Annual workshop 2022 and 10th Anniversary Celebration (2013-2023) celebration of Mega Leasing Plc.

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Annual workshop 2022 and 10th Anniversary Celebration (2013-2023) celebration of Mega Leasing Plc.

On April 8 2023, Mega Leasing Plc. held its 2022 Annual workshop and 10th Anniversary (2013-2023) participated by all levels of staff, management and Chief Executive CEO as well as chaired by board of directors of Mega Leasing Plc. and distinguished guests at the Cambodiana hotel.

Mr. CHHOY Bunnak, CEO, made his remarks on this occasion: "The success of Mega Leasing, is due to the good adherence to the two essential strategies, honesty, and support and respect for the values between employees and company and company and customers as well as all other stakeholders”.

Mr. CHHOY Bunnak emphasized that Mega Leasing had significantly contributed to the Government to create jobs for many Cambodians and had improved the living standard of more than 56,000 local customers by providing them the lease of movable assets such as motorbikes for transportation over the past decade. He expressed that Mega Leasing was garnered high levels of trust by shareholders, lenders, customers, government entities, employees, business partners, and all stakeholders due to its strong corporate governance, financial statement, and internal control system, which was overseen by international independent audit firms (Big Four), KPMG, Erns & Young (Cambodia) Ltd, and Mega Leasing was also resilient in its business operations and financial sustainable, even though it was operating during the Covid-19.

Over the past 10 years, Mega Leasing has profoundly accomplished the achievements as following: Mega Leasing has offered financial leasing services to 56,640 customers by 2022 and 11,212 active customers by the end of 2022. Furthermore, the financial lease portfolio has significantly risen up from 5.6 million US dollars to 16.3 million US dollars by December 2022. Assets has also substantially gone up from $ 6 million to around $ 20 million by December 2022. At the same time, Mega Leasing Plc has also positively achieved a steady growth in profits to more than $ 1.1 million by 2022, and has expanded operation area 12 provincial and district offices respectively.

Besides the financial growth, Mega Leasing has also provided employment opportunities for 196 employees by 2022, compared to only 24 employees in 2013. Certainly, this achievement reflects that Mega Leasing has contributed to financial leasing offering in order to either come up or facilitate livelihoods by providing motorcycles, vehicles and other equipment used as a means of transportation, business for progressing customer’s income better. Various. In overall, Mega leasing Plc's mission is still to mainly focus on joining the Royal Government in reducing poverty and improving people's lives by providing convenient financial leasing service to customer.