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LOLC Cambodia Celebrates Its Official Bond Listing

April Reposar / Khmer Times Share:
From left: Mr. Sok Voeun, Chief Executive Officer of LOLC (Cambodia) Plc., H.E Chan Thy, H.E Chou Vannak, H.E Sou Socheat, H.E Neav Chanthana, Mr. Ishahara Nanayakkara, Mr. KT Han and Mr. Sim Senacheert.

LOLC Cambodia successfully obtained official approval from the National Bank of Cambodia, Securities and Exchange Commission of Cambodia (SECC) and Cambodia Securities Exchange (CSX). Mr. Sok Voeun, the Chief Executive Officer of LOLC (Cambodia) said the official approval on bond listing demonstrates LOLC (Cambodia) is a qualified microfinance institution. Afore the applicable law, LOLC’s financial transparency have strong financial condition and the company fully conform to relevant laws and regulation. He added that the bond listing will make LOLC more renowned in the financial institution and especially to the public. Furthermore, corporate bond is an additional funding strategy to diversify their sources of funding, which is secured and long-running.

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