In response to fight against the global financial crisis, the amount of $59.4 million in concessional loans has been granted to Cambodia by Asian Development Bank (ADB). The money has been made available through the bank’s Asian Development Fund (ADF), which received a $400 million boost Tuesday as part of a much broader $3.4 billion [...]
Posts Tagged ‘grant loans’
Central Bank Sees No Emergency Loan Requests
June 19th, 2009 
Cambodia Economy Not a single lending institution in six months has taken the National Bank up on an offer of emergency loan assistance, officials said Friday. Emergency loans are available to banks facing liquidity constraints in the wake of the global financial crisis, but so far “none of the banks have applied for a loan,” according to [...]
Posted in Loan 
Tags: banking, banking sectors, Cambodian banks, central bank, Commercial banks, Financial crisis, grant loans 
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