Cambodia's largest microfinance institution Prasac has raised its registered capital from $110 million to $168 million, an amount five times larger than the National Bank of Cambodia’s (NBC) ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. PRASAC has transformed itself from a credit component of a European Union ...

South Korean financial giant Woori Bank, widely seen as the preferred bidder for a 50 per cent stake in Cambodian microlender Prasac, is out of the running as it was not presented to the central bank ...

Compass Plus, an international provider of retail banking and electronic payments software for processors and financial institutions, has announced that the largest microfinance institution in ...

The CSE witnessed an exceptional rally on LOLC Group stocks yesterday following an announcement by the company that it has received the second and final tranche of US $ 225 million in the sale of its ...

The realities of microfinance lending in small developing countries which lack strong financial regulators has been once again illustrated by new research on the role of South Korean banks in Cambodia ...

LOLC International Private Limited, a wholly owned subsidiary of Lanka Orix Leasing Company PLC (LOLC), together with Hong Kong’s largest independent bank, The Bank of East Asia Limited (BEA), have ...

Since 2017, I have covered South Korea’s political and economic landscape as a reporter, with a focus on foreign affairs, inter-Korean relations and security. As a foreign affairs reporter, I closely ...

KB Kookmin Bank held a grand opening ceremony for KB PRASAC Bank in Phnom Penh, the capital of Cambodia, Friday, the bank said Sunday. The bank said that approximately 700 individuals attended the ...

The LOLC Group announced on Monday that it has sealed a deal that it entered into in January this year to sell a majority stake in a Cambodian company. In January this year, the LOLC Group announced ...

LOLC International Private Limited, a wholly owned subsidiary of Lanka Orix Leasing Company PLC (LOLC), together with Hong Kong’s largest independent bank, The Bank of East Asia Limited (BEA), have ...