Microlender in monster deal

20 March 2017
The Phnom Penh Post
Banking and financial services / Micro-finance
Lanka Orix Leasing Company (LOLC) / microfinance institution (MFI) / Prasac

Hong Kong financial giant The Bank of East Asia and Sri Lanka’s LOLC announced on Friday that they have jointly acquired a majority stake in Prasac Microfinance, Cambodia’s largest microfinance institution (MFI) by assets, in what could be the largest acquisition of a Cambodian lender to date. …

 Kali Kotoski
http://www.phnompenhpost.com/business/microlender-monster-deal

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