LOD Financial Leasing Plc.

Mrs. Uk Sivoleak
Member/ CEO

The limited access to capital, inflation, interest rate rises and income generation from clients could impact growth prospects. Also, small financial institutions with a substantial portfolio of microloans and lease that allowed more lenient repayment terms during the pandemic will see a drag on their finances and access to funding.

Smaller leasing institutions will likely face steeper challenges, given their limited capital and access to new means of financing. While they do not usually cover a large proportion of the rural population, their overall well-being is critical for maintaining stability in the local leasing and micro financing ecosystem.

National Bank of Cambodia has addressed some of these issues by strengthening and expanding the coverage of credit bureaus and launching national campaigns on financial literacy. Regulators will need to find the delicate balance between safeguarding the micro-borrowers from too much debt or high-interest rates and ensuring the long-term commercial viability of the sector. Steady progress in introducing related services like micro-insurance and small savings products will also enhance long-term viability. 

It’s my honor to present our business results in 2022. Our long-term strategy remains intact: acquiring new business, delivering operational excellence, and reserve capital for future growth. As pandemic recovery and Ukraine War impact and anticipated risk , our leasing outstanding has increased 12% compared to last year and number of customers decreased by 1% compared to the end of 2021. 

These efforts will be well-coordinated with the company's strategy, which is a key factor for the survival of LOD Leasing Plc. This is not a one-time effort; it takes a lot of effort and patience to keep the company survival and future growth. From year to year, we are constantly mitigating unforeseen risks, such as operating systems, regulations, and financial leasing service offering. We have invested a lot, in our staffs for competencies and governance, CIFRSs for SMEs and in Core banking technology systems to meet the needs of all interested parties, especially for regulators and our clients,”

Due to the growth of new establishments, the market has become more competitive in terms of rate, quality and service. Even market is very completive, L O D Leasing Plc. is still able to survival and ready to grow when time come, and the company continues to develop itself by providing a wide range of financial leasing services and products, as well as providing fast and services excellence to customers to our target customers.