Search form

Login - Register | FOLLOW US ON

Logo of Phnom Penh Post newspaper Phnom Penh Post - Banking prakas

Banking prakas

A new prakas should better gauge the status of loans from licensed microfinance institutions

and specialized banks providing rural credit. Prakas 186 requires them to classify

their portfolios taking into account both the financial position of the borrower

and the repayment schedules involved. The four classes - standard, substandard, doubtful

and loss - require specific provisions of between 10 and 100 percent against default

for all but the first class. Another prakas, number 187, reduces the liquidity ratio

for banks and financial institutions from 100 percent to a minimum 80 percent. A

spokesman for the National Bank of Cambodia said the move came at the behest of the

private sector.

0

Comments

Please, login or register to post a comment

Latest Video

Bodies of Cambodian peacekeepers returned to Kingdom

The bodies of four Cambodian peacekeepers killed by a Christian militia in Central African Republic were repatriated to the Kingdom and honoured in an airport ceremony on May 21.

Phnom Penh eats: Ptas Nak Battambang

As the name suggests, Ptsa Nak Battambang – which in English means Battambang's house – is the right place for those who want to try some of the province's typical dishes in Phnom Penh.

CNRP commune chief candidate Khum Rany photographed near her family home.

In sleepy Sre Preang town in Preah Vihear province, two abandoned bulldozers sit on either side of the street in front of Brame Commune Hall.

CNRP spokesperson Yim Sovann seen speaking at an event in a photograph posted on his Facebook page. Facebook

In response to a CNRP request to allow garment workers to take a day off on the Monday after the June 4 commune elections, the National Election Co