The microfinance sector’s nonperforming loan (NPL) ratio decreased to 2.27 percent.
PRASAC follows up financial concerns of a “technical default”.
More than 260,000 applicants received approval to restructure their loans.
NBC: Microfinance industry should not be held accountable for unregulated microloans.
The non-performing loan rate for Cambodia’s microfinance industry remains stable.
A NBC book traces the development of microfinance in Cambodia from its origins.
Microfinance institutions approve loan restructures for over 180,000 customers.
NBC asks commercial banks to send it the smallest US dollar banknotes.
CCHR requests microfinance institutions to suspend all loan repayments.
KB Kookmin Bank pays $603M for a 70% stake of Prasac Microfinance Institution.
Move seen as initiative to curb fiscal impact of COVID-19
Hattha Kaksekar and LOLC Cambodia announce strong performance growth last year.
Cambodia needs to ease credit and provide help to indebted households: World Bank.
CMA says it has taken steps to fulfil its tax obligations to the government.
LOLC Cambodia reports assets of more than $1 billion as of December last year.
A financial project to help Cambodians access formal financial services via education.
The microfinance sector will continue to stay healthy: Kea Borann.
LOLC Cambodia increases its loan portfolio by 28 percent in 2019.
Access to banks’ loans improve people’s living standards: industry insiders say.
The recent controversial report entitled “Collateral Damage” published by LICADHO and Sahmakum Tean Tnaut has stirred public debate and created misunderstanding on the whole situation of the microfinance in Cambodia.
The Cambodia Microfinance Association dismisses a report noting abuses.
Appeal Court hears the case of an NGO vice president convicted in 2016 for cheating.
Hattha Kaksekar reports income increase.
Outstanding loans expand by 9.3 percent compared to the last quarter of 2018, reaching over $6 billion.
The Credit Bureau Cambodia (CBC) announced that it will launch the Commercial Credit Reporting System [CCRC] by the end of May.
LOLC to probably be granted permission to issue corporate bonds this month.
The rise of lending institutions skyrocket.
LOLC (Cambodia) Plc., a leading microfinance deposit-taking institution in the Kingdom, plans to raise $20 million by issuing corporate bonds on the Cambodia Securities Exchange (CSX).
The National Bank of Cambodia says the local banking and microfinance industry saw healthy growth in 2018, with total assets expanding by 19.4 percent year-on-year to reach about $40 billion.
A training session on microfinance is set.