Microfinance institutions have seen rapid growth over the last few years, and continue to form an important and expanding part of Cambodia’s emerging economy.

Prasac, Cambodia’s biggest MFI when measured by outstanding loans, has grown to the point where it now plans to become a licensed commercial bank, which the Post reported last week.

c769120307 09Post reporter May Kunmakara sat down with Prasac president and CEO Sim Senacheert to discuss the state of the Kingdom’s MFI industry.


Cambodia’s top micro manager

About the author

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Sign Up for Our Newsletter

Get notified of our weekly selection of news

You May Also Like

TAT and Visa sign MoU to boost tourists spending

The Tourism Authority of Thailand (TAT) and Visa have signed a Memorandum of Understanding (MoU) for the latest collaboration on innovative data-driven marketing strategies with the objective of encouraging Visa cardholders from overseas to spend more while travelling in Thailand.

China massive first-mover advantage in Central Bank Digital Currencies (CBDCs)

Central Bank Digital Currencies (CBDCs) have the potential to disrupt dollar dominance and transform the mechanics of the global financial system by providing faster and cheaper ways to settle international trade and financial transactions