1st Anniversary Hattha Kaksekar Limited & Krungsri

Phnom Penh 29 September 2017: Hattha Kaksekar Limited, the leading microfinance institution in Cambodia, has celebrated its 1st year anniversary after being integrated with Krungsri, the 5th largest commercial bank in Thailand. The ceremony was organized at the HKL’s Head Quarter with the honorable presence of the board of directors, senior management and staff of HKL, and senior management of Krungsri.

In the event, Oknha Hout Ieng Tong, President and CEO of HKL briefly remarked on the journey of integration and the great support from the parent company and the board of directors including business development, operational performance, system infrastructure and also human capital development. Oknha Hout Ieng Tong said “HKL had been successfully integrated with Krungsri in September 2016. After the integration, I had noticed that we have very great support from our parent company. Krungsri had invited some of our top management and staff to get intensive training related to business development, product development, collection, risk, compliance, and etc. More interestingly, Krungsri’s experts have also joined so as to enhance our current business performance as well”. He also focused that with the strong support from the board of directors and some business experts from Krungsri, HKL business has been growing quite well in both credit and non-credit products. This is an evidence to prove that HKL will surely become a leading microfinance institution in Cambodia.

Mr. Dan Harsono, Senior Executive Vice President of Bank of Ayudhya (Krungsri) and chairman of the board of directors of HKL expressed his thankfulness to HKL’s management and staff for their great efforts to bring a huge achievement for HKL. He emphasized that there was a lot of improvement in both business development and business performance as well as system infrastructure and risk management. He said that “On behalf of the parent company, we would like to congratulate to HKL management and staff for their industrial achievement of business performance.” To grow in align with our business direction, in the name of board of directors and parent company, we will keep providing more support and guidance as needed in terms of strategy, technology and human capital, and we need more commitment for transforming HKL to a commercial bank in the future. Mr. Dan Harsono added “To achieve our midterm business plan, we need support and commitment from management and staff of HKL in order to build good corporate governance, flexible and effective business process, strong monitoring and evaluation, competent human capital, and etc. ”

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Achievement YTD January 31, 2020
Number of Office 177
Headquarter 1
Total Number of Staff 4,568
Male 3,321
Female 1,247
Loan Outstanding USD 1,087 M
Number of Active Borrower 172,169
Deposit USD 591 M
Active Customer 262,498
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