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PRASAC Microfinance Institution Plc, which has a corporate bond listed on the Cambodia Securities Exchange (CSX), reported sound business performance last year, which has been interpreted by some as a reflection of the upbeat pace of post-Covid-19 recovery in local economic activities.
Local microfinance institution (MFI) First Finance Plc has reportedly found backers for its plans to extend access to affordable housing finance to low- or middle-income borrowers.
Prasac Microfinance Institution Plc announced that it has increased its registered capital by one-third to 1.6 trillion riel ($400 million) as it seeks to emerge as a full-fledged commercial bank after spending many years in the pursuit.