News

Home not farming, takes precedence when Cambodians take MFIs loans

21 February 2024
Khmer Times
Micro-finance / National Bank of Cambodia
bank loans / microfinance institutions (MFI)

Showing a shift in mindset, more Cambodians are now taking loans from microfinance institutions (MFIs) over home needs than for farming. ... ...

 Rachel David
https://www.khmertimeskh.com/501442492/home-not-farming-takes-precedence-when-cambodians-take-mfis-loans/

MEF calling for loans to SMEs with no collateral

22 August 2022
The Phnom Penh Post
Small and medium enterprises SME
credit guarantee mechanisms / financial support / microfinance institutions (MFI)

The Ministry of Economy and Finance (MEF) and Credit Guarantee Corporation of Cambodia Plc (CGCC) are encouraging banks and microfinance institutions (MFI) to use credit guarantee mechanisms to boost financial inclusion and help expand small- and medium-sized enterprises (SME) by issuing loans to businesses that ...

 Hom Phanet
https://www.phnompenhpost.com/business/mef-calling-loans-smes-no-collateral

Bank loan portfolios set to be at least 10% in local currency

13 November 2018
The Phnom Penh Post
Banking and financial services / Micro-finance / National Bank of Cambodia
Cambodia Microfinance Association (CMA) / loan / microfinance institutions (MFI)

Cambodian commercial banks are showing a stronger preference to provide riel loans to microfinance institutions (MFI) as they rush to increase the share of local currency in their loan portfolio to at least 10 per cent by the end of next year. ... ...

 Hor Kimsay
https://www.phnompenhpost.com/business/bank-loan-portfolios-set-be-least-10-local-currency

Prasac ups paid up capital

3 August 2016
Khmer Times
Banking and financial services / Micro-finance / National Bank of Cambodia
Chea Serey / microfinance institutions (MFI) / National Bank of Cambodia’s (NBC) / Prasac MFI / Sim Senacheert

One of the Kingdom’s largest microfinance institutions (MFI), Prasac MFI, increased its paid up share capital by $29 million in a bid to increase public confidence and comply with the National Bank of Cambodia’s (NBC) requirements. ... ...

 May Kunmakara
http://www.khmertimeskh.com/news/27959/prasac-ups-paid-up-capital/

MFI launches 15 ATMs in Cambodia

27 December 2012
The Phnom Penh Post
Banking and financial services / Economy and commerce / Investment
borrowers / Cambodia Microfinance Association (CMA) / depositors / German aid / Hattha Kasekar Limited (HKL) / loans / microfinance institutions (MFI) / microfinance sector / Prasac

Hattha Kasekar Limited (HKL), one of Cambodia’s largest microfinance institutions (MFI), plans to install 15 ATM machines to service its increasing number of depositors. It becomes the second MFI after Prasac in Cambodia to provide this service to its clients. ... ...

http://www.phnompenhpost.com/2012122760495/Business/mfi-launches-15-atms-in-cambodia.html

MFI deposits seen growing

8 November 2012
The Phnom Penh Post
Banking and financial services / Economy and commerce
ACLEDA Bank / Amret MFI / ATM / banking / business operations / Cambodia Microfinance Association (CMA) / Cambodia’s largest MFIs / Cambodia’s macro-economic / European financial crisis / Hattha Kaksekar Limited / Micro-loans / microfinance institutions (MFI) / non-performing loan [NPL] / Prasac

The value of deposits with Cambodia’s 31 microfinance institutions grew more than 96 per cent in the first nine months of the year compared to last year, a rise industry experts say is due to the political stability and economic growth of the Kingdom. Official data ...

http://www.phnompenhpost.com/index.php/2012110859631/Business/mfi-deposits-seen-growing.html

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