IDs are not ‘sufficient guarantee’ for loans

14 March 2016
The Phnom Penh Post
Banking and financial services
National Bank of Cambodia (NBC) / Prasac / Sim Senacheert

Cambodia’s central bank has asked all financial institutions, especially rural lenders, to refrain from accepting personal identity cards, residential records and family books as a guarantee while giving out loans to consumers. …

 Sor Chandara
http://www.phnompenhpost.com/business/ids-are-not-sufficient-guarantee-loans

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