柬埔寨银行业不良贷款率 攀升至8.9%

Core Insights - The Cambodian banking sector demonstrated resilience and a strong capital base despite challenges such as external uncertainties, slowing credit growth, and border tensions [1] - The overall capital adequacy ratio and liquidity of the banking sector remain significantly above regulatory requirements, with profitability showing signs of recovery [1] Group 1: Banking Sector Performance - The non-performing loan (NPL) rate increased from 7.4% in 2024 to 8.9% in 2025, influenced by a decline in asset quality due to a weak real estate and construction sector [1] - The net NPL rate, after accounting for provisions, stands at 2.9%, indicating that risks are generally manageable [2] - The allowance coverage ratio reached 67.5%, reflecting strong risk resilience among financial institutions [2] Group 2: Capital and Liquidity - Capital adequacy ratios (CAR) for deposit-taking banks and financial institutions are at 21.9%, while non-deposit institutions have a CAR of 31.4%, both exceeding the statutory minimum of 15% [2] - The liquidity coverage ratio (LCR) is maintained at a high level of 177.3%, well above the 100% regulatory standard, ensuring sufficient short-term liquidity [2] Group 3: Credit Growth and Economic Context - Customer loans in the banking sector increased by 4.1% year-on-year, totaling $63 billion, while customer deposits rose by 14.7%, amounting to $65.7 billion [3] - The credit growth rate has significantly slowed, with a mere 3% increase in 2023, marking the lowest growth rate in the past 20 years [3] - The loan-to-GDP ratio has surpassed 170%, making Cambodia the country with the highest private debt ratio in the region [3]