[Khmer Times] China continues to be Cambodia’s largest creditor with $4.11 billion as of 2023, followed by the Asian Development Bank (ADB) and World Bank being the second and third largest respectively. But with more debt funding from other sources coming to Cambodia, China’s outstanding debt as a share of total Cambodian debt declined year-over-year. It went down from 40 percent in 2022 to 36.7 percent in 2023 due to rising multilateral debt.

Dr. Chea Serey, Governor of the National Bank of Cambodia, received a courtesy call from Santo Darmosumarto, Ambassador Extraordinary and Plenipotentiary of the Republic of Indonesia to Cambodia, on June 26, 2024, at the National Bank of Cambodia. Serey welcomed the presence of the Ambassador of Indonesia to Cambodia and praised the good cooperation between the two countries in the past. On that occasion, Santo also praised the development of the banking system in Cambodia, especially the QR code payment system.

[The Phnom Penh Post] Credit Bureau Cambodia (CBC) has successfully collaborated with international credit bureaus, starting with the first cross-border credit report sharing initiative between Cambodia and Singapore, aimed at enhancing financial inclusion and accessibility for Cambodians living and working abroad. This milestone, achieved in partnership with Credit Bureau Singapore (CBS), marks a pivotal step forward in providing Cambodians with better access to credit in new markets, according to CBC’s 2023 annual report, "Leading the Way Towards Financial Inclusion with Innovative Credit Reporting". On March 8, 2023, CBC and CBS formalised their collaboration during an official signing ceremony at the Park Royal Collection by Marina Bay in Singapore.

[Khmer Times] Three private-sector bond issuers have been selected to receive comprehensive support for their green, social and sustainability bond issuances in 2024 under the inaugural Cambodia Sustainable Bond Accelerator (CSBA) Program. A recent press release from the Securities and Exchange Regulator of Cambodia (SERC) has confirmed the three companies selected for 2024 issuances under the CSBA program are energy firm Schneitec Dynamic Co., Ltd., along with two financiers, namely LOLC (Cambodia) Plc and Wing (Cambodia) Plc.