After poll, deposits at microfinance institutions down
Saving deposits at microfinance institutions (MFIs) this month decreased slightly from the average monthly amount because of a rise in withdrawals, industry officials said.
Bun Mony, president of the Cambodia Microfinance Association (CMA), and the general manager at MFI Sathapana Limited, said many people have come to take out funds during the first two weeks of the month, and he speculates that the withdrawals could be tied to unease over the post-election deadlock and fears of instability. …
Four of the biggest microfinance institutions licensed to take deposits said this week that saving deposits fell this month compared to the monthly average. …
http://www.phnompenhpost.com/business/after-poll-deposits-microfinance-institutions-down
