Phnom Penh: Mr. Srun Chanthol, Undersecretary of State, High Representative of Mr. Heng Sour, Minister of Labor and Vocational Training, led a meeting to review the progress of the implementation of the Memorandum of Understanding on providing loans for Cambodian migrant workers to work abroad with representatives of 8 partner banks at the Ministry’s office on the afternoon of July 30, 2026.
The eight partner banks that attended the meeting included Vattanac Asia Bank (ABA), ACLEDA Bank Plc., Canadia Bank, Cambodia Post Bank Plc., KB PRASAC Bank Plc., SBI Cambodia PLC, Wing Bank Plc., and Woori Bank Plc. Cambodia).
On that occasion, Mr. Srun Chanthol thanked the eight partner banks for implementing the memorandum of understanding effectively and responsibly, especially for facilitating and providing loans to Cambodian migrant workers more easily and flexibly. For working abroad.
At the same time, representatives of the eight partner banks agreed to continue to adjust some related conditions and procedures to make the credit process easier, faster and more efficient, aimed at facilitating Cambodian migrant workers who wish to work abroad.
Please note that in order to help ease the burden of Cambodian migrant workers on preparing documents and services related to working abroad, the Ministry of Labor and Vocational Training initiated the signing of a memorandum of understanding with 8 partner banks on August 9, 2024 under the chairmanship of His Excellency His Excellency Hun Sen, Prime Minister of the Kingdom of Cambodia, to increase access to affordable credit and reduce the financial burden of Cambodian migrant workers.
</figure
->
This site is translated by Google Translate™
