Cambodia National Bank Reports Loan Disbursement to Real Estate & Construction Continues to Surge

• 24 July 2024
• Local News
• 991 Views

Loan disbursement from banking institutions to the construction and real estate sectors continues to grow significantly, with the sectors projected to see slow growth in 2024.

As of the first half of 2024, loans to real estate trading activities reached US$5,996 million, accounting for 11.3% of the total outstanding loan amount of US$52.8 billion. This marks a 25.1% increase compared to the same period last year, according to the first-semester report of the National Bank of Cambodia released recently, according to a recent report by National Bank of Cambodia.

The report highlighted that loans to construction activities totalled US$5,121 million, representing 9.7% of the total outstanding loan and a 14.8% increase over the same period last year. This substantial growth in loan disbursements underscores the continued confidence of banking institutions in the potential of Cambodia’s real estate and construction sectors.

• Investment and Funding