1 Financial System in Cambodia Mr. LIM CHHAYADA Deputy Head Division October 2010

2 Agenda  Introduction  Overview of Financial Sector in Cambodia Banking Sector Non-Bank Sector  Job Opportunity in Financial Sector  Conclusion

Introduction 3

4  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

5 Financial Institutions

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Financial markets 10

Financial markets 11

Financial markets 12

13 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

14 Structure of the Banking Sector Commercial Banks24 Specialized Banks6 Microfinance Deposit Taking Institutions2 Licensed Microfinance Institutions18 Registered Microfinance Institutions25 Rural Credit Operators60

Banking System in Cambodia 15

16 Deposits Performance

17 Deposits Performance

18 Credits Performance

19 Credits Performance

Number of offices of Cambodia Banks 20

Number of staff 21

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23 Head of Branch/CorpOperations Finance ORGANIZATION CHART Chairman Branch Managers Credit Committee Public Relations Finance & Accounting Treasurer Asset & Liability Committee Human Resources Domestic Banking Money Market International Settlements Central Payments Audit Committee Internal Audit Administration MIS & IT Board Executive Strategy Committee Board of Directors Foreign Exchange International Banking NPL Bad Debt RecoveryUnit Chief Executive Officer Head of Credit Secretary To Board Head of Admin. Chief Provincial Branches

Teller 24

Credit Office 25

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27 Non-Bank Finance  Insurance Sector  Money / Inter-Bank Market  Capital Market Development

28 Insurance Market Structure Line Business State-owned Company Private Company Joint Venture Total General Insurance 145 Re Insurance 11 Total1416

29 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

Graduate at Cambodian Mekong University 30

31 Many Thanks and Best Wishes!