Financial System in Cambodia Mr. LIM CHHAYADA Deputy Head Division October 2010
Agenda • Introduction • Overview of Financial Sector in Cambodia • Banking Sector • Non-Bank Sector • Job Opportunity in Financial Sector • Conclusion
Introduction • Financial Institutions • institutions through which suppliers channel money to users of funds • Financial markets are structures through which • markets in which raise funds by issuing financial instruments (e.g., stocks and bonds) • markets where financial instruments are traded among investors
Overview of the Financial Sector in Cambodia • Banking and Microfinance Sector • Commercial Banks • Specialized Banks • Microfinance Institutions • Non-Bank Finance • Insurance • Project on Money/Inter-bank Market • Project on Capital Market
ORGANIZATION CHART Board of Directors Board Executive Strategy Committee Audit Committee Chairman Secretary To Board Credit Committee Chief Executive Officer Internal Audit Asset & Liability Committee Head of Branch/Corp Operations Head of Finance Head of Admin. Head of Credit Treasurer Chief Provincial Branches Finance & Accounting Domestic Banking Human Resources NPL Bad Debt Recovery Unit Central Payments Money Market Administration Branch Managers International Banking MIS & IT Public Relations International Settlements Foreign Exchange
Non-Bank Finance • Insurance Sector • Money / Inter-Bank Market • Capital Market Development
Conclusion • The financial system is largely dominated by the banking sector • Insurance sector is still at emerging stage • Institutional and legal framework is being put in place to establish financial and capital market • To date, concrete achievement has been made but a lot needs to be done toward sound and market-based financial system
Many Thanks and Best Wishes!