PHNOM PENH (Xinhua): Cambodia's microfinance sector reported that 25 per cent of its loans and 16 per cent of deposits were denominated in local currency riel in 2023, according to a Cambodia Microfinance Association (CMA)'s statement on Monday.
The total loan balance in riel escalated to an unprecedented 5.56 trillion riel (US$1.37 billion) last year, while the volume of riel deposits at microfinance deposit-taking institutions swelled to 1.52 trillion riel (nearly US$376 million).
