News

Bank loan portfolios set to be at least 10% in local currency

Cambodian commercial banks are showing a stronger preference to provide riel loans to microfinance institutions (MFI) as they rush to increase the share of local currency in their loan portfolio to at least 10 per cent by the end of next year. ...

Hor Kimsay
https://www.phnompenhpost.com/business/bank-loan-portfolios-set-be-least-10-local-currency

Prasac ups paid up capital

One of the Kingdom’s largest microfinance institutions (MFI), Prasac MFI, increased its paid up share capital by $29 million in a bid to increase public confidence and comply with the National Bank of Cambodia’s (NBC) requirements. ...

May Kunmakara
http://www.khmertimeskh.com/news/27959/prasac-ups-paid-up-capital/

MFI launches 15 ATMs in Cambodia

Hattha Kasekar Limited (HKL), one of Cambodia’s largest microfinance institutions (MFI), plans to install 15 ATM machines to service its increasing number of depositors. It becomes the second MFI after Prasac in Cambodia to provide this service to its clients. ...

http://www.phnompenhpost.com/2012122760495/Business/mfi-launches-15-atms-in-cambodia.html

MFI deposits seen growing

The value of deposits with Cambodia’s 31 microfinance institutions grew more than 96 per cent in the first nine months of the year compared to last year, a rise industry experts say is due to the political stability and economic growth of the Kingdom. Official data ...

http://www.phnompenhpost.com/index.php/2012110859631/Business/mfi-deposits-seen-growing.html

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