Company Profile

Funan Microfinance Plc. is the subsidiary company of Cambodia post bank Plc.  established in  July 2011 as an NGO named

Cambodian Association Development (CAD) legally registered with Ministry of Interior   to provide the quality micro-loan to the

poor for developing their community. By the end of 2014, CAD had 49 branches, 821 staffs, more than 30,000 clients with loan

outstanding around US$4 Million.  

In August  11,  2015  Cambodian  Association  Development  (CAD)  received  the microfinance license from National Bank of

Cambodia  (NBC) named Funan  Microfinance Plc; and legally registered with other government authorities such as Ministry

of  Commerce  in  June 2015 and General Department  of Taxation in July 2015. All assets and liabilities of the CAD had been

transferred  and  received  officially  approval  by  the  National  Bank   of  Cambodia  in  August  11,  2015.  In  2016,  Funan

Microfinance Plc  had  49  branches,  733  employees, more than 30,311 clients and loan outstanding around US$ 10 Million.
On 30th  November  2016,  Cambodia Post Bank Plc. entered into a sale and purchase agreement (SPA) with the Company’s

shareholders  to  acquire 100%  shares of the  Company. This was subsequently approved by the National Bank of Cambodia

(NBC) on 4th April 2017 and approved by the Ministry of Commerce on 11 April 2017.
On May 12, 2017, Funan organized an official shares transfer event attended from new and existing shareholders, authorities,

staff and  management,  other  national and  international distinguished guests hold at City Hall, Koh Pich. During the year of

acquisition in 2017, Funan   Microfinance Plc. has been transformed and defined new target market segment compliment to

the  target  market  of its parents company, the Cambodia Post Bank PLc. In 2017, Funan had 51 branches, 638 employees,

19,825 clients, and the loan outstanding was increased to US$28.7 Million.