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Bank, MFIs operations go on despite lockdown

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The Association of Banks in Cambodia (ABC) and the Cambodian Microfinance Association (CMA) on April 23 informed the public that business operations in the industry are continuing as normal nationwide. Hean Rangsey

Bank, MFIs operations go on despite lockdown

The Association of Banks in Cambodia (ABC) and the Cambodian Microfinance Association (CMA) on April 23 informed the public that business operations in the industry are continuing as normal nationwide although some areas in the provinces and capital have been placed in lockdown to curb the spread of Covid-19 triggered by the February 20 community outbreak

According to a joint press release issued by the two associations on Friday, customers can still deposit and withdraw cash from their accounts through ATMs or agents across the country.

They also encouraged customers and the public to make electronic payments to avoid directly handling banknotes, which can pose infection risks.

"With permission and under the guidance of the national commission that has locked down Phnom Penh and adjacent Kandal provincial town Takmao as well as central and some other parts of Preah Sihanouk province, all branch offices of banks, deposit-taking microfinance institutions and a number of banking agents are still providing financial services to the public and regular customers," read the release.

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