The National Bank of Cambodia has issued a circular on creditRedesignated during the impact of the Kovirus 19 epidemic.
The circular, directed by His Excellency Chea Chanto, Governor General of the National Bank of Cambodia on March 27, 2020, aims to maintain Financial stability and support for economic activity during the impact of the HIV epidemic 19, particularly to ease the burden on borrowers At stake With declining revenue and difficulty repaying, the National Bank of Cambodia decided to implement the circular aimed at securing the arrangement. Loans by banks and financial institutions are effective and efficient.
The National Bank of Cambodia requires the institution to focus on the customers who are affected by it and allow for redefining priority areas such as tourism (hotels, guesthouses and Restaurants including food, beverages and support services). Tailoring (including employees). Construction (for home loan, first shop and first home loan) and transportation (especially taxi and tuk tuk drivers) and lots Gesture.
HE Chea Tito insisted that the institution be reorganized with credit policies and procedures during the impact of the outbreak Article 19, which is approved by the Board of Directors for the determination of credit conditions and conditions, is referred to as "restructuring credit" and For monitoring and managing those credits.
HE Pich Prasid, President of the Cambodian Youth Party, on the morning of March 28 posted the above circular and congratulated him. The Cambodian National Bank of Cambodia has issued a travel guide for private banks to consider the Cambodian people