The Cambodian banking sector is heavily regulated, complex and fast moving. With a comparatively strong regulatory framework, the banking sector is a solid value proposition for the more risk averse.
VDB Loi works closely with the regulatory bodies that shape the industry, so we know your business. Whether you want to establish yourself as a major player in the banking market, or are looking to provide boutique financial services to a growing consumer class, you can turn to VDB Loi for comprehensive services.
With the profit potential in the banking sector, sitting on the sidelines is not an option, so let VDB Loi be your partner. We understand international standards and best practices, but we also have the practical experience needed to apply these standards to local markets.
In Cambodia, microfinance forms a cornerstone of economic growth, consumer spending and future growth. Cambodia’s biggest bank started as a microfinance institution, and others are eager to follow that model. However, microfinance companies in Cambodia face unique risks that are specific to the country, culture and even province. Our professionals understand the microfinance market like few others, and we take the time to listen to our clients’ needs.
Whether the issue is obtaining a license, obtaining external financing or acquiring an existing microfinance entity, VDB Loi has the knowledge and experience to be a partner in the microfinance sector. With experience in both the commercial and policy aspects of the Cambodian market, we can offer excellent familiarity with your business needs.
Whether you are a major player or a small social venture, VDB Loi provides the same high standard of service and helps make your business work.
Rapid growth in Cambodia has resulted in a rapidly growing middle class with all the consumer wants and needs of more developed markets. Yet extremely high local interest rates and generally poor access to capital excludes too many from the benefits of this growth. Consumer finance is an important bridge for Cambodia and looks to become a crucial driver of economic growth.
Recent regulatory improvements in the financial leasing sector have opened the door for investment, but the laws are so new that the sector remains small. Meanwhile, consumption of goods like motorbikes, cellphones and household appliances is skyrocketing, so the underserved consumer finance market has tremendous growth potential for the right investor.
If you are that investor, turn to VDB Loi for crucial advice and guidance, as many other investors already have. We have the expertise to open up this growth potential, guiding you through the regulatory process, securing financing and establishing contract and tax policies that protect your investment.
We have worked with established banks, emerging financial companies and consumer service companies to establish a tailored consumer finance business that fits their needs. Our integrated legal and tax practice is of particular benefit in the consumer finance sector, as we can provide a one-stop shop for business development and operation.
Insurance is a fairly new concept in Cambodia and new insurance markets are popping up with regularity. The first life insurance companies arrived in 2012, and complex insurance products and reinsurance products remain almost nonexistent. Yet Cambodia is a high-risk market, and the need for insurance is clear. This is the kind of market inconsistency where VDB Loi sees the potential for growth.
With new laws and regulations rapidly coming into force, a local ally is essential for tapping this potential. We can assist you in identifying these opportunities and guiding your investment into this sector. While this market remains small, VDB Loi has already positioned itself as a leader in the insurance market.