Lenders foresee challenges in raising the local currency ratio

Commercial lenders have said the central bank’s requirement that banks and microfinance institutions (MFIs) increase the share of local currency in their loan portfolio to at least 10 percent by the end of 2019 could prove challenging to implement as their biggest clients exhibit a strong preference for deposits and loans in foreign currencies. …

Hor Kimsay
http://www.phnompenhpost.com/business/lenders-foresee-challenges-raising-local-currency-ratio