News
KB Financial Group unveils Global Digital Banking service in Cambodia
The KB Global Digital Bank is a rechargeable wallet-based mobile banking service which combines both financial services, such as account, wire transfer, overseas remittance and P2P payment, and non-financial services like messaging. ...
Big strides for savings in MFIs
Microfinance deposits are on the rise, a positive trend that the industry says is moving the country towards a reduced dependency on foreign funding and that will eventually lead to greater control over interest rates. The seven microfinance institutions licensed to take deposits collected $209 million ...
Hor Kimsay
http://www.phnompenhpost.com/business/big-strides-savings-mfis
Lender singled out after documentary
Some 1,000 employees from one of Cambodia’s largest microfinance institutions gathered in the Koh Pich exhibition hall yesterday to watch A River Changes Course, the award-winning documentary about three Cambodians from different backgrounds all struggling to eke out a living in fast-changing times. Why Angkor Mikroheranhvatho (Kampuchea) ...
Joe Freeman
http://www.phnompenhpost.com/business/lender-singled-out-after-documentary
Huge Increase in MFI Loans, Deposits
More economic activity and a better understanding of using formal financial services among rural residents are leading to good loan performance rates and increases in savings deposits in Cambodia’s microfinance industry, according to industry sources. The loan portfolios of the 35 registered microfinance institutions (MFI) and ...
http://www.phnompenhpost.com/2013050265366/Business/huge-increase-in-mfi-loans-deposits.html
Local MFIs’ high-tech investment
The first time Leang Horng, a resident of Kandal province’s Saang district, made use of a micro-finance institution, a loan was the only service he needed. At that time, Horng had no idea about deposits or money transfers. But things have changed in the past few ...
http://www.phnompenhpost.com/2013022661599/Business/local-mfis-high-tech-investment.html
Banks give students some tips
The first Banking Careers Forum, organised on Friday by CamEd Business School with the support of leading banks and Micro Finance Institutions (MFIs), attracted hundreds of students – the majority of them studying accounting and banking – to participate and find job opportunities in the ...
http://www.phnompenhpost.com/2013010760648/Business/banks-give-students-some-tips.html
Microcredit Repayments
While rising inflation poses some financial challenges for rural farmers, it generally isn’t preventing them from paying off loans from microfinance institutions (MFIs). Farmers tend to be able to pay their loans off even though higher prices of food, fuel, fertilizer, pesticides, labor, and some ...
