Banks and FI loan restructuring extended until mid-2021


The National Bank of Cambodia (NBC) will allow banks and financial institutions to continue loan restructuring until mid-2021, according to a letter sent to the Association of Banks in Cambodia (ABC) and the Cambodia Microfinance Association (CMA) last week. Signed by NBC Governor Chea Chanto, the letter said, “I would like to inform you [ABC and CMA] that in support the royal government’s policy on matters regarding the COVID-19 pandemic and the impact of the flash floods, NBC has decided to extend loan restructuring conditions as set out in Circular No. B7-020-001.”…

November 23rd, Khmer Times