Maruhan Japan Bank buys stake in MFI – Sathapana

12 November 2012
CBRE
Banking and financial services / Economy and commerce
Cambodia Community Building NGO / financial institution / FMO / Investment / Maruhan Japan Bank / Microfinance Institution / Sathapana / Shareholders

Maruhan Japan Bank yesterday became the first commercial bank in Cambodia to make a direct equity investment into a microfinance institution by becoming Sathapana’s majority shareholder, with a 95.1 per cent stake. Financial details were not disclosed. The shareholders who sold out to Maruhan were FMO, the international development bank of the Netherlands; Developing World Markets, a US-based asset manager specialising in microfinance investment; Tridos, the Netherlands-based global impact investor, Sathapana Employee Investment Limited and founding share holder; Cambodia Community Building NGO, according to a press release. …

http://www.cbre.com.kh/2012/11/maruhan-japan-bank-buys-stake-mfi-sathapana/