Local microfinance institute invests in new ATM network

20 July 2012
The Phnom Penh Post
Banking and financial services / Economy and commerce / Investment
ATM network / automated ATM process / company / Deposits / financial institution / Hattha Kaksekar Ltd / Hout Ieng Tong / invested / Microfinance Institution / Mobile Phones / repayment / SmartVista

Hattha Kaksekar Ltd, a local microfinance institution, has invested almost US$2 million in a new ATM network, the company announced yesterday. Hattha Kaksekar now has around $32 million in deposits and will become the first financial institution to use SmartVista, an automated ATM process which also allows repayment from mobile phones, said Hout Ieng Tong…

http://www.phnompenhpost.com/index.php/2012072057524/Business/mfi-to-invest-in-new-atm-network.html