Banking industry country risk assessment on Cambodia assigned Group 10

Standard & Poor's Ratings Services said that Cambodia's banking industry has been categorized in Group 10 in its Banking Industry Country Risk Assessment (BICRA). This reflects the country's nascent stage of development with deficiencies in the structural, institutional, and legal frameworks, it said in a report titled "Banking Industry Risk Analysis: Cambodian Banks Poised For Growth, But Structural And Institutional Vulnerabilities Exist." More...