Company Milestones

With more than 23 years of record as a professional financial service player, KREDIT has passed many remarkable milestones summarizing as below:
 1993 - Named CREDIT and functioned as a project of World Relief Cambodia.
 2004- Secured the license from the National Bank of Cambodia (the NBC) as a formal microfinance institution (MFI).
 2010- Received Micro-Deposit-Taking Institution (MDI) license from the NBC so that KREDIT can collect saving from the public. Social performance paper developed and approved in principle by the BoD

i.Revised vision, mission, and core values as well as name and logo
ii.Summited the request to the NBC for approval on the restructuring of shareholders: PhillipCapital to get in while World Relief Canada and World Hope to move out

 2012- PhillipCapital officially become a major shareholder of KREDIT
 2014- Successfully merged with CBIRD, another MFI which was also owned by PhillipCapital group
 2015- New Core Banking System “Oracle Flexcube” goes live

i.One of the top Cambodian MFIs with a total asset of $175,36 million, 1,679 staff, and is operating in 20 out of 25 provinces.  KREDIT is managing 83,555 borrowing accounts with loan outstanding $142,32million, 60,186 saving accounts with total saving value of $68,79 million using 83 offices.
ii.Launched ATM Service
iii.Launched Service Package: Payroll, Personnel Loan, Working Capital Loan
iv.Launched FAST Payment Service
v.Certified Client Protection Principles