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
 2011-

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
 2016-

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