Partnership Agreement for Smart Saving & Digital Payment between AMK Microfinance Institution and BVM Petroleum

Phnom Penh, August 6, 2024 – AMK Microfinance Institution and BVM Petroleum have signed partnership agreement to open Smart Kid Accounts for their employees and digital payment solution via AMK Mobile, took place at AMK’s Head Office at 10 am. Smart Kids Account is a savings account that offers an interest rate of up to 3% per year and free insurance coverage of up to $200,000.

Mr. Kea Borann, CEO of AMK, said, “We are pleased to partner with BVM Petroleum to provide smart savings solutions to their employees at all levels and to facilitate their financial management, making it more convenient, modern, and digital. We sincerely hope that this partnership will help both companies grow in terms of quality and service. On behalf of AMK, we are committed to bringing something new, modern, and convenient to better serve our customers’ needs.”

Ms. Meas Kunthea, Deputy CEO of BVM Petroleum, expressed her enthusiasm about the collaboration between BVM Petroleum and AMK, “We are delighted to collaborate with AMK to enhance convenience and offer additional benefits alongside our existing benefits for our dedicated employees. This is part of our unwavering commitment toward creating a safety net for our employees’ welfare.”

Ms. Kunthea continued, “BVM Petroleum has successfully partnered with AMK as one of our digital payment partners for our mobile application, ANUPHEAP, a mobile app designed to provide seamless refueling experiences for our clients at BVM stations. Through this collaboration, we aim to benefit of both valued clients and staff while contributing to the growth of Cambodia’s digital economy.” 

About AMK

AMK Microfinance Institution is a leading microfinance institution in Cambodia that provides responsible and diverse financial services to all clients and low-income families to help achieve their financial aspirations with the livelihood they want. AMK was established more than 20 years ago, with operations in all provinces and districts in Cambodia, including more than 147 branches and nearly 7,000 agents. AMK offers a wide range of financial services, including loans, deposits and daily transactions / payments. AMK mission is to provide responsible and diverse financial services to all clients, especially women and low-income families, to help them achieve their financial and livelihood aspirations.

About BVM Petroleum

Since 2008, BVM Petroleum has been a prominent local importer, distributor, and supplier of fuels in Cambodia. Our vision, “A local energy company to provide sustainable growth for Cambodian people”. BVM Petroleum has garnered strong support from end-users, business owners, and station operators across the country. Currently, there are 98 branded stations in 17 provinces across Cambodia. For more details, you can reach our Call Centre at 095 555 801 between 7:30 am and 5:00 pm daily, or visit our website at https://bvmpetroleum.com/