Abuse in $8.2b microfinance sector: Come see country for yourself, says Cambodian banker

Central banker Chea Serey defends kingdom against report by NGOs on abuse in $8.2b microfinance sector

ST PHOTO: TAN HUI YEE

A recent report authored by two non-governmental organisations (NGOs) in Cambodia highlighting abuse in the country's US$6 billion (S$8.2 billion) microfinance sector made the rounds in global media and got Phnom Penh all riled up.

One of its most vocal critics was Ms Chea Serey, assistant governor of the National Bank of Cambodia.

Please or to continue reading the full article.

Get unlimited access to all stories at $0.99/month

  • Latest headlines and exclusive stories
  • In-depth analyses and award-winning multimedia content
  • Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months*

*Terms and conditions apply.

A version of this article appeared in the print edition of The Straits Times on October 18, 2019, with the headline 'Come see country for yourself, says Cambodian banker'. Subscribe