Credit serves as an important source of fund for consumers and enterprises

National Bank of Cambodia: Credit serves as an important source of fund for consumers and enterprises, enabling them to expand their businesses and plays a vital role in supporting economic activities, create jobs, and enhance productivity.

 

As of October 2024, the total credit provided by banking and financial institutions to the economic sector amounted to 247,631 billion riels (equivalent to 60.9 billion USD), reflecting a 2.2% increase compared to the previous year. This growth was primarily driven by the increase in lending to key sectors, including wholesale and retail trade, construction, real estate, manufacturing, and others.