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LOLC Recognised by National Authority for Combating Drugs for Outstanding Participation in Addressing the Drug Problem
LOLC Recognised by National Authority for Combating Drugs for Outstanding Participation in Addressing the Drug Problem
LOLC, one of the leading microfinance institutions in Cambodia, has
received a Certificate of Appreciation from the National Authority for
Combating Drugs (NACD). The certificate was presented in the presence of
Deputy Prime Minister and Minister of Interior, His Excellency Sar
Sokha.
“I would like to commend the leadership and staff of LOLC (Cambodia) Plc
for their outstanding achievements and active participation in the fight
against drugs in 2024,” said the certificate of Appreciation.
The award was presented during a Royal Government of Cambodia meeting to
mark the launch of the Kingdom’s 10th Anti-Drug Campaign. Also in
attendance was His Excellency Deputy Prime Minister and NACD President
Neth Savoeun.
According to the NACD, almost 15 tonnes of narcotics were seized by
Cambodian authorities in 2024, a fourfold increase over 2023.
His Excellency Meas Vyrith, Secretary-General of the national authority,
shared the figures during the authority’s March 12 annual meeting.
Despite the promising results of last year, Vyrith warned that Cambodia
continues to face the threat of global drug trafficking, especially from
the “golden triangle” region.
He noted that in 2024, law enforcement handled 10,630 drug-related
cases, an increase of 2,567, or 31.84 percent, over the previous year.
LOLC has been a consistent supporter of the NACD’s anti-drug campaigns.
It has distributed leaflets, stickers and drug awareness materials, and
shared poster exhibitions, warning banners, and booklets which outline
the dangers of drug use throughout the communities where it works.
In addition, it has handed out souvenirs such as hats, calendars,
umbrellas, glasses, hand fans and more. They have been dispensed to
households, families, friends and loved ones to help prevent them from
falling into the relentless cycle of drug abuse.
This Certificate of Appreciation reflects that LOLC is not only a
microfinance institution providing financial solutions to meet the needs
of the Cambodian people, but also a company that is dedicated to
addressing social issues, including the well-being of the community.
Publish date: March 14, 2025
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LOLC (Cambodia) Plc. has been serving Cambodian public and society for over 30 years, and has been recognized by both local and international financial authorities. Our products and services are committed to improving the livelihood of Cambodian customers.
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