Siem Reap Province – 2019 is the year that AMK Microfinance Institution has significantly grown, whereas the institution is providing Small and Medium Enterprise (SME) loan up to USD 100,000. At the same time, AMK launched the financial leasing service with greater interest from our clients. More importantly, AMK just piloted a mobile banking service, said Mr. Kea Borann, AMK CEO at the Annual Management Workshop on 10th December 2019.
AMK Microfinance Institution holds its Annual Management Workshop with the theme “Year of Innovation and Productivities” to conclude 2019 achievements, recognize its staff efforts and contributions, and layout strategic plan for the following year.
“In 2019, AMK loan disbursement increased by 10%, and loan portfolio by 30% compared to 2018. This is a positive sign showing that AMK’s clients continue to support and trust our services,” said Mr. Kea Borann. “The increase in the loan portfolio is due to AMK continues to provide small business loans to rural people, develop new adequate products, especially, leasing and SME loan. Keeping update in the new digital era, we invest in new technologies, especially mobile banking, which will be officially launched for our customers shortly.”
During the meeting, Mr. Borann expresses his sincere thanks to the management and staff for their dedication and hard work, regardless of time and effort to achieve AMK’s goals. He encourages everyone to continue their effort and commitment for the following year. On that occasion, there is an award ceremony of outstanding and loyal staff and best customer service branches that contributed to achieving AMK goals for this whole year.
AMK MFI Plc is one of the leading microfinance in terms of outreach and customer we served. As of October of 2019, AMK served nearly 900,000 customers, with a loan portfolio of over USD 315 million, and a deposit with around USD 177 million and operates in 90% of total villages with 149 offices over 5,000 Agents running in 25 provinces and cities across Cambodia. AMK provides a variety of adequate financial services, including loans, deposit, leasing, money transfers, micro-insurance, Bill Payment, Payroll Service, Agent Banking, Mobile Banking, ATM/DCM, and other affordable financial services.