Outstanding loans increased by 2.6 percent year-on-year to 58.9 billion U.S. dollars by June this year, while customers' deposits rose by 13.4 percent to 51.9 billion dollars, the report said.
The loans had been given to main sectors such as trade, housing, construction and real estate, agriculture, hotels and restaurants, and manufacturing, among others, it said.
Non-performing loans (NPLs) at the banks and the microfinance institutions were at controllable rates of 6.8 percent and 8.3 percent, respectively, it added.
The report said the current assets in the kingdom's banking and financial system rose to 88.3 billion dollars by June 2024, up 6.1 percent from June 2023.
NBC's Governor Chea Serey said the growth clearly reflected the confidence of the public and investors in the banks and financial institutions.
"The National Bank of Cambodia will continue to maintain price and financial stability, as well as strengthen its role as a catalyst in supporting Cambodia's sustainable and inclusive socio-economic development," she said.
She added that NBC would continue to put forth policies to promote the use of local currency, Riel.
Serey said for the short and medium term, Cambodia's economy is expected to recover at "high growth", driven by manufacturing and tourism.
Cambodia has 59 commercial banks, nine specialized banks, 87 microfinance institutions, and 115 rural credit institutions across the country, with 21.3 million deposit accounts and 4 million credit accounts, the report said.
The Southeast Asian nation has also registered about 30 million e-wallet accounts, with 175.3 million transactions totally worth 54.7 billion dollars during the January-June period this year.
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