FMO has successfully completed the sale of a 50% stake in Cambodian microfinance institution Amret to Bank SinoPac, who will continue to uphold Amret's mission and enhance its sustainable growth.

Target Information

Amret is a prominent microfinance institution in Cambodia, recognized as one of the top ten financial institutions in the country. With a solid track record in microfinance, Amret plays a crucial role in providing financial services to underserved populations, thereby contributing to financial inclusion and economic development in Cambodia. FMO, the Dutch entrepreneurial development bank, has been a shareholder in Amret since 2008 and has played a significant role in its growth and operational strategies.

Industry Overview in Cambodia

The financial services industry in Cambodia has experienced rapid growth in recent years, characterized by an increasing number of microfinance institutions and banking entities. This growth is driven by a large unbanked population and the demand for accessible financial services. As a result, microfinance has become a vital sector that supports entrepreneurship and poverty alleviation.

Moreover, the Cambodian government has been actively promoting financial inclusion policies, which have further stimulated the development of the microfinance sector. Initiativ