News

HKL took part in an exhibition while discussing microfinance amid global financial crisis

Hattha Kaksekar Limited (HKL) took part in a meeting and exhibition at Phnom Penh hotel for two-day which began on Wednesday 19-20 August 2009, while there was a conference on Cambodia’s Microfinance amid the Global Financial Crisis.

There were around 500 people from local and international institutions such as members of Cambodia Microfinance Association (CMA), senior microfinanciers, bankers, regulators, local authorities, and representatives of IFC and World Bank.  In particular, there had been a presence of H.E Chea Chanto, Governor of the National Bank of Cambodia.

This conference was supported by the International Financial Corporation (IFC) and the European Union (EU) and organized by the National Bank of Cambodia (NBC) and Cambodia Microfinance Association.

Cambodia is hosting a conference to talk on how microfinance can boost country's economy, promote financial inclusion, and enhance customer protection during this economic turmoil.

Within this event, Hattha Kaksekar Limited displayed its products including loan product, savings product, and local money transfer product to every participant.

Two new branches of HKL open its operations on 1^st of January 2009

On 1^st of January 2009, HKL celebrated it new branch opening in Takeo and Prey Veng. Throughout these two branches, people there will have more access to HKL’s products which are more flexible and affordable.

It is noted that HKL is one of the leading MFI in Cambodia. HKL is nowadays operating in 9 provinces including Kompong Chhang, Pursat, Battambang, Banteuy Meanchey, Siem Reap, Kompong Thom, Kompong Cham, Phnom Penh and Kandal.

By December 2008, HKL has almost USD $30 millions in loan portfolio and more than 44,000 borrowers. Deposit of HKL is around US$ 1.2 Millions.

These two branches will serve the customer in all business and agricultural sectors in the provinces by providing loan, savings and money transfer services in US Dollar, Khmer Riel, and Thai Baht.