Cambodia
An Overview of the
An
Banking Sector of Cambodia
Charles Vann
Executive Vice President
Canadia Bank Plc.
Content
Content
Introduction
Introduction
Economy of the World
Economy
Economy of Cambodia
Economy
Banking Sector of Cambodia
Banking
SWOT Analysis
SWOT
Recommendation
Recommendation
Conclusion
Conclusion
Introduction
Introduction
Cambodia is situated on the southwestern part of the
Cambodia
Indochina peninsula.
It shares a 2,615km border with:
It
Vietnam: 1,270 km
Vietnam:
Thailand: 805 km
Thailand:
Laos: 540 km
Laos:
Cambodia began to return to a period of peace in 1993.
Cambodia
It became a member of ASEAN in 1999 & WTO in 2004.
It
Population (2008e): 15 million.
Population
Economy of the World
Economy
Economy issues in the first semester of 2008: Mortgage
Economy
Loan Crisis, Depreciation of USD, Petroleum Price,
Inflation etc.
GDP increase in 2008 (forecasted):
GDP
USA: 1.3%
USA:
E.U: 1.7%
E.U:
Japan: 1.5%
Japan:
China: 9.8%
China:
India: 8%
India:
ASEANs: 5.7%
ASEANs
Economy of Cambodia
Economy
GDP growth: 10% (2004), 13.4% (2005), 10.8% (2006),
GDP
10.1% (2007) & 7.2% (2008 forecast)
7.2%
From 2005 to 2007, the economy grew by average of
From
11.3% per year.
GDP per capita: USD 597 (2007)
GDP
Inflation: 4.4% (2006) to 7.1% (2007)
Inflation
International Reserves: USD 2.2 billion (June 2008)
International
Foreign Exchange: Stable
Foreign
Engines of growth: Garments, Tourism, Construction
Engines
& Agriculture
Banking Sector of Cambodia (1)
Banking
Banks are very liquid (loans to deposits ratio is about 65%)
Banks
Bank resources are mainly short-term: almost all deposits
Bank
and loans are short-term, less than 1 year and in USD
Public confidence in the banking system is recovering
Public
The total assets grew from US$1.4 billion in 2005 to US$3.5
The
billion in 2007.
In 2007, Loans and Deposit increased 75% and 77%,
In
respectively.
Banking
An
Banking Sector of Cambodia
Charles Vann
Executive Vice President
Canadia Bank Plc.
Content
Content
Introduction
Introduction
Economy of the World
Economy
Economy of Cambodia
Economy
Banking Sector of Cambodia
Banking
SWOT Analysis
SWOT
Recommendation
Recommendation
Conclusion
Conclusion
Introduction
Introduction
Cambodia is situated on the southwestern part of the
Cambodia
Indochina peninsula.
It shares a 2,615km border with:
It
Vietnam: 1,270 km
Vietnam:
Thailand: 805 km
Thailand:
Laos: 540 km
Laos:
Cambodia began to return to a period of peace in 1993.
Cambodia
It became a member of ASEAN in 1999 & WTO in 2004.
It
Population (2008e): 15 million.
Population
Economy of the World
Economy
Economy issues in the first semester of 2008: Mortgage
Economy
Loan Crisis, Depreciation of USD, Petroleum Price,
Inflation etc.
GDP increase in 2008 (forecasted):
GDP
USA: 1.3%
USA:
E.U: 1.7%
E.U:
Japan: 1.5%
Japan:
China: 9.8%
China:
India: 8%
India:
ASEANs: 5.7%
ASEANs
Economy of Cambodia
Economy
GDP growth: 10% (2004), 13.4% (2005), 10.8% (2006),
GDP
10.1% (2007) & 7.2% (2008 forecast)
7.2%
From 2005 to 2007, the economy grew by average of
From
11.3% per year.
GDP per capita: USD 597 (2007)
GDP
Inflation: 4.4% (2006) to 7.1% (2007)
Inflation
International Reserves: USD 2.2 billion (June 2008)
International
Foreign Exchange: Stable
Foreign
Engines of growth: Garments, Tourism, Construction
Engines
& Agriculture
Banking Sector of Cambodia (1)
Banking
Banks are very liquid (loans to deposits ratio is about 65%)
Banks
Bank resources are mainly short-term: almost all deposits
Bank
and loans are short-term, less than 1 year and in USD
Public confidence in the banking system is recovering
Public
The total assets grew from US$1.4 billion in 2005 to US$3.5
The
billion in 2007.
In 2007, Loans and Deposit increased 75% and 77%,
In
respectively.
Banking