LOLC Group acquires 60 pct stake in Cambodian Microfinance Company for USD 20.3 Mn

16 September 2014
Lanka Business Online
Banking and financial services / Economy and commerce / Investment
Ishara Nanayakkara / Lanka Orix Leasing Company / LOLC Group / LOLC Micro Investments Ltd / PRASAC Micro Finance Institution Ltd / Sri Lanka / Thaneakea Phum Cambodia

Sri Lanka’s Lanka Orix Leasing Company acquired a 60 percent stake in Thaneakea Phum Cambodia (TPC) a microfinance company in Cambodia, for 20.3 million US dollars, identifying the immense potential in emerging economies of the South East Asian region the company said in a media release. …

 Lanka Business Online News Staff
http://www.lankabusinessonline.com/news/lolc-group-acquires-60-pct-stake-in-cambodian-microfinance-company-for-usd-20.3-mn/1806143502