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TA 4755: Developing Deposit Services in Rural Cambodia
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TA 4755: Developing Deposit Services in Rural Cambodia
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| Type: | Pilot, Capacity Building |
| Duration: | 20 months |
| Executing Agency: | National Bank of Cambodia |
| Person Responsible: | Samiuela Tukuafu Southeast Asia Governance, Finance and Trade Division |
| Amount: | US$600,000 (PRF), US$120,000 (Government and MFIs financing) |
As noted in a review of the Consultative Group to Assist the Poor (CGAP), the development of deposit services in Cambodia has significantly lagged behind credit services despite recognition from the National Bank of Cambodia (NBC) that developing deposit services in rural areas is critical to building inclusive and demand-driven financial systems for the poor. In response, this TA aims to catalyze the process of increasing the level of savings in rural households and increase the availability of funds for MFIs so they can expand rural lending.
Major activities of this TA will include: