Korea’s KB Kookmin Bank says completes acquisition of Prasac

22 October 2021
The Phnom Penh Post
Banking and financial services / Micro-finance
acquisition / KB Kookmin / PRASAC Microfinance Institution

South Korea’s KB Kookmin Bank, New York-listed KB Financial Group Inc’s (KB) commercial banking unit, on October 20 announced the completion of the acquisition the remaining 30 per cent interest in Prasac, Cambodia’s largest microfinance institution, as it expands its business into the Kingdom’s financial industry. …

 May Kunmakara
https://www.phnompenhpost.com/business/koreas-kb-kookmin-bank-says-completes-acquisition-prasac

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