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Prakas on the interest rate ceiling on loan

The purpose of this prakas is to determine the interest rate ceiling on loan for banks and financial institutions under the National Bank of Cambodia’s supervisory authority operating rural credit, and to protect consumers from excessive interest rate charged by the financial institutions and to effectively promote the use of affordable loan.

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Prakas on the interest rate ceiling on loan
 

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Additional Info

Field Value
Geographic area (spatial range)
  • Cambodia
Issuing agency/parties
  • National Bank of Cambodia
Implementing agencies
  • Company Director
Language
  • English
Formal type of document Proclamation
Topics
  • Banking and financial services policy and regulation
  • Economic policy and administration
License

No license given
Copyright To be determined
Access and use constraints

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Status Signed and in effect
Version date (of draft) March 13, 2017
Adoption date/Enacted/Promulgation date/Signing date March 13, 2017
Effective/Enforced Date March 13, 2017
Publication reference National Bank of Cambodia
Links to source https://www.nbc.org.kh/download_files/legislation/prakas_eng/Prakas-on-Interest-Rate-Cap-Eng.pdf
Contact

National Bank of Cambodia

Address: #88 Street 102 Corner Street 19 Sangkat Wat Phnom, Khan Daun Penh, Phnom Penh, Cambodia. Tel: (855-23) 722 563, (855-23) 722 221, (855-23) 722 189 ( The Governor's Office ), Fax: (855-23) 426 117, Email: info@nbc.org.kh, Website: http://www.nbc.org.kh
Legacy reference document Prakas_interest_rate_ceiling_loan__13.03.2017.pdf
Keywords Loan,Interest rate ceiling
Date uploaded April 29, 2021, 17:08 (UTC)
Date modified May 3, 2021, 05:25 (UTC)