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International Data Group rewards LOLC two awards during its 7th Conference and International exhibition
25th June 2015, at Intercontinental Hotel, IDG collaborated with the Ministry of Post and Telecommunications Cambodia with the support from the National Bank of Cambodia organized the 7th conference and international exhibition about ICT and banking and microfinance Cambodia. The event was presided by H.E Neav Chanthana, Deputy Governor of the National Bank of Cambodia and there are many local and international distinguished guests from many national and international companies joint the event.
LOLC is the recipient of two awards, Outstanding Impressive branch MFI award and Outstanding Financial Performance MFI award for this 7th conference this year. Outstanding Financial Performance MFI aims to honor the microfinance which has strong financial performance and meet the criteria set by the judge committee while Outstanding Impressive branch MFI is to honor the microfinance whose one of its branch has most contribution over the other branches to the success of the whole microfinance institution.
“It is recognition to responsible success of LOLC for its outstanding financial and social performance of this year! LOLC just received the client protection principle certificate, the first MFI in Cambodia few weeks ago, for its standard of customer care. And now two more awards are coming for LOLC financial performance.” said Mr. Sok Voeurn, LOLC CEO.
“I, on behalf of senior management, would like to thank to all LOLC staff for their commitment and quality of works. These awards are results from their best quality of jobs contributed to LOLC” He continued.
The conference speakers also share about the emergence of new digital banking technology has made customers expect more efficient and personalized services, therefore raises the bar for banks in terms of banking operations, IT infrastructure, and banking services. Beside technology, case studies, new services/ products by banking and microfinance, improvement of retail operation efficiency, and a very good panel discussion about the banking and microfinance competitiveness are debated during the conference.
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