Funan Microfinance Plc.
Business Overview
FUNAN is the subsidiary Company of Cambodia Post Bank Plc., operates its lending business through the 51 branches covering all potential areas both in the provincial and district towns. The shareholders of parent company is from the Candia Investment Holding (CIH) with 50% of share proportion, 45% is from The Fullerton Financial Holding (FFH)—the well-known financial investment in Singapore, and the state own company (Cambodia Post) is 5%.
While Cambodia Post Bank targets to Mass Market in Cambodia, the value proposition of FUNAN is to complement to its parent company’s market segment by specializing in micro loan lending to low income and rural people where the Bank is hard to access.