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Kandal Province, June 12, 2026 – To continue delivering the best financial solutions to customers, LOLC has officially launched the Prosperity Gold Loan product at Kandal Provincial Branch, effective from June 12, 2026, onwards.
This product has been developed to meet customers’ urgent cash needs by allowing them to preserve their assets without having to sell them, while still obtaining funds for immediate use through the pledging of gold and platinum assets as collateral. What makes this product unique is its speed and convenience. Customers can receive cash in as little as 15 minutes, providing a fast and hassle-free financing solution whenever they need immediate access to funds.
The official launch ceremony was attended by LOLC’s management team and staff, as well as a large number of customers from the local community. Participants were invited to learn more about this product and how it can effectively help address their day-to-day financial needs.
It is also worth noting that LOLC places the highest priority on the security of customers’ assets through a high-standard storage system and stringent management procedures. These measures ensure that customers’ gold assets are safeguarded securely, providing customers with confidence and peace of mind.
Mr. Romesh Perera, Chief Channel Officer of LOLC, stated: “Gold and platinum assets are not merely assets for adornment or safekeeping; they can also serve as capital for creating new opportunities. Therefore, this product has been developed to help customers transform their existing assets into readily accessible cash that can be used immediately whenever needed.”
He further added that the Prosperity Gold Loan has received remarkable support from customers. As a result, LOLC plans to expand this product to branches across all 25 provinces and the capital city of Cambodia, enabling customers in every region to access the same service.
Regarding the loan application requirements, customers must be between 18 and 65 years old and possess a valid Cambodian National Identity Card or passport. Eligible gold collateral includes gold bars, gold coins, and other gold items with a purity ranging from 6.7 to 10 (equivalent to 16 to 24 karats). Each gold item must have a minimum weight of 1 chi (3.75 grams).
LOLC is a trusted financial partner committed to supporting customers in expanding their opportunities for growth through inclusive financial solutions and a strong commitment to customer care. Guided by sustainable business practices, LOLC is dedicated to creating long-term value for its customers and all stakeholders. For more information about the product, please contact: 023 991 991 / 014 991 991 / 096 3 991 991 / 031 3 991 991
LOLC (Cambodia) Plc. has been serving Cambodian public and society for over 32 years, and has been recognized by both local and international financial authorities. Our products and services are committed to improving the livelihood of Cambodian customers.
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