Phnom Penh (FN), Dec. 5 – The Royal Government of Cambodia has allocated USD 50 million for Rural Development Bank (RDB) to transform to a Rural Development and Agricultural Bank, classified as "commercial", according to the press release of the RDB on Thursday.

"The capital of USD 50 million will be available on 9 December 2019 to serve agricultural sector , including stabilizing price and buying rice from farmers to process, stock, and export," it said.