Construction & Real Estate Share 18% of Total Credit of US$38 Billion

• 1 March 2022
• Local News
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Total loans from commercial banks and specialised banks to customers was recorded at US$38.6 billion as of the end of 2021, a year-on-year increase of 24.4%. Credit to construction and real estate activities were cumulatively at US$6.93 billion, or 18% of the total.

The National Bank of Cambodia’s latest report has shown that credit to construction was US$3.58 billion, or 9.3% of the total credit, while real estate activities share 8.7% or US$3.35 billion.

NBC stated that credit volumes continued to increase due to increased demand for investment and other expenditures in sectors that supported economic activities.

Despite the pandemic, non-performing loans were only at 2% of the total, indicating the stability of Cambodia’s financial sector.

• Economy and Finance
• Investment and Funding