The Lending Guideline (LG)

Initiated by the Cambodia Microfinance Association LG has been developed with support from international partners and investors. LG has been extended to whole Banking and Financial Sector on the 1st January 2022 after it has spent one full in 2021 to develop that both CMA Board and ABC Council approved the widen healthy practice to ensure the sustainability of the financial sector through including LG as the annex of the Banking and Financial Institutions Code of Conduct.

The objectives of the Lending Guideline are:

• To make sure that the borrowing capacity of clients is thoroughly and accurately assessed
• Having sufficient data is available to monitor aggregate and institutional-level exposure to systemic risks
• To make sure that the incidence of multiple-indebtedness and rapid increases in household debt, both important causes of over-indebtedness and eventual delinquency, are reduced.
  
  

This Lending Guideline This Lending Guidelines is applicable to all lending institutions in Cambodia licensed by National Bank of Cambodia including commercial banks, specialized banks, microfinance deposit-taking institutions, non-deposit taking microfinance institutions, rural credit institutions, and leasing companies.

For more details please review it here:

For more details