Newlyweds targeted with ‘wedding loans’

11 July 2012
The Phnom Penh Post
Banking and financial services / Economy and commerce
borrowing / Families / loans / new homes / newlyweds / parents / Phnom Penh Commercial Bank / product / Savings / South Korean aid / South Korean bank / start-up families / wedding loans

Phnom Penh Commercial Bank will offer “wedding loans” to newlyweds, a product based on a similar borrowing practice is South Korea. The majority-owned South Korean bank will set aside more than US$1 million for start-up families that don’t want their parents shelling out savings for new homes. …

http://www.phnompenhpost.com/index.php/2012071157335/Business/newlyweds-wedding-loans.html

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