6 June 2016
Singapore-based Phillip Bank
announced yesterday that Cambodian borrowers that can prove a consistent
monthly income will be able to access lines of credit without putting down
collateral. The collateral-free credit product hopes that this will provide the
opportunity to capitalise on consumer’s abilities to make regular repayments.
Source:
http://www.phnompenhpost.com/business/phillip-bank-launches-collateral-free-credit
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