Hattha Kaksekar expand business to cover Consumer Finance Market

Phnom Penh – December 13, 2019:  Hattha Kaksekar Limitied (HKL), is recognized one of the leading Microfinance Institutions in Cambodia, officially announced to expand the business by offering the Consumer Finance product into the potential market. The announcement was made in the Press Conference under the theme of “Simpler and Cooler” which was held at lobby of Major Cineplex at Aeon Mall Phnom Penh and attended by over 70 distinguish guests including senior management of HKL, business partners and journalists.

The officially launched of the Consumer Finance product indicated one the HKL’s big ambitions that has made a significant move in expanding the business into the competitive market with the commitment to provide customers with the better, comprehensive solutions and more efficient financial services.
Mr. Wanchairabin Jitwattanatam (Eddy), Deputy Chief Executive Officer of HKL saidAs the country and economy is growing, there are more demands from people who wish improve their lifestyle and overall well-being of their families”.  He continued “HKL see this is the great opportunity to serve the growing market and bring delightful experience to our potential customers to fulfill their needs and dreams”. He added “HKL has already launched few Consumer Finance Product lines called Cardkri Loan and Hattha First Choice, and we plan to launch more products in the near future such as Auto Loan and Leasing to fulfill needs in the market”

Mr. Leng Vandy, Director of Project Management Office of HKL pointed out the key features of HKL’s Consumer Finance which he strongly believed that this product will be well interested by many customers with the simple process and document, reasonable interest rate, competitiveness, transparency, and fast turnaround time. He said “One of HKL’s Consumer Finance Product, Hattha First Choice had been pilot tested in Phnom Penh for 5 months and received many loan applications from different branches and 100 business partners/dealers have been cooperated”. “We plan to provide Consumer Finance Product such as Cardkri Loan, Hattha First Choice, and Hattha Auto to the potential provinces of Cambodia in this upcoming 2020” Vandy added.Hattha Kaksekar Limited has been operating in Cambodia for more than 25 years to provide the exceptional financial services to the customers. Currently, HKL has 176 branch offices to offer the variety of financial services such as Loan, Deposit, Money Transfer, Payroll, and Mobile Banking services along with 129 ATMs in 25 provinces and cities nationwide.

Hattha Kaksekar is a subsidiary of Bank of Ayudhya (Krungsri), the fifth largest commercial bank in Thailand, and a member of MUFG Bank which is the largest banking group in Japan, and also 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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