BankHeadOffice.com         Bank Head Office Worldwide   ♦ Loan Calculators ♦ Mortgage Guides ♦ Banking FAQs ♦ Banking Institutions ♦ Central Banks Worldwide       Home  »  Central Banks Worldwide  »  National Bank of Cambodia National Bank of Cambodia The National Bank of Cambodia was established in December 23, 1954. After the country gained the independence from French Colony and after the Indochina Printing Institution was closed.   The National Bank of Cambodia printed its own national currency of Riel in order to completely terminate the monetary alliance with the Vietnamese and Laos currency. Meanwhile, there was the establishing of local banking system in which the state banks and private banks operated together in the territory of Cambodia. As a Central Bank, in order to raise its influence and prestige that deserved as the supervisory authority of the banking sector. The National Bank of Cambodia shall have the following functions and duties: 1. To determine monetary policy objectives, in consultation with the Royal Government and consideration of the framework of the economic and financial policy of the Kingdom; 2. To formulate, implement and monitor monetary and exchange policies aimed at the determined objectives; 3. To conduct regular economic and monetary analysis, make public the results, and submit proposals and measures to the Royal Government; 4. To license, delicense, regulate and supervise banks and financial institutions and other relevant establishments such as auditors and liquidators; 5. To oversee payments systems in the Kingdom, and to enhance interbank payments; 6. To act as the sole issuer of national currency of the Kingdom; 7. To undertake and perform, in the name of the Kingdom, transactions resulting from the participation of the Kingdom in public international institutions in the banking, credit, and monetary spheres; 8. To establish the balance of payments; 9. To participate in the management of external debt and claims; 10. To participate in the formation and supervision of the money and financial markets; 11. To license, delicense, regulate and supervise all those operating in the securities and foreign exchange markets, the market for precious stones and precious metals; and 12. To set interest rates.   National Bank of Cambodia HQ Address: #22-24 Norodom Blvd Phnom Penh Cambodia Telephone: +855 23 722 563 / 722 221 Facsimile: +855 23 426 117 Website: www.nbc.org.kh Swift Code: NCAMKHPP Currency: Riel Banking Hours: Monday - Friday : 8.00 am - 4:00 pm     The National Bank of Cambodia accepts that the credibility of its policy and actions is a prerequisite for the attainment of its goals and that such credibility can only be achieved and maintained through independent action, firmness of principle, resoluteness and fixed intent.   DISCLAIMER The content comes from Internet, reasonable efforts are made to maintain accuracy of information published. However, information could contain errors or inaccuracies and is presented without warranty and statutory means. No liability is assumed for errors or omissions. Viewers are advised to consult their banker or financial consultant for complete information and their professional advise. All trademarks, logos, brand names and copyrights are the property of their respective owners. © 2011 - 2022 BankHeadOffice.com ® All Rights Reserved