Newlyweds targeted with ‘wedding loans’
Phnom Penh Commercial Bank will offer “wedding loans” to newlyweds, a product based on a similar borrowing practice is South Korea.
Prasac Microfinance general director Sim Senacheert said the name of the new service was meant to attract newlyweds, but the loans and interest rates would be similar to those already available.
phnom penh post
> Looking back at riel history (10/07/2012)
> Prasac moves towards becoming a bank (10/07/2012)
> ANZ report shows a vulnerable Cambodia (09/07/2012)
> Bank now offers gold accounts (09/07/2012)
> Prudential granted approval by ministry (03/07/2012)
> Prudential to set up shop in Cambodia (02/07/2012)
> Prasac to install 30 ATMs (26/06/2012)
> CIMB eyes expansion (18/06/2012)
> Cambodia takes $430m China loan (14/06/2012)
> Banks see growth in Q1 (12/06/2012)