穆迪警告柬埔寨银行业面临不良贷款及房地产风险
分类金融
地点金边
来源CIR
发布时间2026/08/20 15:04
详情描述
据柬埔寨投资评论（CIR）报道，穆迪评级机构在金边举行的2026年银行业会议上指出，柬埔寨银行业正进入一个更为艰难的信贷周期。受房地产市场疲软及经济增长放缓影响，该国金融机构面临不良贷款率上升及资产质量下滑的风险。
数据显示，柬埔寨银行业的不良贷款率（NPL）已从2021年的2.4%攀升至2025年底的8.3%，并于2026年6月进一步升至9.6%，处于近年来的高位。穆迪评级亚太区金融机构高级副总裁尤金·塔兹马诺夫（Eugene Tarzimanov）在会上表示，当前银行业面临的主要挑战包括清理问题贷款、信贷规模相对于国内生产总值（GDP）过高、对房地产行业过度依赖，以及经济中广泛存在的美元化现象。
尽管面临上述风险，穆迪评级认为柬埔寨银行业仍具备结构性吸引力。该系统目前拥有较强的资本缓冲，融资条件有所改善，且金融深化带来的长期增长机会依然存在。
针对当前形势，穆迪建议相关方密切关注金融机构的资产质量，并审慎评估投资组合风险。
📋 简要摘要 ▸
穆迪评级机构指出，柬埔寨银行业正进入艰难的信贷周期，不良贷款率处于近年高位，且对房地产行业过度依赖，金融机构面临较大风险。
📋 完整原文 ▸
[来源: CIR] [分类提示: NEWS]
标题: Leader Talks: Moody’s Eugene Tarzimanov on Cambodia’s Banking Growth Story as NPL and Property Risks Rise at 2026 Banking Conference
Cambodia Investment Review
Cambodia’s banking sector remains structurally attractive, but rising non-performing loans, heavy real estate exposure and high private-sector debt are creating growing risks for lenders, according to Moody’s Ratings.
Cambodia’s banking system is entering a more difficult credit cycle as weak property conditions and slower economic growth push non-performing loans to their highest level in recent years, according to a new presentation from Moody’s Ratings.
Moody’s said the banking system’s non-performing loan (NPL) ratio reached 9.6% in June 2026, up from 8.3% at the end of 2025 and 2.4% in 2021.
Read More: Moody’s Revises Cambodia’s Outlook to Negative, Affirms B2 Rating Amid Trade Risks in 2025 Outlook
The rating agency identified the clean-up of problem loans, high credit relative to gross domestic product, concentrated real estate exposure and widespread dollarisation as the sector’s principal challenges.
However, Cambodia’s banks continue to benefit from strong system-wide capital buffers, improving funding conditions and significant long-term growth opportunities from financial deepening.
The assessment was presented by Eugene Tarzimanov, Senior Vice President for Asia-Pacific Financial Institutions at Moody’s Ratings, under the theme “Cambodian Banks: Navigating Risks and Capturing Growth.”
Cambodia’s NPL Ra