Mortgaged Amount Reaches US$6.4bn as of December 2021, 26% Rise Y-o-Y

• 12 February 2022
• Local News
• 1591 Views

As of the end of 2021, the amount of mortgage loans in Cambodia was recorded accumulatively at US$6.4 billion, accounting for 54.15% of the total consumer loan balance, according to a recent report by the Credit Bureau Cambodia (CBC).

This mortgage value represents a 26% increase compared to the accumulative value as of the end of 2020.

The report added that mortgage loan applications as of Q4 2021 were at 159,570 applications or equal to 11.82% of the total 1.35 million loan applications.

CBC also added that consumer credit quality remains good, with only 2.03% of 30+ days past their due date (DPD) for overall credit, and only 1.05% for mortgages.

• Economy and Finance