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故事

2022年5月3日

Cambodia: Two NGOs complain to IFC alleging 6 banks and micro-finance institutions of human rights violations and violations of IFC performance standards; AMRET responds

Canva

The Compliance Advisor Ombudsman of the International Finance Corporation (IFC) has accepted and will move ahead with its review of a complaint alleging human rights violations and violations of IFC performance standards committed by six microfinance institutions and banks that offer microloans in Cambodia.

The complaint was filed on behalf of affected borrowers by Equitable Cambodia (EC) and the Cambodian League for the Promotion and Defense of Human Rights (LICADHO). It details how the IFC failed in its obligation to conduct due diligence and supervise projects to ensure compliance with performance standards. As a result, grave harms resulted from IFC loans and investments in six microfinance institutions (MFIs) and microloan-providing banks in Cambodia – ACLEDA, Hattha Bank, Sathapana, Amret, LOLC, and Prasac – who together hold about 75% of the country’s microloans.

The complainants are calling for the IFC’s Compliance Advisor Ombudsman (CAO) to launch a swift, independent investigation into the harms caused by these investments.

企業回應

AMRET 瀏覽回應
ACLEDA Bank

沒有回應

Prasac Microfinance

沒有回應

Hattha Bank

沒有回應

Sathapana Bank

沒有回應

LOLC (Cambodia)

沒有回應

Asian Infrastructure Investment Bank, AIIB 瀏覽回應
Oikocredit 瀏覽回應

時間線

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