Only Seven MFIs Qualified to Accept Clients’ Deposits

As of March, apart from commercial banks, National Bank of Cambodia (NBC) has qualified only seven microfinance institutions (MFIs) to accept deposits, according to its press release.

Issued last Wednesday, the release continued that the rest of MFIs are not granted the qualification to accept clients' deposits.

The seven qualified micro-financial institutions are Prasac, VisionFund (Cambodia) Ltd., Hattha Kaksekar Limited, AMK Plc., Kredit Plc., Amrit Co., Ltd., and LOLC (Cambodia) Plc., it listed.

Source: Agency Kampuchea Press