodia Investment Review)