As LOLC's maiden overseas investment, in 2007 the Group acquired an 18% stake in PRASAC Microfinance Institution in Cambodia and subsequently increased its shareholding to 70%. Over the years, PRASAC grew into the largest microfinance company in Cambodia, with total assets amounting to USD 3.6 Bn as of year end 2020, a matter of pride for the LOLC Group. In FY21 the largest commercial bank in the Republic of Korea, Kookmin Bank, acquired 70% of PRASAC. Currently, LOLC has its presence in microfinance and microinsurance segments through LOLC (Cambodia) Plc. and Serendib Microinsurance Plc.