How many financial institutions are in Cambodia?

How many financial institutions are in Cambodia?

Currently there are 24 commercial banks, 6 Specialized Banks, 18 Micro-Finance Institutions and 60 Micro-Finance NGOs in Cambodia, together with some foreign banks’ branches.

How many MDI are there in Cambodia?

Cambodia now has 43 commercial banks, 14 specialised banks, 7 MDIs, 73 MFIs and 273 rural credit institutions.

How many commercial banks are there in Cambodia?

43 commercial banks
The key players in Cambodia’s banking sector are NBC, 43 commercial banks, 14 specialized banks including one state bank, 5 Representative office of foreign commercial banks, 74 microfinance institutions where 7 are eligible to collect customer deposits, and 15 financial leasing companies.

Does HSBC have a branch in Cambodia?

Phnom Penh, Cambodia, September 21 — HSBC has awarded its certificate of excellence to ACLEDA Bank Plc, a leading commercial bank in Cambodia. With partnering with HSBC Bank, N.A. ACLEDA has expanded its payment and cash management services to the customers in the local and the glob through 136 offices and branches.

What is the interest rate in Cambodia?

1.49 percent
Deposit Interest Rate in Cambodia is expected to reach 1.49 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations.

Can foreigners open bank account in Cambodia?

Opening a bank account in Cambodia All you need as a foreigner to open an account in Cambodia are the following: A passport valid for at least 6 months. A 1-Year extended visa. A nominal deposit amount (depending on the bank).

Which bank is highest interest rate?

Axis Bank offers the highest FD interest rate of 5.75% p.a. which is for a tenure of 5 years and above for the general public. For senior citizens, the interest rate is up to 6.50%. The next highest interest rate is 5.60% p.a. which is offered by Union Bank of India.