NBC: Liquidation of 3 Banks Poses No Threat to Cambodia's Financial Stability
The National Bank of Cambodia (NBC) announced the revocation of licenses and liquidation of three commercial banks: CCU Commercial Bank, Heng Feng (Cambodia) Bank, and HH (Cambodia) Bank. The NBC emphasized that these three banks collectively represent only 0.5% of the total assets, deposits, and loans in the banking system, posing no risk to financial stability.
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