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ABA, Acleda, Canadia dominate Cambodia s banking market

The Advanced Bank of Asia Limited (ABA), Acleda Bank Plc and Canadia Bank Plc dominated the banking market in Cambodia with their largest shares of total assets, market share, profits, deposits and loans last year, according to the latest banking supervision report for 2022 issued by National Bank of Cambodia (NBC).

Cambodia s Finance Ministry, ABA Bank Partner on Fintech and Digital Economy Development

The MoU with ABA Bank aims to promote cooperation to foster the development of fintech and digital-economy solutions in Cambodia

Seven lenders control half of total assets

A new National Bank of Cambodia (NBC) report has confirmed that seven lenders held the majority of the Cambodian financial system’s total assets as of end-2022, which pundits argue is a perfectly reasonable number that is large enough not to significantly undermine development of the market.

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