Statement on “Collateral Damage: Land Loss and Abuses in Cambodia's Microfinance Sector”

On 07 August 2019, Cambodian League for the Promotion and Defense of Human Rights (LICADHO) and Sahmakum Teang Tnaut (STT) released an statement examine human rights abuses in Cambodia’s microfinance sector. According to their joint report, more than 2 million Cambodians currently have a loan with ...

Cambodian League for the Promotion and Defense of Human Rights (LICADHO)

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Notification on the establishment of the customer protection working group and the establishment of a telephone system for the public

On 22 August 2017, the Cambodian Microfinance Association issued a statement confirming the establishment of the consumer protection working group, declaring five hotlines for the public who have questions or problems with the use of the association’s financial services. The five hotline numbers are: 069 77777 ...

Cambodian Microfinance Association

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Notification to all local microfinance institutions

On 24 July 2017, the Cambodia Microfinance Association (CMA) issued an announcement to inform all microfinance institutions and the public that:Cambodian Microfinance Association promotes the implementation of their Code of Conduct.All MFIs cannot accept identification cards, family books or residential books as collateral for loans.All ...

Cambodian Microfinance Association

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Press release on the setting of interest rate cap

On 13 March 2017, the National Bank of Cambodia (NBC) issued a press release on the setting of interest rate cap of 18 percent per annum for microfinance institutions, deposit-taking MFIs and licensed rural credit institutions to help the poor, curb over-indebtedness and reduce poverty, ...

National Bank of Cambodia

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