Cambodia’s banks report 20.7 pct lending growth in H1

Loan demands from the banks in Cambodia rose by 20.7 percent to 26.7 billion U.S. dollars during the first half of 2020, said a central bank’s biannual report on Thursday.

The Southeast Asian nation has 51 commercial banks and 14 specialized banks, with 1,112 branches and 2,516 ATMs (Automated Teller Machines) nationwide, said the National Bank of Cambodia (NBC)’s report.

It said 26.1 percent of the loan went to retail and wholesale trade, 28.8 percent to real estate, construction and mortgage, 8.8 percent to personal loans, 7.5 percent to agriculture, forestry and fisheries, and 28.8 percent to other sectors.

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