The National Bank of Cambodia
has decreased the minimum value of negotiable certificates of deposit (NCDs) in
a bid to promote interbank lending in the Kingdom’s crowded financial
industry. The minimum value of riel-denominated NCDs was lowered from 2
billion to 200 million riel, while the minimum value of US dollar NCD’s was
lowered from $500,000 to $50,000. The central bank also said that as of
yesterday it will stop offering term-deposit accounts.
Source:
http://www.khmertimeskh.com/news/17371/central-bank-moves-to-spark-interbank-lending/
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