First Finance Plc is the pioneering microfinance institution in Cambodia, specializing in providing micro-housing loans to low and middle-income Cambodians. This strategic positioning enables First Finance Plc to bridge the market gap, as most commercial banks primarily serve the wealthier segments of the Cambodian population. By extending its services to those typically excluded from formal housing financial services, First Finance Plc plays a crucial role in promoting financial inclusion and expanding access to affordable housing for a broader demographic.
First Finance Plc was established as a joint venture, bringing together prominent entities such as First Home Plc in Cambodia, Phillip Capital in Singapore, Insitor Fund in Luxembourg, Cambodia-Laos Development Fund, and Norfund in Norway. However, in June 2022, the company underwent a complete takeover, transitioning to a 100 percent local ownership structure under a new local shareholder.
