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Cambodia launches 150 mln USD loan scheme for pandemic-hit tourism-Xinhua

Cambodia launches 150 mln USD loan scheme for pandemic-hit tourism

Tourism co-financing scheme launched

The government has announced the implementation of the $150 million Tourism Recovery Co-Financing Scheme (TRCS), with loans to be disbursed equally through the SME Bank, commercial banks and microfinance institutions (MFI).

Low-rate travel-sector loan scheme set for June

State-owned SME Bank has announced that it will launch the Tourism Recovery Co-Financing Scheme (TRCS) with capital funding of $150 million to provide the embattled industry with low interest rate loans to speed up its recovery from the Covid-19 crisis, with the scheme expected to launch in June.

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