LOLC (Cambodia) continues to score a strong social and institutional rating for 2023
SOCIAL RATING 2023
LOLC (Cambodia) Plc., one of the leading deposit-taking institutions in Cambodia, has the honor of achieving a high Social Rating score of BB + from a Microfinanza evaluation completed in February 2023. The Social Rating methodology was used to assess the company through various criteria such as Social Performance Management System, Client Protection and Social Responsibility, Outreach, and Quality of the Services.
INSTITUTIONAL RATING 2023
At the same time of this accomplishment, LOLC has also achieved another high grade of “medium” scoring in the Institutional Rating. The Institutional Rating methodology was used to assess the company through various criteria such as External Context, Governance and Strategy, Systems and Controls, Financial Profile, and Portfolio Quality. The grade of “medium” from Institutional Rating is consider a high grade.
CLIENT PROTECTION CERTIFICATION (CPC)
In 2022, LOLC received Gold Level of Client Protection Certification from Cerise and SPTF and the certificate is secured by February 2025. This verifies that LOLC Cambodia always protects and supports clients to financially grow their businesses through efficient and sustainable financial services.