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AMK was established in 2002 as a microfinance company to manage Irish NGO Concern Worldwide’s microfinance activities in Cambodia. [2] By 2003, AMK was functioning independently of Concern and subsequently received its license from the National Bank of Cambodia in 2004. In the following years, AMK experienced rapid growth in its core credit ...
This is a list of banks in Cambodia. As of July 31, 2020, there were 51 commercial banks, [1] 14 specialized banks, [2] 75 microfinance institutions, [3] 7 microfinance deposit-taking institutions, [4] 6 representative offices, [5] and 15 leasing companies [6] in Cambodia.
Intean Poalroath Rongroeurng (IPR) is a Cambodian microfinance institution focused on the domestic agricultural sector. IPR is headquartered in Phnom Penh, Cambodia, [1] and operates six branch offices including several service post offices in five provinces: Kandal, Takéo, Pursat, Batdambang, and Banteay Meanchey.
Location of Cambodia. Cambodia is a country located in the southern portion of the Indochinese Peninsula in Southeast Asia.The country is reported by various organisations to have numerous sociopolitical issues including widespread poverty (according to the World Bank), [1] pervasive corruption (according to Freedom House), [2] lack of political freedoms (according to Transparency ...
In the US and Canada, aims of microfinance include the graduation of recipients from welfare programs and an improvement in their credit rating. In the US, microfinance has created jobs directly and indirectly, as 60% of borrowers were able to hire others. [61] According to reports, every domestic microfinance loan creates 2.4 jobs. [62]
ACLEDA Securities Plc. is a brokerage firm registered, as a public limited corporation, under the law of the Kingdom of Cambodia, authorized by the National Bank of Cambodia and licensed by the Securities and Exchange Commission of Cambodia (SECC) to provide services as a securities' brokerage business to individual and institutional customers ...
Companies and stakeholders, on the other hand, benefit from borrower losses. In 2020, as the pandemic ravaged Cambodia's economy, "six of the country's eight biggest microfinance companies posted record earnings," while loanees were driven into devastating amounts of debt due to skyrocketing interest rates.
Prasac Microfinance Institution - One of the largest MF institutions in Cambodia - G11 Speedy in October and November, 2008 Prach Ly - notable Cambodian-American rap artist - A7 and G12 Speedy in April, May and July, 2007