As of Q1 2022, Construction Loans increased by 21.5%, Real Estate by 37.2%, Compared to Q1 2021

• 27 June 2022
• Local News
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As of the first quarter of 2022, commercial banks have provided approximately 15,967.91 billion riels of loans for the construction sector which represents an increase of 21.5% compared to the first quarter of 2021, according to the First Quarter 2022 Cambodian Economic and Financial Statistics Bulletin

Meanwhile, loans for real estate trading have been provided for about 15,867.03 billion riels, an increase of 37.2%.

Home loans by commercial banks also increased with a total loan of 23,564.66 billion riels, an increase of 29.9%.

Separately, loans provided by microfinance institutions in the construction sector have a total amount of 1,503.87 billion riels, an increase of 39.8% compared to the first quarter of 2021.

According to the same bulletin, as of the first quarter of 2022, Cambodia imported construction with a total amount of US$471.92 million, an increase of 18.1% compared to the first quarter of 2021.

• Analysis