Fri, 2 September 2016 Kali Kotoski
Interesting article.The National Bank of Cambodia (NBC) announced an incremental increase in the LCR in a prakas issued last December, giving banks and microfinance institutions (MFIs) until September 1 to raise their LCR to 60 per cent of their projected 30-day net cash outflows. The increase is a step toward the goal of 100 per cent LCR by 2020, and has been heralded as a positive step to strengthening the Kingdom’s financial industry and cooling rapid credit growth.
The article said "The National Bank of Cambodia could not be reached yesterday to verify which financial institutions had met its deadline". I would like to see the report. It might help when deciding what banks, at least for now, would be a good bet for short term investment. Acleda Bank 1 Year USD Fixed Deposit in August was 5% according to the bank website.“The National Bank of Cambodia has all of the liquidity reporting and will reveal to the industry who has followed the prakas,”
http://www.phnompenhpost.com/business/b ... eir-assets