Hattha Kaksekar Limited Officially Launches High Yield Saving Account (HYSA) Offering Highest Interest Rate up to 5.5%

Phnom Penh, October 2nd, 2018 – Because of trustworthiness and fully support from customers, Hattha Kaksekar Limited, one of the leading Micro-finance Deposit Taking Institutions in Cambodia, officially launches HYSA to fulfill increasing needs of customers.   

 “Currently, it’s been noticed that the Saving Accounts are offering very low interest rate which the customers could not earning much from banks or microfinance institutions. The clients can choose type of savings offering high interest rate by choosing Term Deposit, however they could not withdraw before maturity date,they have to wait until deposit maturity. We believe that our new product being launched today will help to solve those problems,” said Mech Sokmetrey, Chief Business Officer of Hattha Kaksekar Limited.   
Throught HYSA, the customer will get ever highest interest rate in the market and they make cash withdrawal easily at anytime via 178 offices nationwide, more than 120 ATMs nationwide, and modern Mobile Banking. For those customer who open HYSA from this period, they will get the interest rate up to 5.5% per annum. 
“Hattha Kaksekar Limited is always pay high attention to all clients by creating new products to fulfil their demand for supporting their family and business growth. HYSA launched today is the example.” said Oknha Hout Ieng Tong, President and CEO of Hattha Kaksekar Limited. 
With HYSA, the clients will also get extra benefit such as free of charge for first passbook issuance, free of charge for ATM service registration and maintenance fee for first year, and free of charge Mobile Banking service registration and maintenance fee for first year. 
Those who interested in HYSA, please reach Hattha Kaksekar Limited at the nearest office or contact us at 023 999 666. 
 About Hattha Kaksekar Limited:   
HKL is the third largest micro-finance deposit-taking institution in Cambodia, licensed by National Bank of Cambodia. Having been operating for more than 20 years in the market, HKL is one of the leading MFIs to provide diversified financial services to micro and small business and consumer such as micro & small business & SME loan, housing loan, home improvement loan, Savings & Deposit, Money Transfer and other financial services through its 178 branches and 129 ATM (24/7) terminal nationwide. HKL also has an easy and smart mobile banking to serve customer anywhere anytime. As of August 2018, HKL deposit balance stood at USD 420 million with 230,000 depositors, while credit portfolio accounted for USD 683 million with more than 130,000 borrowers. HKL’s total asset was USD 843 million.
In 2016, HKL is subsidiary company a wholly-owned of the fifth largest bank in Thailand, Bank of Ayudhya (Krungsri), a member of MUFG Bank, Japan’s largest banking group; and one of the largest and most diversified financial groups in the world.

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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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