IFLR1000

Shanghai Commercial and Savings Bank $100 million acquisition of a majority stake in AMK Microfinance

28/8/2019
Public acquisition
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$ 100 million

Completed

28/8/2019

Overview:

  • Chinese bank Shanghai Commercial and Savings Bank has acquired a majority stake in AMK Microfinance, the largest local microfinance institution in Cambodia, for over $100 million.

Shah Shameer Ahmed - Researcher

Jurisdiction:

Cambodia

Deal type:

Public acquisition

Practice area:

M&A

Industry sector:

Financial services

Firm:
VDB Loi

Party: The Shanghai Commercial and Savings Bank (Acquirer)

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