Dutch development bank FMO has proposed to invest another $15 million in Amret Plc, the second-largest microfinance institution (MFI) in Cambodia, according to a disclosure.
If approved, the investment will be FMO’s eighth in Amret since August 2013. So far, the Dutch lender has invested a total of $117.98 million in the Cambodian MFI. It last invested $50 million in the firm in October 2021.