ADB approves US$40 million loan for Cambodia's financial sector development


PHNOM PENH, Oct. 18 (Xinhua): The Asian Development Bank (ADB) has approved a US$40 million loan to support Cambodia's efforts to expand access to credit among micro, small, and medium-sized enterprises (MSMEs) and implement reforms to boost financial stability, said its press release on Monday.

The third subprogram of the Inclusive Financial Sector Development Program follows two previous subprograms, which were implemented from 2016 to 2019 to help the Cambodian government develop an efficient and stable financial sector by bolstering financial inclusion and financial stability.

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