Phnom Penh, September 15, 2022: LOLC (Cambodia)
Plc., One of the leading deposit-taking microfinance institutions in Cambodia,
has officially announced the launch of its New Branch (Khan Meanchey Branch -
Sangkat Steung Meanchey 2), Address No. 341, Steet No. Monireth, Phum Phneat, Khan Mean Chey, Sangkat Stueng Mean Chey 2, Phnom Penh (next to Steung Meanchey flyover). This additional branch opening has increased LOLC's total branch network to 83 locations
Mr. Sok Voeun, CEO of LOLC Cambodia, this new
branch opening is in response to support customers for faster and more
convenient with the highest confidence through the network of LOLC branch
offices closest to the customers.
He added, through this mature experience in
providing financial services in Cambodia for the past three decades, LOLC is renowned for delivering financial solutions that meet the needs of Cambodian families, entrepreneurs and customers who look for economic opportunity to transform the quality of their lives in line with our vision
to be the most trusted provider of inclusive financial services in Cambodia.
As of Q2-2022, LOLC has total assets USD 1,428
million, total loan portfolio USD 1,210 million, total deposits balance USD 736
million, with more than 500,000 clients across the country.
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