A Saving Account offers clients an easy and simple way to Withdraw, Deposit, and Transfer money at any time and any place with no limitation. It is the best choice for clients who want to keep their money safe and also for those who need to use money daily. Open a saving account with LOLC now, you will be able to manage your cash flow and achieve your financial goal by reducing risk and cutting down any unnecessary expenses, thus increasing the efficiency of your cash management. Product Features: Currency Type: KHR, USD, THB Initial Deposit/Minimum Balance: Optional for initial balance Interest Payment: Interest is accrued daily and capitalized at every month end Account Type: Individual Account, Joint Account, Corporate Account Transaction Channel: At LOLC counter during business hours, Through iPay Cambodia, Though ATM Machine 24/7 under CSS Members, Through e-Banking/Internet Banking Withholding Tax: Resident 4%, Non-resident 14%, Bank/Microfinance/ Government 0% Saving Interest Rate: Individual/Non-Financial Institution: KHR/USD/THB, 3% Financial Institution: KHR/USD/THB, 1% Fee Charge: Request for new Savings Passbook (lost or damaged): 20,000, 5.00, 200 Request for Account Balance Confirmation: 20,000, 5.00, 200 Dormant account’s annual fee charge: 20,000, 5.00, 200 Request to Close Savings Account before one month after opening date: 20,000, 5.00, 200
Organization Structure The organizational chart of LOLC displays main executives and key members. This is the latest structure which is established to accelerate the next phase of LOLC’s vision and strategy.
The Audit Committee is the standing committee of the Board of Directors.The purpose of the committee is to assist the Board of Directors in fulfilling its oversight responsibility relating to:
The highlight provide insight into LOLC (Cambodia) Plc. performance and how far the financial institution have achieved recently. It provides brief information on LOLC’s operation such as number of staffs, net income, assets and much more. Visit the table below to find out more. Operational Highlight
Below are the Financial Statements audited by the External Auditor available in the PDF format:
Financial Statements For the Year Ended 31 December 2021 Financial Statements For the Year Ended 31 December 2020 Financial Statements For the Year Ended 31 December 2019 Financial Statements For the Year Ended 31 December 2018 Financial Statements For the Year Ended 31 December 2017 Financial Statements For the Year Ended 31 December 2016 Financial Statements For the Year Ended 31 December 2015 Financial Statements For the Year Ended 31 December 2014 Financial Statements For the Year Ended 31 December 2013 Financial Statements For the Year Ended 31 December 2012 Financial Statements For the Year Ended 31 December 2011
Financial Statements For the Year Ended 31 December 2010 Financial Statements For the Year Ended 31 December 2009
Financial Statements For the Year Ended 31 December 2008 Financial Statements For the Year Ended 31 December 2007 Financial Statements For the Year Ended 31 December 2006
Financial Statements For the Year Ended 31 December 2005 Financial Statements For the Year Ended 31 December 2004
Financial Statements For the Year Ended 31 December 2003
Audited Financial Statement
Rating is an accreditation from the international recognized entity on the microfinance in the field of social practice, credit/ financial performance, information security, and client protection. The latest rating as well as the rating from the previous year is available for download below: Financial Rating 2020 Social Rating 2020 Institutional Rating 2017 Company Report 2014 Social Rating 2014 Institutional Rating 2014
As a financial institution that is committed to transparency, LOLC (Cambodia) Plc. offers public access to its Annual Reports. The reports are available to download in PDF files format.
The guideline regarding code of conduct and complaint handing process are available to download below:
Code of Conduct and Ethics
Complaint Handling Process
Prohibited Activities of LOLC
Client Credit Discipline By Using A4 Metacard
Avoidance and High Cautious Activities for LOLC Staffs
Financial lease (FL) is offered to clients who wish to use movable assets such as motorbikes, tricycles, cars and agriculture machineries, heavy equipment for their daily business or personal activities in long-term financing period without investing their own capital or using working capital. LOLC authorizes client to fully manage and use the identified movable assets during the lease period. Client can become its legal owner at the end of lease period by just paying monthly lease fee to LOLC including insurance fee charges. Currency: USD, Lease Amount: up to 50,000, Lease Rate Per Month: 1.4% - 1.5%, Lease Term: 12 – 60 months. Fee: Processing fee is charged from 1% - 1.5% per cycle. Insurance and administration fee is charged from USD 10 – USD 50 per month.
LOLC ATM Card offers you high convenience and security in managing your cash better. With the card, you can perform self-banking transactions with CSS members such as: Cash Withdrawal, Purchase, Balance Inquiry, PIN Change, Mini Statement and Fund Transfer within LOLC/Inter Bank Fund Transfer. Product Features: Currency: KHR, USD Initial Deposit or Minimum Balance: Customer shall be to have balance KHR 40,000 or USD 10 in account ATM Transaction Type: 1. Via ATM Machine: Cash Withdrawal /Fast Cash, Balance Inquiry, Mini Statement, Transfer within LOLC/Inter Bank Fund Transfer, PIN Change 2. Via POS Machine: Purchase, Cash Withdrawal, Refund, Purchase Reversal, Balance Inquiry Account condition for request ATM Card: Single Account, Joint Account (Any One Of Us): Ex: If an account joint there are 2 or 3 people, each customer can request an ATM card by signature or respective thumbprint. Account Linking to Card: On ATM Card can link to only one saving account and one customer can request maximum 2 cards by link different of saving accounts as free of charge. In case of more 2 ATM Cards, customer is required to pay fee to LOLC. Amount and Transaction number with CSS member: 1,000 USD/tran, 1,000 USD/day, Transaction 10 times/day, note: Amount per transaction based on Acquire (ACQ). Conditions for Required to Fill out the Form LOLC ATM Card: In case the customer comes to any LOLC branches to request as following, application form is required, First Issuing ATM card, Request for replacement of ATM Card (Damage or Lost), Request new PIN, Request to cancel ATM Card, Request block ATM Card, Request unblock ATM Card, Request clear PIN code number, Request to modify ATM Card Fee Charge: Any transactions via ATM & POS under CSS members: Free of charge Request for ATM Card more than 2 cards: 5 USD, 20,000 KHR Request for replace ATM Card (Lost/stolen or damage): 5 USD, 20,000 KHR Close ATM Card before 3 months: 5 USD, 20,000 KHR