PRASAC s profit surges 17% despite increase in competition khmertimeskh.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from khmertimeskh.com Daily Mail and Mail on Sunday newspapers.
People affected by flooding in Kampong Thom province’s Stoung district have asked authorities to coordinate with loan institutions because they have lost crops.
A total of $25.15 million in loans have been disbursed to 189 tourism-related enterprises under the $150 million Tourism Recovery Co-Financing Scheme (TRCS) as of September 30 – most of which are in the restaurant business – representing just over one-sixth of the scheme’s funds
The lending rules and procedures of the recently-launched $150 million Tourism Recovery Co-Financing Scheme (TRCS) were officially established on July 1, in a move to boost recovery in the Covid-hammered industry, according to a tourism ministry letter issued on the same day.
Prasac Microfinance Institution Plc announced that it has increased its registered capital by one-third to 1.6 trillion riel ($400 million) as it seeks to emerge as a full-fledged commercial bank after spending many years in the pursuit.