Amret Senior 18 (IFC-41294)

  • Cambodia
Where the impacts of the investment may be experienced.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Bank Risk Rating
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
May 31, 2018
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
The holder of the loan, grant, or other investment.
  • Agriculture and Forestry
  • Finance
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 40.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 40.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ IFC website

Updated in EWS Feb 20, 2019

Disclosed by Bank Apr 27, 2018

Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description

According to the IFC, The senior loan with a greenshoe option of up to US$40 million to Amret Company Limited aims to support the Company's sustainable growth of its micro, small and medium loan portfolio.

Investment Description
Financial Intermediary
Financial Intermediary: A commercial bank or financial institution that receives funds from a development bank. A financial intermediary then lends these funds to their clients (private actors) in the form of loans, bonds, guarantees and equity shares. Financial intermediaries include insurance, pension and equity funds. The direct financial relationship is between the development bank and the financial intermediary.
Private Actors Description

Amret Co. is a leading microfinance institution in Cambodia serving micro, small and medium enterprises and low-to-middle-income populations with a focus on agriculture, rural areas, district and provincial cities. Amret was launched in 1991, and obtained a license to operate as a deposit-taking MFI in 2009.  Today, it provides a wide range of loan and deposit services to Cambodian men and women, farmers, small businesses, and households across 25 provinces and 197 operating districts. The current main shareholders of Amret are: (i) Advans SA with a 52.78% shareholding, (ii) FMO with 19.99%, and (iii) IFC with 19.99%, La Fayette Participations S.A.S with 4.06%, and Botta Cambodia with 3.17% shareholding.

Private Actor 1 Private Actor 1 Role Private Actor 1 Sector Relation Private Actor 2 Private Actor 2 Role Private Actor 2 Sector
- - - - Amret Co. Ltd. Client -

Contact Information

Amret Company Limited
Patrice Vignes
Chief Finance Officer
(855) 23 880 942
#35BA, St.169, Veal Vong, 7 Makara, Phnom Penh, Cambodia, 12253


The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at You can learn more about the CAO and how to file a complaint at