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Recognized for Cambodia Transparent Pricing Initiative from MFTransparency

Certificate of recognition from MFTransparency

August 31, 2009

On August 07, 2009, ACLEDA Bank received a certificate of recognition from MFTransparency for being a global pioneer in the microfinance industry by participating in the Cambodia Transparent Pricing Initiative.

MFTransparency is a global initiative for fair and transparent pricing in the Microfinance industry.

Because of complications of market conditions and lack of regulation, MFTransparency was established to present information on credit products and their prices in a clear and consistent fashion in order to promote the welfare of poor micro-entrepreneurs, and to promote the integrity of microfinance as a poverty alleviation practice.

Its vision is a microfinance industry operating with healthy free market conditions where consumers and other stakeholders can make informed decisions.

For more information, please visit mftransparency.org.