How many banks are there in Cambodia?
As of July 31, 2020, there were 51 commercial banks, 14 specialized banks, 75 microfinance institutions, 7 microfinance deposit-taking institutions, 6 representative offices, and 15 leasing companies in Cambodia.
How many banks are in Cambodia 2021?
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.
How many financial institutions are there 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.
What banks are in Cambodia?
There are three types of banks in Cambodia – Specialized, Commercial and Micro Finance Institutions (MFIs).
Which bank is the most trustworthy?
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- Bank of the West.
- Citizens Bank.
- PNC Bank.
- Ally Bank.
- TD Bank.
- Wells Fargo.
What is meant by commercial bank?
The term commercial bank refers to a financial institution that accepts deposits, offers checking account services, makes various loans, and offers basic financial products like certificates of deposit (CDs) and savings accounts to individuals and small businesses.