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Cambodia
2012 (14 Years)
Last online: No recent activity
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This company is currently Unproved.
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License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Get to know GL FINANCE Plc.
Company Information
Get to know GL FINANCE Plc.
GL FINANCE Plc. is a prominent non-bank financial institution in Cambodia, established in May 2012. It operates as a joint venture between Group Lease Public Company Limited of Thailand and a local Cambodian partner, Thanabun Company Limited. The company's mission is to provide accessible and convenient financial leasing services to Cambodian people, particularly in rural areas, enabling them to acquire essential assets like motorcycles for transportation and agricultural machinery to improve their livelihoods.
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