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Acquisition of Microfinance Institution by Foreign Bank

January 16, 2020

Sithisak Law Office advised a foreign commercial bank on its acquisition of shares in a major Cambodian microfinance institution. The firm guided the client through the National Bank of Cambodia’s (NBC) approval process, including regulatory requirements for share transfers, shareholder qualification assessments, and board member appointments. Sithisak also reviewed the supporting documentation required at each stage of the approval process.

This transaction highlights the firm’s strong command of Cambodia’s financial regulatory environment and its capability in handling cross-border banking acquisitions with precision and regulatory compliance.

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