Source: Xinhua
With the helps from the International Financial Corporation (IFC) and the European Union (EU), Cambodia is hosting a conference to talk on how microfinance can boost country's economy, promote financial inclusion and enhance customer protection.
The IFC which is a member of the World Bank Group is helping Cambodian microfinance institutions to strengthen their contribution to the country's socio-economic development, and expand financial services to the rural population amid the global financial crisis.
The two-day meeting, which began Wednesday, participated by representatives from the Cambodia Microfinance Association, senior microfinanciers, bankers, regulators, and local authorities.
"The microfinance sector in Cambodia has grown fast and significantly contributed to improving access to financial services for the rural population," said Chea Chanto, governor of the National Bank of Cambodia.
No comments:
Post a Comment