1st Mandate

Thing to Know About Bank

For most of us, the bank is one of the most important places that all of us are familiar with. But do you ever curious which bank is the first bank in the world? The safest And other question about the bank? Here is the answer to the question for you to get to know more about the bank all around the world.

The Power of Compound Interest

So, what is compound interest you might ask. Compound interest is the interest on a loan calculated based on both initial principal and the accumulated interest from previous periods. 

Fiat Money

Fiat monet is a form of currency that has no intrinsic value but is backed by the government regulations as a legal tender. Its value is based on expectation and social convention rather than the government order. However, it cannot be redeemed  but the government of the company can back it up to make fiat money sucessful.

What is Metallic Money?

Centuries ago we did trade using metallic money   as a medium of exchange. Nowadays, we are using paper money, but who knows ? In the near future, the advancement in technology and the banking system will eliminate the use of paper currency. What are the factors that contribute to the revolution of money form? Let’s trace back to the History of Metallic Money. 

Commodity Money

Commodity money is unique in the sense that it is the only form of money that has underlying value. It is defined as a physical good that consumers universally use to trade for other goods. However, It's history extends beyond centuries and millennia so it worth the time reading this content.

The Payment System

This week we grab your attention to learn about one more content related to "Payment System" which is used to settle the financial transaction through the transfer of monetary value.

Type of Money

We've learnt about money from previous topic "What is money". In this article, we will be discussing the three different type of money which are commodity money, fiat money and commercial bank money.

What is money? 

Money is an economic unit which functions as a generally recognized medium of exchange for transactional purpose in an economy. We will be discussing three functions of money in this topic.

The Criteria of Banking Before Gaining 

The License 

For this content, we will focus on the Banking license and another criteria to gain a license as Banking and Finance Institute in Cambodia. A business cannot include the term of bank, insurance or nation in its name unless it has a matching license to their country regulation.

Channel of Banking

When people hear the word “Bank”, they often think that banks are the institutions that hold their checking or savings accounts. However, there are several types of banks, all with different specialties. Despite the fact that they are in parts of our life, some of which you might not have heard of. This topic will only talk about 7 types of banks. 

Banking Products

Another weekend again, for this week we brings you a new knowledge about "How many types of Banking Product". We all know Banking sectors play such an importance role in every country of the world. But what we all might not know is the products which provided by banks all around the world.

Type of Banks

When people hear the word “Bank”, they often think that banks are the institutions that hold their checking or savings accounts. However, there are several types of banks, all with different specialties. Despite the fact that they are in parts of our life, some of which you might not have heard of. This topic will only talk about 7 types of banks:

The History of Banking

Did you know? The banking history began with the world's earliest theoretical framework that offered agricultural credit to farmers and traders who were carrying goods between places. Around 2000 BC, Assyria, India, and Sumeria were involved. Later, in ancient Greece and the Roman Empire, temple-based lenders provided loans. 

Venture Capital

A venture capitalist is a type of investors who makes investments in high-growth firms in exchange for a stake in the company. CamEd Investment Club and CamEd Banking & Finance Club would like to share an overview of Venture Capital in Cambodia. What are the pros and cons of having venture capitalist? Click read more to check it out. READ MORE