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Merger with Kookmin Sees Prasac Upgraded to Commercial Bank Status
The launch of KB Prasac Bank Plc following KB Kookmin’s $1 billion acquisition of Prasac has quite possibly reduced the number of commercial banks in the country by one, with the MDI segment down to four, signalling a consolidation of sorts in the banking sector
Cambodia’s largest microfinance institution (MFI), Prasac MFI Plc. Kiripost/Siv Channa
Sangeetha Amarthalingam
Published on:
Tue, 08 Aug 2023 - 12:21 PM
Updated on:
Tue, 08 Aug 2023 - 12:21 PM
~ 4 min read
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