NBC Says Banking System ‘Strong’ After Temporary Withdrawal Limits Raise Concerns

NBC Says Banking System ‘Strong’ After Temporary Withdrawal Limits Raise Concerns

PHNOM PENH, March 17, 2026 — Cambodia’s central bank on Monday urged depositors to remain calm after concerns over withdrawal limits at a local lender triggered widespread discussion online.

The National Bank of Cambodia (NBC) issued the appeal after APD Bank temporarily capped outgoing transfers at $300 per day per customer and restricted several other services, prompting questions among customers about access to funds.

NBC Governor Chea Serey said in a video message that the country’s banking system remains stable, stressing that most financial institutions continue to operate normally.

“Our banking system remains strong, and most customers continue to conduct transactions as usual,” she said, adding that authorities are working closely with the bank to address the issue.

She explained that banks typically keep only a portion of deposits in liquid form, while the rest are lent out to support long-term investments such as housing, industry, and business expansion.

Chea Serey noted that temporary liquidity pressures can arise if a large number of depositors attempt to withdraw funds simultaneously, but emphasized that this does not indicate a lack of overall financial capacity.

Financial authorities said they are coordinating with relevant institutions to safeguard depositors and maintain confidence in the banking system.

The central bank reiterated its commitment to ensuring financial stability and urged the public to avoid panic-driven actions.