RDB loans $30M to boost rice purchases

11 January 2018
The Phnom Penh Post
Agriculture / Aid and development / Government services
Khmer Foods Group / Rural Development Bank (RDB)

The government has provided $30 million in loans to rice millers since September to facilitate the purchase of paddy rice, with the head of a state-run bank saying more money was available if necessary. The loans were issued to 38 rice millers by the state-owned Rural Development Bank (RDB) following September’s rice harvest, and would need to be paid back by April this year, according to RDB’s CEO Kao Thach. …

 Cheng Sokhorng
http://www.phnompenhpost.com/business/rdb-loans-30m-boost-rice-purchases

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