AMK Microfinance Institution
AMK Microfinance Institution (AMK Bank Plc) is a Cambodian licensed bank serving approximately 300,000 predominantly rural borrowers through 143 branches, agent banking, mobile and KHQR/Bakong digital channels, offering deposits, group and individual loans, SME credit, payments, and bancassurance products.
- Company typePrivate
- Founded2003
- HeadquartersPhnom Penh, Cambodia
- Headcount1,001–5,000
- GTM typeB2B and B2C
- OfferingServices
What AMK Microfinance Institution does
AMK Microfinance Institution, now operating as AMK Bank Plc, is a Cambodian licensed bank headquartered in Phnom Penh, founded in 2003 with origins in Concern Worldwide's microcredit interventions of the 1990s. The institution serves approximately 300,000 borrowers predominantly in rural Cambodia, offering a full-service portfolio that spans personal and corporate deposit accounts (New Gen, Easy, Lucky, Smart Kid, Future, Happy Old Age, Corporate Savings), individual and group loans (Group Loan, Affordable Housing Loan, Emergency Loan, Car Loan including promotional EV leasing), SME and corporate credit (Micro and Small Loan, Medium Loan, Supply Chain Loan, Overdraft), money transfers (local, international via EMQ/E9pay, and Bakong QR), cards (AMK Cards and UnionPay co-branded), and bancassurance products (micro-life, life, general insurance). Distribution operates through 143 branches, 82 ATMs/CDMs, a nationwide agent banking network, and digital channels including AMK Mobile Banking (with selfie-based account opening), AMK Merchant KHQR acceptance, and the AMK BizSolution SME platform, all integrated with Cambodia's Bakong national payment system.
The business model is a diversified retail and micro/SME banking revenue stack: net interest income from group and individual lending, interest expense on deposits, transaction and service fees from transfers/payments/payroll, and distribution commissions from insurance partnerships. Pricing is volume-based, with promotional rates such as 4% p.a. on new mobile selfie accounts and KHR 100/day micro-insurance, plus tiered loan products. The go-to-market is direct-to-consumer and direct-to-SME via the physical and agent network supplemented by digital self-serve onboarding, supported by organic social marketing across Facebook, LinkedIn, YouTube, Telegram, TikTok, and Instagram. AMK is a signatory to the Cambodian Sustainable Finance Principles (CSFP), positioning it within the country's regulated sustainable finance framework alongside 74 institutions.
Technology and operational infrastructure center on Bakong/KHQR interoperability for QR payments and instant transfers, selfie onboarding for remote account opening, agent banking for cash-in/cash-out and bill payment reach, and partner integrations (UnionPay, EMQ, E9pay) for card and remittance services. Ownership structure, specific shareholder identities, and revenue figures are not disclosed in the available source material, limiting quantitative triangulation. Recent strategic activity — including a $7.5 million Symbiotics investment in April 2023, EV loan and BizSolution launches, and continued digital channel buildout — points to measured expansion from a mature rural-banking base.
AMK Microfinance Institution firmographics
Firmographics- Name
- AMK Microfinance Institution
- Legal name
- AMK Bank Plc
- Website
- https://amkcambodia.com
- Company type
- Private
- Founded year
- 2003
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- AMK Microfinance Institution (AMK Bank Plc) is a Cambodian licensed bank serving approximately 300,000 predominantly rural borrowers through 143 branches, agent banking, mobile and KHQR/Bakong digital channels, offering deposits, group and individual loans, SME credit, payments, and bancassurance products.
- Ownership category
- akta.pro rank
AMK Microfinance Institution industry classification
Industry- Product category
- Microfinance Banking
- NAICS
- Commercial Banking (522110), Depository Credit Intermediation (5221), Commercial Banking (52211)
- SIC
- National Commercial Banks (6021), Short-Term Business Credit Institutions (6153)
- akta.pro primary industry
- Microloans & Working Capital Loans (FSAKAGAA)
- akta.pro secondary industries
- Agricultural & Rural Microfinance (FSAKAGAG), Microfinance, Financial Inclusion & Inclusive Markets (BPAGABAM), SME Sector/Specialty Banking (Vertical-focused: Healthcare, Agri, Tech, etc.) (FSABABAI)
Keywords
Where AMK Microfinance Institution is headquartered
LocationHeadquarters
- HQ city
- Phnom Penh
- HQ country
- Cambodia
- HQ region
- Asia
Offices1 record
Markets served
AMK Microfinance Institution business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D, Supply Chain
Revenue model
- Microfinance Lending: Interest income from group loans, individual loans including housing loans, car loans, emergency loans, and business loans to individuals and SMEs
- Deposit Taking: Accepts various deposit accounts including savings accounts, term deposits from individuals and businesses, earning interest expense costs offset by loan income
- Transaction & Service Fees: Fees from money transfers (local and international), payment services, payroll services, and ATM withdrawals
- Bancassurance: Distribution of micro-life insurance, life insurance, and general insurance products through partnership model
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Selfie Banking Account - Special promotional rate |
| Other | Monthly | EV Car Loan |
| Unit Pricing | Monthly | Micro Life Insurance |
Go-to-market motion1 record
Distribution channels6 records
Marketing channels8 records
AMK Microfinance Institution product offering
Product offeringCore offering
AMK Microfinance Institution (AMK Bank Plc) is a Cambodian microfinance institution and licensed bank providing deposit accounts, group and individual loans (housing, car, emergency, MSME), money transfers (local, international, Bakong), digital banking (mobile app, QR payments, agent banking), and bancassurance products. It serves approximately 300,000 predominantly rural borrowers through 143 branches, 82 ATMs/CDMs, and a nationwide agent banking network. The institution has evolved from a microfinance origin into a full-service bank offering tailored personal and business banking products.
Product overview
AMK Bank Plc operates as a full-service financial institution in Cambodia offering a comprehensive portfolio of banking products and services. The core offering includes personal deposit accounts (New Gen Account, Easy Account, Lucky Account, Smart Kid Account, Future Account, Happy Old Age Account, Individual Term Deposit Account), personal loans (Group Loan, Affordable Housing Loan, Emergency Loan, Car Loan), business deposits (Corporate Savings, Corporate FD – End of Term, Merchant Saving Account), and business loans (Micro and Small Loan, Medium Loan, Supply Chain Loan, Overdraft Facility). Digital banking services encompass Mobile Banking, Agent Banking, AMK Merchant QR payments, and AMK BizSolution platform. The institution also provides money transfer services (Local Transfer, International Transfer, Bakong Funds Transfer), card products (AMK Cards, AMK UnionPay Card), and bancassurance products (Micro Life Insurance, Life Insurance, General Insurance). With 143 branches, 82 ATMs/CDMs, and a nationwide agent network, AMK maintains significant operational reach in Cambodia, having transformed from a microfinance institution to a licensed bank.
Differentiator
Problem solved
Functional benefit
Products and services
- New Gen Account
- Easy Account
- Lucky Account
- Smart Kid Account
- Future Account
- Happy Old Age Account
- Individual Term Deposit Account
- Group Loan
- Affordable Housing Loan
- Emergency Loan
- Car Loan
- Corporate Savings
- Corporate FD – End of Term
- Merchant Saving Account
- Micro and Small Loan
- Medium Loan
- Supply Chain Loan
- Overdraft Facility (OD)
- Payroll Service
- Payment Services
- Local Transfer
- International Transfer
- Bakong Funds Transfer
- AMK Mobile Banking
- Agent Banking
- AMK Merchant
- AMK BizSolution
- AMK Cards
- AMK UnionPay Card
- Micro Life Insurance
- Life Insurance
- General Insurance
Quantifiable outcome
- Serves approximately 300,000 borrowers predominantly in rural areas
- +2 more outcomes
Companies that use AMK Microfinance Institution
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles3 records
AMK Microfinance Institution technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
Feature4 records
AMK Microfinance Institution partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- Cambodian Sustainable Finance Principles (CSFP)coreAMK Microfinance participates in the Cambodian Sustainable Finance Principles (CSFP), a joint initiative by Association of Banks in Cambodia (ABC) and Cambodia Microfinance Association (CMA) launched in 2019. The CSFP is now backed by 74 institutions including 57 commercial banks, demonstrating AMK's commitment to sustainable finance practices in Cambodia.
- Bakong (National Payment System)coreIntegration with Cambodia's Bakong national payment system enabling KHQR fund transfers, making AMK Merchant and digital payments interoperable with the national financial infrastructure
Scale indicators4 records
Recent moves6 records
Expansion highlights6 records
AMK Microfinance Institution competitors and assessment
Company assessmentEmerging players
- Wing Bank (Cambodia): Cambodian digital-first bank and mobile wallet operator targeting unbanked and rural customers with low-cost account, transfer, and loan products. Competes with AMK on digital acquisition and remittance services.
Direct peers
- Sathapana Limited: Cambodian microfinance institution that also transitioned to a licensed bank, offering deposits, loans, and digital banking to similar rural and SME segments. Closely comparable in scale, product mix, and regulatory trajectory to AMK.
- Prasac Microfinance Institution: One of the largest MFIs in Cambodia, now majority-owned by Woori Bank, providing microloans, SME loans, deposits, and digital banking. Directly comparable as a Cambodian MFI/bank serving overlapping customer segments.
- AMRET Microfinance Institution: Cambodian microfinance institution offering group lending, individual loans, savings, and digital banking to rural and urban underserved customers. Directly competes with AMK in the same Cambodian MFI/bank category.
- Hattha Kaksekar Limited (HKL): Cambodian MFI that converted to a bank (Hattha Bank), serving rural borrowers and SMEs with lending, deposits, and digital channels. Highly comparable in customer profile and product set to AMK.
- LOLC Micro Finance (Cambodia): Cambodian MFI subsidiary of Sri Lanka-based LOLC Group, providing microfinance and SME lending with international backing. Directly comparable as a regionally backed MFI operating in Cambodia.
Broad incumbents
- ACLEDA Bank Plc: Cambodia's largest domestic bank, originating as an MFI and now operating a full commercial bank with national branch and digital reach. Comparable to AMK in product breadth but substantially larger and more established.
- ABA Bank: One of Cambodia's largest commercial banks with strong digital and retail franchise. Overlaps with AMK in SME banking, deposits, and digital payments but serves a broader and more urban customer base.
- Equity Bank: Pan-African commercial bank with a microfinance heritage and deep rural distribution, serving unbanked and SME customers across multiple markets. Useful comparable for AMK's microfinance-to-bank transition playbook at scale.
- BRAC Bank: Bangladesh-based bank spun out of BRAC's microfinance program, serving micro and SME borrowers with digital and branch channels. Comparable to AMK as an MFI-rooted bank scaling financial inclusion.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
AMK Microfinance Institution social profiles
Digital presenceAMK Microfinance Institution financial estimates
Financial estimateRevenue estimate
Valuation estimate
AMK Microfinance Institution leadership team
Management profileNumber of profiles
Profiles1 record
AMK Microfinance Institution funding detail
Funding detailFunding overview
Funding rounds2 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
AMK Microfinance Institution M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about AMK Microfinance Institution
What does AMK Microfinance Institution do?
AMK Microfinance Institution (AMK Bank Plc) is a Cambodian microfinance institution and licensed bank providing deposit accounts, group and individual loans (housing, car, emergency, MSME), money transfers (local, international, Bakong), digital banking (mobile app, QR payments, agent banking), and bancassurance products. It serves approximately 300,000 predominantly rural borrowers through 143 branches, 82 ATMs/CDMs, and a nationwide agent banking network. The institution has evolved from a microfinance origin into a full-service bank offering tailored personal and business banking products.
Is AMK Microfinance Institution a public or private company?
AMK Microfinance Institution is a private company. It is classified as venture growth investor backed and is currently operating.
When was AMK Microfinance Institution founded?
AMK Microfinance Institution was founded in 2003. It employs 1,001 to 5,000 people.
Where is AMK Microfinance Institution based?
AMK Microfinance Institution is headquartered in Phnom Penh, Cambodia, in the Asia region.
How does AMK Microfinance Institution make money?
Four revenue lines are on record. Microfinance Lending is the primary driver. The others are deposit Taking, transaction & Service Fees and bancassurance.
Who are AMK Microfinance Institution's main competitors?
Wing Bank (Cambodia) is listed as an emerging player. Direct peers are Sathapana Limited, Prasac Microfinance Institution, AMRET Microfinance Institution, Hattha Kaksekar Limited (HKL) and LOLC Micro Finance (Cambodia). Broad incumbents are ACLEDA Bank Plc, ABA Bank, Equity Bank and BRAC Bank.
Does AMK Microfinance Institution have an API?
No public API is recorded for AMK Microfinance Institution.
What industry is AMK Microfinance Institution in?
AMK Microfinance Institution's product category is Microfinance Banking. Its primary akta.pro industry code is FSAKAGAA, Microloans & Working Capital Loans, with a secondary code of FSAKAGAG, Agricultural & Rural Microfinance. Its NAICS code is 522110 and its SIC code is 6021.