“KB Prasac, Woori Bank Accused of Predatory Lending in Rural Cambodia”, KIRI Post, 01 Jul 2025

A report by Korean human rights NGO Korean Transnational Corporations Watch, which met 14 families last year, details serious human rights violations from abuses allegedly committed by KB Prasac and Woori Bank bank staff, such as harassment, humiliation and threats.

KTNC Watch’s 72-page report found that the lendings resulted in “serious human rights violations” from abuses allegedly committed by the bank staff, according to a statement by local rights NGO Licadho.

…“Credit officers began aggressive collection practices. [They] entered borrowers’ home without their consent, harassed their families, publicly humiliated them in front of their children and neighbours, threatened to call the police or send the borrower to jail, told them that their children would still have to pay the debt even if the borrower died by suicide, and pressured them to sell land or take out informal loans to repay the debt,” KTNC said.

… Both banks did not respond immediately to questions sent via email.